Sponsor's Parent, The Marygold Companies, to be Taken Private by Madison Dearborn Partners

The Marygold Companies, Inc. (TMC), the ultimate parent of the fund's sponsor, United States Commodity Funds LLC (USCF), announced a definitive agreement to be acquired by private equity firm Madison Dearborn Partners (MDP) in an all-cash transaction. Upon completion, TMC will become a privately held company.

Key Details

• Transaction: TMC will be acquired by Madison Dearborn Partners and its stock will no longer be listed on the New York Stock Exchange.
• Timeline: The deal is expected to close in the first half of 2027, contingent upon TMC stockholder approval, regulatory approvals, and other customary conditions.
• Impact on Sponsor: This transaction represents a change in the ultimate ownership of the fund's sponsor, USCF. The new owners plan to execute a transformation strategy to refocus USCF's business post-closing.