About Us

Our Approach

Comprehensive View of Energy

Why include the end user? In broad terms, our answer to this question lies in our holistic view of energy. Often, the notion of an energy investment fund focuses on only the supply side of the sector, particularly the upstream segment. Investing in such companies that, for instance, produce oil through fracking horizontal wells or provide rigs to a well pad are undoubtedly core to an energy fund. Similarly, pipeline operators and refiners are a natural fit when considering the constituents of an energy portfolio. Nevertheless, to gain a truly comprehensive view of energy, we believe one must also consider the impact energy has on companies that consume hydrocarbons. By doing so, investors can participate in both the cause and effect issues surrounding energy. In other words, what happens in the energy sector has the potential to impact many other industries. Our approach takes this impact into account by selectively investing across those industries, rather than focusing only on traditional “energy.”

TriLine Index Solutions was founded as a natural evolution of our holistic approach to energy investment, as well as a response to the historic meta-shifts currently occurring throughout the global energy landscape. The dynamics of the energy value chain are shifting in the U.S., requiring a redefinition of “energy investment,” and the value of an oil or gas ETF stock. The index solutions TriLine develops reflect the current reality of innovation in energy production and changing global demand themes, and are focused on differentiated energy indices for passively-managed products.

Our Team

  • Toby Loftin

    Managing Principal

Toby Loftin founded TriLine Index Solutions as an affiliate business to BP Capital Fund Advisors, LLC, which he formed in June 2013. Prior to forming these entities, Mr. Loftin worked alongside T. Boone Pickens at BP Capital LP in 2010 where he served as a member of the Investment Committee of its private hedge funds.

Before joining BP Capital, Mr. Loftin was a partner of SteelPath Fund Advisors and SteelPath Capital Management (formerly Alerian). He also served as Director of Institutional Equity Research Sales with Royal Bank of Canada Capital Markets, where he focused on the energy sector and the MLP asset class.

He earned a Bachelor of Science degree from the U.S. Air Force Academy and a Master of Science-Finance from University of Texas at San Antonio.

  • Patrick Hurley

    Principal, COO & CCO

Patrick Hurley co-founded TriLine Index Solutions as an affiliate business to BP Capital Fund Advisors, LLC which he joined in 2013. At BP Capital Fund Advisors, he serves as a member of the Investment Committee, Chief Compliance Officer and Chief Operations Officer.

Before joining the Advisor, Mr. Hurley was Co-Founder and President of Halo Technologies, a consumer products company, and Co-Founder and President of PrecisionLender, a banking software company. He also worked in the investment management group at Goldman Sachs, and prior to that practiced corporate and securities law at Strasburger & Price.

Mr. Hurley holds a B.B.A. in Finance, Summa Cum Laude, from Texas Christian University, and a J.D. from The University of Texas School of Law.

  • Jason Wallace, CFA

    Managing Director

Jason Wallace, CFA joined BP Capital Fund Advisors, LLC, an affiliate business of TriLine Index Solutions, in 2014 where he focuses on marketing, strategy and business development.


Mr. Wallace has over 14 years experience in institutional investment management, hedge fund and prop trading leadership, strategy, portfolio management, risk management, research and business development. Prior to joining the Advisor, Mr. Wallace held positions as Chief Strategy Officer and partner at global macro firm Contingent Macro Advisors, principal of an independent consultancy, risk and investment manager at a hedge fund of funds, and proprietary trader for 7 years.

Mr. Wallace graduated Cum Laude from Texas A&M University, and holds the CFA Charter, FRM designation, CAIA designation and several FINRA licenses.

  • Kyle Martin, CAIA

    Managing Director

Kyle Martin, CAIA joined BP Capital Fund Advisors, LLC, an affiliate business of TriLine Index Solutions, in September 2017 where he is focused on sales and business development in the Northeast and Southeast region of the U.S.

Prior to joining the Advisor, Mr. Martin was a Financial Advisor with Gerlach, Way, Scrath & Associates, and during his ten years in the industry has held various relationship management positions with WHV Investments, Oppenheimer-SteelPath, Westcore Funds and Janua Capital Group. Mr. Martin has worked primarily with registered investment advisors (RIAs) and with pensions, foundations, consultants and endowments institutional investors.

Mr. Martin has a Masters in Finance with a concentration in Investments from the University of Denver and a BS in Business Administration from Colorado State University with a concentration in Finance. He is also a Chartered Alternative Investment Analyst (CAIA) Charter Holder.

  • Jonathan Hughes

    Analyst

Jonathan Hughes joined BP Capital Fund Advisors, LLC, an affiliate business of TriLine Index Solutions, in May 2017 supporting the TwinLine® Fund’s trading operations and assisting the investment management team.

Prior to joining the Advisor, he was an Analyst in the Strategic Planning & Finance group at Energy Transfer (NYSE: ETE / ETP) where he worked on mergers and acquisitions, capital markets transactions and corporate planning for the group of partnerships.

Mr. Hughes holds a BBA in Finance from Southern Methodist University.

  • Lane French, CFA

    Analyst

Lane French, CFA joined BP Capital Fund Advisors, LLC, an affiliate business of TriLine Index Solutions, in October 2017 supporting the investment management team and trading operations.

Prior to joining the Advisor, he was an Equity Research Analyst with Robert W. Baird where he focused on the midstream sector.

Mr. French holds a BBA in Finance, a BBA in Entrepreneurial Management and a Certificate in Risk Management & Insurance from The University of Iowa.