DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
Former SEC-registered adviser
Canaan Natural Gas Management, LLC
Latest filing Mar 20, 2025
First filing on the tape Mar 29, 2012 · 15 filings
SEC status approved since Apr 27, 2012
RAUM
$65.0M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
1
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$65.0M as of Mar 20, 2025
Mar 27, 2013$488M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 20, 2025
Mar 27, 20130 then
Employees (5.A)1 as of Mar 20, 2025
Mar 27, 20135 then
Private funds1 as of Mar 20, 2025
Mar 27, 20136 then
RAUM -80% over the last fiscal year-41% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 20, 2025; every figure names its basis
- RAUM per advisor
- unknownderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $65.0MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- -80%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- fixed fees, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for pooled vehiclesreportedItem 5.G
- Custody
- $65.0M, 1 clientsreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- has discretionary authority over which securities are bought or sold (8.C.1)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$65.0M100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 1reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $65.0M for 1 clientsreported
- Compensation
- fixed, performancereported
- Class basis
- absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
8 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Canaan Resource Partners Drilling Fund, L.P. | Private Equity Fund | $325M | 2 | Mar 31, 2014 |
| Crp Xii Holdings LLCno longer reported | Private Equity Fund | $300M | 11 | Mar 26, 2020 |
| Canaan Natural Gas Parallel Fund Ix, LPno longer reported | Private Equity Fund | $119M | 20 | Mar 29, 2012 |
| Canaan Natural Gas Parallel Fund X, LPno longer reported | Private Equity Fund | $91.4M | 22 | Mar 29, 2012 |
| Canaan Natural Gas Fund Ix, LPno longer reported | Private Equity Fund | $79.2M | 10 | Mar 29, 2012 |
| Canaan Natural Gas Fund X, LPno longer reported | Private Equity Fund | $45.4M | 12 | Mar 29, 2012 |
| Canaan Natural Gas Parallel B Fund X, LLCno longer reported | Private Equity Fund | $6.1M | 26 | Mar 29, 2012 |
| Canaan Natural Gas Parallel B Fund Ix, LPno longer reported | Private Equity Fund | $4.3M | 16 | Mar 29, 2012 |
Owners and control persons
Schedule A and B, latest filing
- Kevin Johnnie Penton · Presidentcontrolsince 03/2004 · owns 75% or more
- Michael Scott Rayburn · Vice President Ccosince 03/2004 · owns less than 5%
Related persons
Schedule D 7.A
- Canaan Associates X, LLCpooled vehicle sponsory
- Canaan Associates, LLCpooled vehicle sponsory
- Canaan Resource Associates Xi, LLCpooled vehicle sponsory
- Crp Management Xi, LLCinvestment advisery
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Assets in custody · $325M to $65.0MMar 21, 2024 to Mar 20, 2025
- Financial planning clients · unset to Mar 21, 2024 to Mar 20, 2025
- Discretionary RAUM · $325M to $65.0MMar 21, 2024 to Mar 20, 2025
- Pooled vehicle RAUM · $325M to $65.0MMar 21, 2024 to Mar 20, 2025
- RAUM · $325M to $65.0MMar 21, 2024 to Mar 20, 2025
- Assets in custody · $649M to $325MMar 24, 2022 to Mar 21, 2023
- Discretionary RAUM · $316M to $325MMar 24, 2022 to Mar 21, 2023
- Pooled vehicle RAUM · $316M to $325MMar 24, 2022 to Mar 21, 2023
- RAUM · $316M to $325MMar 24, 2022 to Mar 21, 2023
- Accounts · 8 to 1Mar 26, 2021 to Mar 24, 2022
- Pooled vehicle clients · 8 to 1Mar 26, 2021 to Mar 24, 2022
- Employees · 2 to 1Mar 26, 2021 to Mar 24, 2022
- Discretionary RAUM · $649M to $316MMar 26, 2021 to Mar 24, 2022
- Non-discretionary RAUM · $300M to $0Mar 26, 2021 to Mar 24, 2022
- Pooled vehicle RAUM · $949M to $316MMar 26, 2021 to Mar 24, 2022
- RAUM · $949M to $316MMar 26, 2021 to Mar 24, 2022
- Advisory employees · 5 to 1Apr 15, 2020 to Mar 26, 2021
- Assets in custody · $649M to $649MApr 15, 2020 to Mar 26, 2021
- Employees · 5 to 2Apr 15, 2020 to Mar 26, 2021
- Private funds · 2 to 1Mar 26, 2020 to Apr 15, 2020
- Accounts · 7 to 8Mar 29, 2019 to Mar 26, 2020
- Pooled vehicle clients · 7 to 8Mar 29, 2019 to Mar 26, 2020
- Private funds · 1 to 2Mar 29, 2019 to Mar 26, 2020
- Discretionary RAUM · $649M to $649MMar 29, 2019 to Mar 26, 2020
- Non-discretionary RAUM · $0 to $300MMar 29, 2019 to Mar 26, 2020
- Pooled vehicle RAUM · $649M to $949MMar 29, 2019 to Mar 26, 2020
- RAUM · $649M to $949MMar 29, 2019 to Mar 26, 2020
- Assets in custody · $507M to $649MMar 28, 2018 to Mar 29, 2019
- Discretionary RAUM · $507M to $649MMar 28, 2018 to Mar 29, 2019
- Pooled vehicle RAUM · $507M to $649MMar 28, 2018 to Mar 29, 2019
- RAUM · $507M to $649MMar 28, 2018 to Mar 29, 2019
- Pooled vehicle clients · unset to 7.0Mar 21, 2017 to Mar 28, 2018
- Assets in custody · $2.5M to $507MMar 21, 2017 to Mar 28, 2018
- Other offices · unset to 0.0Mar 21, 2017 to Mar 28, 2018
- Private funds · 7 to 1Mar 21, 2017 to Mar 28, 2018
- Discretionary RAUM · $426M to $507MMar 21, 2017 to Mar 28, 2018
- Pooled vehicle RAUM · unset to 507241556.0Mar 21, 2017 to Mar 28, 2018
- RAUM · $426M to $507MMar 21, 2017 to Mar 28, 2018
- Assets in custody · $7.8M to $2.5MMar 30, 2016 to Mar 21, 2017
- Assets in custody · $3.0M to $7.8MMar 25, 2015 to Mar 30, 2016
Signals
9 dated events
- Canaan Natural Gas Management, Llc no longer on the SEC adviser roster (last listed 2025-08-01, RAUM $65.0M)Sep 2, 2025 · Left the SEC roster · derived
- Canaan Natural Gas Management, Llc reported RAUM $65.0M, down 80% from $325.0M (2024-03-21 to 2025-03-20)Mar 20, 2025 · RAUM change · derived
- Canaan Natural Gas Management, Llc reported RAUM $316.0M, down 67% from $948.7M (2021-03-26 to 2022-03-24)Mar 24, 2022 · RAUM change · derived
- Edwin Leo Woodard (Chairman) no longer on Schedule A of Canaan Natural Gas Management, Llc (listed 2021-03-26, absent 2022-03-24)Mar 24, 2022 · Control person left · inference
- Stuart Michael Mewbourn (Vice President) no longer on Schedule A of Canaan Natural Gas Management, Llc (listed 2019-03-29, absent 2020-03-26)Mar 26, 2020 · Control person left · inference
- Canaan Natural Gas Management, Llc reported RAUM $948.7M, up 46% from $648.7M (2019-03-29 to 2020-03-26)Mar 26, 2020 · RAUM change · derived
- Canaan Natural Gas Management, Llc reported RAUM $648.7M, up 28% from $507.2M (2018-03-28 to 2019-03-29)Mar 29, 2019 · RAUM change · derived
- Schaller Dean Sergent (Vice President) no longer on Schedule A of Canaan Natural Gas Management, Llc (listed 2018-03-28, absent 2019-03-29)Mar 29, 2019 · Control person left · inference
- Peet Christopher Gordon (Managing Partner Crp Management Xi, Llc) no longer on Schedule A of Canaan Natural Gas Management, Llc (listed 2018-03-28, absent 2019-03-29)Mar 29, 2019 · Control person left · inference
Across DFX
shared identifiers only, never a name match
- Canaan Natural Gas Management, LLC · Private Equityshared crd · organization
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026