Key Takeaways
- • Cantor Fitzgerald Asset Management (CFAM) and Lincoln Energy Partners launched the Cantor Fitzgerald Energy Fund, a publicly registered, continuously offered interval fund available under tickers CNRAX, CNRCX, CNRGX, and CNRSX.
- • The Fund seeks to maximize risk-adjusted total return with an emphasis on current income by investing primarily in U.S. upstream oil and gas assets, with a focus on non-operated working interests.
- • As of October 26, 2026, the portfolio spans roughly 3,000 wells and more than 200 operators across key U.S. basins, with exposure to oil, natural gas, and natural gas liquids.
- • The Fund reorganized a private predecessor vehicle Lincoln had run since February 15, 2022 into the registered structure in October 2026 through a tax-free reorganization, which the companies describe as one of the first '40 Act funds offering direct investor access to this asset class.
- • Liquidity is limited to quarterly repurchase offers of no less than 5% of shares outstanding at NAV, and the Fund is newly formed with no operating history.
Summary
Cantor Fitzgerald Asset Management ("CFAM"), the asset management arm of Cantor Fitzgerald, L.P., and Lincoln Energy Partners, a Colorado-based oil and gas asset manager, announced the launch of the Cantor Fitzgerald Energy Fund. The vehicle is structured as a publicly registered, continuously offered closed-end interval fund registered under the Investment Company Act of 1940. According to the companies, the strategy is designed to let investors participate in U.S. energy production without the complexity of direct energy asset ownership.
The Fund seeks to maximize risk-adjusted total return with an emphasis on current income, primarily by investing in U.S. oil and gas interests, including non-operated working interests. As of October 26, 2026, the portfolio is diversified across approximately 3,000 wells and more than 200 operators in key U.S. basins, with exposure to oil, natural gas, and natural gas liquids. The strategy was previously run by Lincoln in a private predecessor vehicle that launched on February 15, 2022; that vehicle was merged into the Fund through a tax-free reorganization in October 2026.
The Fund is advised by Cantor Fitzgerald Energy Advisors, LLC, an SEC-registered investment adviser and joint venture combining Cantor's distribution network and portfolio management capabilities with Lincoln's energy investing and operating expertise. Offered features include daily NAV pricing, monthly distributions, quarterly liquidity through repurchase offers, and streamlined 1099 tax reporting. Bill Ferri, Global Head of Asset Management at Cantor Fitzgerald, said the partnership positions the Fund to help investors access the evolving energy landscape. Craig Brede, Managing Partner at Lincoln, said non-operated assets offer access to project-level cash flows in a critical segment of the energy market.
CFAM reported $32.2 billion in assets under management as of June 30, 2026, across roughly 70 strategies. Lincoln, founded in 2013, reported approximately $440 million in total assets under management across nine private vehicles as of the same date. The Fund is distributed by Ultimus Fund Distributors, LLC, which is not affiliated with Cantor Fitzgerald or Lincoln.
The release carries material risk disclosures. The Fund is newly formed with no operating history, shares are not exchange-listed, and liquidity is limited to periodic repurchase offers that may not allow investors to sell all shares they want. The Fund faces commodity price risk, reliance on third-party operators as a non-operated investor, valuation risk on illiquid assets, leverage and hedging risks, sector concentration, and regulatory and environmental exposure. Investors are directed to the prospectus at www.cantorenergyfund.com.
The Fund seeks to maximize risk-adjusted total return with an emphasis on current income, primarily by investing in U.S. oil and gas interests, including non-operated working interests. As of October 26, 2026, the portfolio is diversified across approximately 3,000 wells and more than 200 operators in key U.S. basins, with exposure to oil, natural gas, and natural gas liquids. The strategy was previously run by Lincoln in a private predecessor vehicle that launched on February 15, 2022; that vehicle was merged into the Fund through a tax-free reorganization in October 2026.
The Fund is advised by Cantor Fitzgerald Energy Advisors, LLC, an SEC-registered investment adviser and joint venture combining Cantor's distribution network and portfolio management capabilities with Lincoln's energy investing and operating expertise. Offered features include daily NAV pricing, monthly distributions, quarterly liquidity through repurchase offers, and streamlined 1099 tax reporting. Bill Ferri, Global Head of Asset Management at Cantor Fitzgerald, said the partnership positions the Fund to help investors access the evolving energy landscape. Craig Brede, Managing Partner at Lincoln, said non-operated assets offer access to project-level cash flows in a critical segment of the energy market.
CFAM reported $32.2 billion in assets under management as of June 30, 2026, across roughly 70 strategies. Lincoln, founded in 2013, reported approximately $440 million in total assets under management across nine private vehicles as of the same date. The Fund is distributed by Ultimus Fund Distributors, LLC, which is not affiliated with Cantor Fitzgerald or Lincoln.
The release carries material risk disclosures. The Fund is newly formed with no operating history, shares are not exchange-listed, and liquidity is limited to periodic repurchase offers that may not allow investors to sell all shares they want. The Fund faces commodity price risk, reliance on third-party operators as a non-operated investor, valuation risk on illiquid assets, leverage and hedging risks, sector concentration, and regulatory and environmental exposure. Investors are directed to the prospectus at www.cantorenergyfund.com.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.