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Alturus Partners
Alturus Partners was established in 2014 by Chad D. Hufsey and Jacob B. Jones. The firm manages wealth generated by A.V. Jones Jr. through oil and gas...
Alturus Partners
Alturus Partners was established in 2014 by Chad D. Hufsey and Jacob B. Jones. The firm manages wealth generated by A.V. Jones Jr. through oil and gas exploration and related energy investments. It operates alongside The Albany Group, the founding family office of the Jones and Tucker families. The firm executes buyouts, recapitalizations and growth equity investments. Asset classes include business services, distribution, energy services and specialty manufacturing. Confirmed positions include Dialexa, Baseline Energy Services, Timberline Gas and Encapture. Geographic activity centers on North America with additional exposure through energy partnerships. Portfolio companies have completed exits to IBM in 2022, ThompsonGas in 2021, SMA Technologies in 2024 and Pennybacker Capital in 2025. The team comprises the two co-founders plus operating partners and advisors. Chad D. Hufsey previously worked at Brazos Private Equity Partners, Quantum Energy Partners and Morgan Stanley. Jacob B. Jones previously worked at Quantum Energy Partners and Deutsche Bank. March 2025: Pennybacker Capital acquired Alturus portfolio company Baseline Energy Services. The firm also holds ranch and land assets plus oil and gas partnerships. Family office capital supplies structural flexibility on size, timing and security. Decision-making stays internal and nimble. The Jones family’s 50-year track record in energy investments shapes sourcing and governance without external fund commitments.
General information
Firm type
Single Family Office
Year founded
2014
Location
Region
North America
Country
United States
City
Dallas
Corporate office
Dallas, TX, United States
Principals
Chad D. Hufsey
Co-founder and President
Jacob B. Jones
Co-founder and Managing Director
Sector focus
Frequently asked questions
Who runs investment decisions at Alturus Partners?
Chad D. Hufsey as Co-founder and President and Jacob B. Jones as Co-founder and Managing Director oversee all investment, operational and fundraising activity. Both principals sit on portfolio company boards.
How does Alturus Partners source proprietary deal flow?
Sourcing draws on the principals’ prior roles at Quantum Energy Partners and Brazos Private Equity Partners plus relationships within the Jones family’s energy network.
Does Alturus Partners participate in fund commitments or only direct deals?
The firm makes direct investments and co-investments. It does not commit to external funds.
What investment stages does Alturus Partners typically target?
The firm targets buyouts, recapitalizations and growth equity in middle-market companies.
Where does the underlying wealth come from?
Wealth originates from A.V. Jones Jr.’s oil and gas exploration and related energy investments built over decades.
Does Alturus Partners maintain philanthropic structures, and how are they separated?
The firm supports University of Oklahoma initiatives. Philanthropic activity remains separate from investment operations.
What is Alturus Partners’ known posture on co-investments alongside external GPs?
The firm executes direct deals and has completed transactions with external buyers such as Thoma Bravo-backed SMA Technologies and Pennybacker Capital.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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