Fund administration by NAV Consulting. Accounting by Baker Tilly. Audit by Akram & Associates. Custody at Charles Schwab. Four independent firms — none of them us — verifying the numbers.
For important disclosures regarding this educational video, please see the disclaimer below.
Investors should demand institutional-level oversight from any private investment. Bison II, LP is built with the same independent infrastructure used by leading hedge funds, private equity firms, and registered investment companies — uncommon in the private oil & gas industry.
In any well-governed private fund, the firms that calculate what investors are owed, keep the books, and audit the financials should be independent of the people running the fund. Bison II is built that way.
Independent of Bison Natural Resources. Handles capital calls, distributions, K-1s, NAV calculation, and investor reporting — the institutional-grade administrator used across hedge funds, private equity, and venture capital.
A top-10 U.S. accounting firm. Provides the fund’s ongoing accounting and tax services — independent of the sponsor, so the numbers investors receive are reviewed by an outside professional firm with no role in fund operations.
A PCAOB-registered audit firm. Performs the fund’s annual independent financial-statement audit under GAAP — the same standard required for SEC-registered funds and institutional LPs.
Bison II is custody-eligible on the Charles Schwab platform — meaning RIAs, family offices, and individual investors can hold the position alongside their other investments, see it on Schwab statements, and have it reconciled by their wealth manager. That’s rare in private oil & gas, where most funds are held only at the sponsor.
Most private oil & gas partnerships in the U.S. operate at a different governance standard than the institutional fund world. That gap matters — because in any private investment, the only protection investors have against an inattentive or self-dealing sponsor is the discipline imposed by independent firms.
An independent administrator, an independent auditor, an independent accountant, and an independent custodian aren’t marketing — they’re the structural checks that let an investor (or an investor’s advisor) verify what they own and what they’ve been paid. Bison II is built to that standard.
Book a 30-minute introductory call or jump straight in. We’ll walk through the fund’s goals, economics, and tax benefits — tailored to your situation, with no obligation.