Private Equity

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Veriten

Veriten is a research, strategy and investing firm focused on the long-term challenges and opportunities in the energy sector. Its mission is to develop a...

Veriten logo

Veriten

Veriten is a research, strategy and investing firm focused on the long-term challenges and opportunities in the energy sector. Its mission is to develop a data-driven, economics-based, unbiased long-term global outlook for energy, power and technology. The firm partners with companies and organizations on energy, power and technology related strategies and invests capital into durable energy trends and needed energy related solutions.

General information

Firm type

Private Equity

Year founded

2022

Location

Region

North America

Country

United States

City

Houston

Corporate office

Houston, TX, United States

Principals

Maynard Holt

Founder and CEO

Arjun Murti

Partner (Energy Macro and Policy)

Jeff Tillery

Partner and COO

Todd Scruggs

Partner leading the NexTen fund

Dr. Robert Kester

Partner, Technology & Innovation

Mark Castiglione

Partner, Oil & Gas Strategy

Nick Morriss

Managing Director

Ellen Wilkirson

Managing Director

Sharmila Mulligan

Venture Partner

Karl Liapunov

Venture Partner

Brett Rampal

Nuclear and Power Director

Mike Bradley

Sector focus

Energy Transition & Renewables

Frequently asked questions

Is Veriten structured as a traditional private equity fund?

No. Veriten does not operate a blind-pool fund structure. The firm raises capital on a deal-by-deal basis, allowing its limited partner network — composed largely of energy industry insiders — to opt into individual transactions. This model gives investors granular control over exposure and aligns Veriten's incentives with the specific success of each portfolio company rather than a pooled return target.

Which sectors does Veriten explicitly avoid?

Veriten remains firmly within the energy and industrial technology envelope and does not invest in consumer technology, healthcare, or financial services. Within energy, the firm tends to avoid upstream exploration and production companies in favor of enabling technologies — such as methane monitoring, subsurface imaging, and grid optimization — and service models that improve the existing energy system's efficiency and environmental performance.

What is Veriten's relationship with Tudor, Pickering, Holt & Co.?

Founder Maynard Holt was previously the CEO of Tudor, Pickering, Holt & Co. (TPH), an energy-focused investment and merchant bank. In September 2023, Veriten and TPH announced a partnership to expand their combined energy intelligence and capital formation capabilities. While the two firms remain distinct legal entities, the partnership deepens shared industry relationships and enhances Veriten's sourcing and advisory capacity within the energy sector.

Profile maintained by 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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