Kennicott Capital Management

Charles Davidson, the former CEO of Noble Energy, co-heads the office and is the key decision-maker. The firm is operated as a private family investment vehicle, with Davidson's direct involvement in allocation and investment decisions, a structure that reflects his shift from operating a public E&P company to stewarding a permanent-capital family office.

The family's wealth traces to Noble Energy, the Houston-based exploration and production company founded by Lloyd Davidson. Noble Energy was acquired by Chevron in an all-stock transaction that closed in October 2021, providing the family with significant, diversified liquidity. Charles Davidson served as CEO of Noble Energy prior to the sale.

The office operates as a single-family office with permanent capital, meaning it does not raise outside funds or face redemption pressure from external limited partners. This structure allows for concentrated, long-duration investments that do not need to conform to traditional fund cycles. The firm runs its portfolio through direct investments, co-investments, and public-market allocations.

While the office has not publicly detailed its co-investment policy, its structure as a permanent-capital family office with an experienced operator at the helm suggests it can selectively co-invest alongside venture and growth GPs, write larger direct checks, and provide patient follow-on capital when opportunities fit its underwriting criteria.

The office invests through a mix of direct deals in private technology and energy-transition companies, fund commitments to external managers, and public-market securities. This blended approach is typical for single-family offices with a broad mandate and a long-term, non-institutional capital base.