Nxg Investment Management

Asset Manager SEC-registered adviser

Legal name: Cushing Asset Management, LP

Dallas, TX Website

AUM

$1.8B
Regulatory AUM

Private funds

1
Hedge Fund 1

Private fund assets

$29.1M
Gross asset value

Employees

10

Last Form D raise

Apr 2026
Most recent fund filing

From SEC Form ADV filing (filed Aug 6, 2026). View on SEC

People(3)

Owners and executive officers named on the firm's SEC Form ADV.

B
Blake Nelson
Managing Member, Nxg Cushing
Source: SEC Form ADV
J
John Musgrave
President and CEO (10/2023) Managing Partner (12/2022) and Co-Chief Investment Officer (09/2019)
Source: SEC Form ADV
T
Todd Sunderland
Managing Member, Nxg Cushing
Source: SEC Form ADV

Funds(1)

Private funds reported on Form ADV, with amounts raised from the funds' SEC Form D filings.

FundTypeGross assetsRaised (Form D)InvestorsLast Form DRecency
The Cushing Fund, LPHedge Fund$29.1M$254.5M169Apr 2026Warm

Board seats

Companies whose SEC Form D filings name one of this firm's people as a director, matched by name and office ZIP code.

No board seats matched from SEC filings yet.

Regulatory identifiers

CRD number
131517
SEC file number
801-63255
CIK
1329375

Sources