PEARL ENERGY INVESTMENTS

Billy Quinn founded Pearl Energy Investments and serves as its Managing Partner, overseeing all aspects of the firm. Before Pearl, he spent nearly 20 years as Co-Managing Partner of Natural Gas Partners (NGP), and earlier held roles at Rainwater, Inc., Hicks, Muse, Tate and Furst, Bear Stearns, and BT Securities. He holds a B.S.E. in Finance from the Wharton School and an M.B.A. from Stanford's Graduate School of Business, where he also guest lectures on private equity investing.

Kevin Manuel Pohler is a Partner at Pearl Energy Investments, which he first joined as an Associate in 2015 and rejoined in 2019 after completing his M.B.A. Before Pearl, he worked as an Analyst in Goldman, Sachs & Co.'s Global Natural Resources Investment Banking Group in New York, focusing on M&A and capital markets transactions across oil & gas, power, mining, and chemicals. He earned a B.A. in Economics with honors from Harvard College and an M.B.A. from the Stanford Graduate School of Business, where he was an Arbuckle Fellow.

Steven Cobb is a Partner at Pearl Energy Investments. Before joining the firm, he spent five years at Pioneer Natural Resources in roles including Operations Engineer, Reservoir Engineer, and Supervisor of Investor Relations. He earned a B.S. in Petroleum Engineering from the University of Oklahoma and an M.B.A. in finance from Southern Methodist University.

Stewart Coleman is a Partner at Pearl Energy Investments. He was previously a Vice President in the Opportunistic Investments Group at Crestline Investors, an alternative asset manager in Fort Worth, Texas, and earlier worked as an Associate at Kelso & Company in New York, where he evaluated investments in the upstream and midstream sectors. He started his career as an analyst in investment banking at Citigroup and holds a B.B.A. in Finance from the Business Honors Program at The University of Texas at Austin.

David Levinson is Managing Director and COO of Pearl Energy Investments, where he oversees legal, compliance, and operational matters, drawing on over 15 years of experience in deal structuring, negotiation, execution, finance, and legal operations. Before joining Pearl in 2015, he was Director of Business Development, Licensing, and Financial Analysis at biotechnology company GTx, Inc., and previously worked as a corporate attorney at Dechert, LLP on M&A, securities, and private equity transactions, as well as a financial analyst at American Airlines and Erwin L. Greenberg & Associates. He holds a B.A. from the University of Pennsylvania, a J.D. from the University of Chicago, and an M.B.A. from Duke University's Fuqua School of Business.

Deena Ridley is the Chief Financial Officer of Pearl Energy Investments, with over 20 years of experience in fund audit, accounting, and controller roles. She previously served as Area Controller of Investor Accounting at HBK Capital Management, as a Portfolio Controller at Akanthos Capital Management, and as an Audit Manager at Deloitte covering mutual funds, hedge funds, investment advisors, and broker-dealers. She earned a B.S.B.A. in Accounting and Finance from the University of Arizona and is an inactive Certified Public Accountant.

Frank Opolski is Vice President of Accounting at Pearl Energy Investments. He previously served as Vice President, Finance and Corporate Controller at Indigena Capital and worked as a Senior Associate in the asset management assurance group at PricewaterhouseCoopers in Dallas, focusing on audits of private equity funds. He holds a B.B.A. in Accounting and a Master's in Professional Accounting from the University of Texas at Austin and is a Certified Public Accountant.

Mathias Kibikas is a Vice President at Pearl Energy Investments, having first joined as an Associate from 2018 to 2020 before returning in 2025. In between, he earned an M.B.A. and worked as a Vice President at Ridgepeak Partners, an Austin-based private equity firm focused on software and tech-enabled services, and he started his career as an Analyst in Goldman, Sachs & Co.'s Global Natural Resources Investment Banking Group in Houston. He holds a B.B.A. in Finance from the Business Honors Program at The University of Texas at Austin and an M.B.A. from the Wharton School of the University of Pennsylvania.

Rachel Farrall is an Executive Assistant at Pearl Energy Investments, where she supports the partners and helps manage the day-to-day operations of the firm's Dallas office. Before joining Pearl, she worked for eight years as Office Manager at AVAD Energy Partners in Dallas. She holds an A.A.S. in Fashion Business Management from the Fashion Institute of Technology and previously studied Vocal Performance and Fashion Merchandising at Baylor University.

Sam Jackson is an Associate at Pearl Energy Investments. Before joining the firm, Jackson worked as an Analyst in Morgan Stanley's Global Energy Group in Houston. Jackson earned a B.B.A. in Finance and a B.B.A. in Energy Management from the University of Oklahoma.

Thomas Bockholt is an Associate at Pearl Energy Investments. Before joining the firm, he worked as an Analyst in Morgan Stanley's Global Energy Group in Houston. He holds a B.A. in Economics from Rice University, where he was a member of the NCAA Division I Men's Golf Team.

Whitney Brown serves as an Executive Assistant at Pearl Energy Investments, handling day-to-day operations of the firm's Dallas office. She earned a B.S. in Nursing from Texas Christian University.