Manager · SEC CRD 109310
Merit Energy
Private CreditReal Assets
Funds with performance
13
LP investors
13
Public LPs disclosing at least one fund
SEC regulatory AUM
$3.70B
As of 2026-10-29
The franchise by vintage
Funds disclosed by public LPs, by strategy and vintage year. Dot area is the number of funds raised that year.
Funds
Funds managed by Merit Energy
Fund Name | Strategy | Sub-Strategy | Geography | Vintage | IRR | TVPI | DPI | As-of Date | Gross AUM | LPs |
|---|---|---|---|---|---|---|---|---|---|---|
| 5 Merit Energy Partners H, LP | Real Assets | Natural Resources | North America | 2010 | -13.7% | 0.69x | 0.12x | 2016-12-31 | — | 1 |
| Merit Energy Partners E-I | Real Assets | Natural Resources | North America | 2004 | 14.5% | 2.10x | 2.13x | 2026-03-31 | $5.5M | 4 |
| Merit Energy Partners F LP | Real Assets | Natural Resources | North America | 2005 | -7.2% | 0.62x | 0.62x | 2024-12-31 | — | 1 |
| Merit Energy Partners F-I | Real Assets | Natural Resources | North America | 2006 | -17.2% | 0.40x | 0.43x | 2026-03-31 | $1.7M | 1 |
| Merit Energy Partners F-II, L.P. | Real Assets | Natural Resources | North America | 2006 | -7.0% | 0.62x | 0.62x | 2025-03-31 | $20.4M | 3 |
| Merit Energy Partners G, LP | Real Assets | Natural Resources | North America | 2009 | -10.0% | 0.70x | 0.68x | 2026-03-31 | $275.7M | 2 |
| Merit Energy Partners H | Real Assets | Natural Resources | North America | 2011 | -5.5% | 0.63x | 0.58x | 2026-06-30 | $604.7M | 3 |
| Merit Energy Partners I, L.P. | Real Assets | Natural Resources | North America | 2014 | 7.0% | 1.57x | 1.02x | 2026-06-30 | $983.8M | 6 |
| Merit Energy Partners K, L.P. | Real Assets | Natural Resources | North America | 2019 | 21.5% | 1.78x | 0.52x | 2026-06-30 | $875.7M | 1 |
| Merit Mezzanine Fund IV, L.P. | Private Credit | Mezzanine | North America | 2004 | 11.6% | 2.00x | 1.98x | 2023-09-30 | $37.1M | 1 |
| Merit Mezzanine Fund V, LP | Private Credit | Mezzanine | North America | 2010 | 10.7% | 1.80x | 1.61x | 2026-06-30 | $152.8M | 3 |
| Merit Mezzanine Fund VI | Private Credit | Mezzanine | North America | 2016 | 16.2% | 1.83x | 1.34x | 2026-06-30 | $330.6M | 1 |
| Merit Mezzanine Fund VII | Private Credit | Mezzanine | North America | 2020 | 9.0% | 1.20x | 0.29x | 2026-06-30 | — | 1 |
LP Investors
Limited partners invested in Merit Energy funds
| LP Name | Type | Location | Funds Invested |
|---|---|---|---|
| Andrew W. Mellon Foundation | foundation | — | 5 |
| Annie E. Casey Foundation | foundation | — | 2 |
| Carnegie Corporation of New York | foundation | — | 5 |
| Ewing Marion Kauffman Foundation | foundation | — | 2 |
| John D. and Catherine T. MacArthur Foundation | foundation | — | 1 |
| John S. and James L. Knight Foundation | foundation | — | 2 |
| Maryland State Retirement and Pension System | public_pension | MD | 1 |
| Rockefeller Foundation | foundation | — | 2 |
| Minnesota State Board of Investment | public_pension | MN | 9 |
| Dallas Police & Fire Pension System | public_pension | TX | 5 |
| State of Michigan Retirement Systems | public_pension | MI | 2 |
| Nebraska Investment Council | public_pension | NE | 1 |
| San Diego County Employees Retirement Association | public_pension | CA | 1 |