$23.5MM Soft Commit + "The Surprising Truth of the Energy Transition"

116 Upstream Energy Fund VI Update $23.5MM+ in Soft Commitments   Investor,   We had an overwhelming response to our latest oil & gas Oil & Gas Fund, 116 Upstream Energy Fund VI, a 506c offering. So far, we've received $23.5MM in soft commitments from investors.   This $50MM fund has been created to acquire diversified holdings of Non-Operating Working Interests & Overriding Royalty Interests of middle-market opportunities (focusing on PDP & PUD) partnering with larger operators in proven basins. Timeline: General Public Announcement: Thursday, June 29th Last Day to Soft Commit: Friday, July 14th Deadline to Wire Funds: Friday, July 28th Closing on Portfolio First Asset: Mid-August   Next Steps: Open the Data Room and watch: Oil & Gas Masterclass 116 Upstream Energy Fund webinar  Review all documents and material  Soft Commit Schedule a call The "energy transition" narrative has been dominating our headlines for some time now. It seems like every day, there's a new report about our shift from fossil fuels towards greener energy sources – which is important. But as we recently discussed on our live masterclass with oil and gas industry veteran and CEO of Mohajir Energy Partners, Jeff Mohajir, the truth of this transition is not as cut and dry as it appears.   The common narrative is that electric vehicles – that a replacement for our gas-guzzling cars, trucks and SUVs are the savior of our fossil fuel based economy. But Jeff offered a crucial counterpoint: "The more electric cars there are – the more batteries there are – it's gonna take more natural gas to generate that power," Jeff explained. Natural gas and coal generate 60% of US electricity. Renewables generate 21%. It's a point that offers an important counter-narrative to the mainstream view, highlighting... Read more of Bob Fraser's article Happy Investing!   Best, Ben Ben Fraser Managing Director, Chief Investment Officer Aspen Funds ben@aspenfunds.us Aspen Funds, 5700 112th St., Overland Park, KS 66211, 800-940-1510 Unsubscribe Manage preferences