Hedge Fund - Heronetta Management

Heronetta Management is an independent investment product manager specializing in high-yielding assets within the energy infrastructure sector, particularly focusing on Master Limited Partnerships (MLPs). The firm employs a conservative, long-term investment approach tailored to capitalize on opportunities in this mature and expanding market.

Henry Breck is the Managing Partner and Chief Investment Officer of Heronetta Management, L.P. Previously, he served as Chairman of Ark Asset Management Co., Inc., an institutional money management firm, from August 1989 to March 2008. His career includes roles as a Managing Director and investment banker at Lehman Brothers, where he also chaired Lehman Management Company, the investment management arm. At Lehman Brothers, Henry served as Chairman of the Lehman Corporation and the Lehman Investors Fund, having joined the firm in 1968 and becoming a partner in 1972. Before his tenure in investment banking, Henry held positions with the Central Intelligence Agency and served in the U.S. Air Force. He is a member of the Council on Foreign Relations and holds a B.A. from Harvard University, along with an M.A. in Jurisprudence from Oxford University's Balliol College.

Heronetta Management is a hedge fund serving 30 clients with discretionary assets under management (AUM) totaling $265,835,137, as of their Form ADV dated March 2024. In their Q1 2024 13F filing, they reported managing $154,872,897 in 13F securities, with a top 10 holdings concentration of 75.73%. The fund's largest holding is Enterprise Products Partners LP, with 574,048 shares held.