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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
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
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 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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