Grey Rock Energy Management, LLC
Grey Rock Energy Management, LLC is a Dallas-based investment adviser and private equity firm founded in 2013. The firm specializes in managing investment funds focused on diversified non-operated oil and gas assets, as well as energy transition strategies like carbon capture and industrial decarbonization within North America. With a team of approximately 25–27 professionals, Grey Rock is led by managing directors Matt Miller and Thad Darden, and serves institutional and private investors seeking exposure to energy and sustainable natural resource investments.
Investment Strategy
Grey Rock emphasizes building diversified portfolios of non-operated oil and gas interests with low breakeven costs, aiming for attractive risk-adjusted returns. The firm has a dual focus: traditional energy assets and energy transition opportunities (such as carbon capture, decarbonization, and methane abatement), with a commitment to ESG principles. Their investment approach seeks to provide best-in-class returns while also mitigating environmental impact through responsible stewardship, rigorous governance practices, and aligning investments with sustainability goals.