DAYBREAK FUND ADVISORS LLC
DAYBREAK FUND ADVISORS LLC is a Series C+ fund in the US investing in energy-tech and energy-service.
- Stages
- Series C+
- Sectors
- energy-tech, energy-service
- Invests in
- US-wide
- Actively investing
- Yes
- Founded
- 2011
- Assets under management
- $1.0 billion
Check size not disclosed
Thesis
Daybreak Fund Advisors LLC, operating as Pelican Energy Partners, is a Houston, Texas-based private equity firm founded in 2011. The firm's investment thesis centers on the energy service sector and related businesses, with a focus on privately-held companies, though public companies are also considered. They manage multiple pooled investment vehicles, including closed-end limited partnerships, and may establish co-investment vehicles for specific transactions. The firm charges management fees of up to 2% of committed or invested capital, with potential performance fees based on carried interest allocations. As of March 28, 2025, the firm reported total AUM of $1.0 billion. They operate two private funds: Pelican Energy Partners LP and Pelican Energy Partners II LP. The average account size is approximately $142 million, but specific check sizes per investment deal are not detailed. The firm is headquartered in Houston, Texas, with a primary focus on the United States energy service industry.
Common questions
Does DAYBREAK FUND ADVISORS LLC invest at the Series C+ stage?
Yes. DAYBREAK FUND ADVISORS LLC lists Series C+ among the stages it invests in.
Where does DAYBREAK FUND ADVISORS LLC invest?
DAYBREAK FUND ADVISORS LLC invests in the US.