NCE Management

As managing partner of the NCE, Bedrock Group brings over a decade of EB-5 expertise, having raised and managed EB-5 capital across multiple asset classes. With deep roots in due diligence, capital formation, and compliance, the team has guided successful investments tied to $600M+ in real estate market value. AGA as a partner and co-manager of the NCE brings a strong background in compliance, due diligence and capital formation to complete the management team.

Bedrock and AGA’s track record is exemplary in the industry. What separates us from competitors is our personalized approach to the EB-5 investment process. All investors have direct access to Bedrock and AGA principals throughout their immigration process instead of investors being a number in a large firm.

President of Bedrock Group and experienced investment manager with 15 years of EB-5 experience focused on capital formation, USCIS documentation requirements, and industry best practices.

michael broadbent

Managing Partner

Former fund manager with 10+ years in sourcing and vetting high-impact real estate projects. Leading due diligence with sharp market analysis and a proven eye for profitable opportunities.

Ruth Chen

Partner

About Bedrock Group

Bedrock Group is a full-service EB-5 advisory and investment management firm with headquarters in Dallas, Texas. The firm has a 15-year track record of success in the EB-5 industry. Bedrock and AGA combined have raised and managed over $300M of EB-5 capital.

EB-5 Funds 

Raised

$300M

I-526 Petitions
Approved

100%

I-829 Petitions
Approved

100%

Capital
Repaid

$32M

Total Jobs 

Created 

11,692

Bedrock and AGA combined statistics.

  • 298-room full-service hotel
  • Government-backed municipal financing
  • EB-5 Loan: $15M
  • EB-5 Jobs Created: 1,006

hyatt regency

Frisco, TX

  • 494-unit multifamily with 8,057 SF retail
  • 706 parking spaces (underground + surface)
  • EB-5 Mezzanine Loan: $12M
  • EB-5 Jobs Created: 1,443 (600+ to date)

201 Lexington 

Glendale, CA

Project Sponsor

GrayStreet Partners is the project sponsor, a registered investment advisor (SEC/FINRA compliant), and a privately held investment firm with a track record of over 300 wells invested, owned or managed, and more than $1B in assets under management across energy, real estate, and alternative lending. With expertise spanning regulatory law, reservoir engineering, and oversight of wells operations, the GrayStreet’s energy management team is well positioned for operational precision and compliance.

Kevin Covey

Managing Partner

  • Founder and managing partner of GrayStreet Partners
  • Significant track record in alternative lending, large-scale real estate, and energy

Laura Pommer

Managing Director, Energy

  • Former CEO of EnergyFunders
  • Led 150,000+ acres and 180+ wells

Paul Covey

Managing Director, Energy

  • Founder and CEO GrayStreet Partners
  • Over 50 years of leadership in chemicals, media, and real estate across the U.S. and Latin America.

Virginia Urban Light

Managing Director, Energy

  • Reservoir engineer and attorney
  • Oversees regulatory, compliance, and engineering

Your Journey To Citizenship Begins Today

Ready to secure your family’s future? Contact our leadership team for a confidential consultation and let us guide you through this process.

Operator

In 2010 Paul Black and Roger Braugh partnered together, and by 2015 they had formed Paleo Oil Company. Today Paleo has grown organically through drilling and strategic acquisitions of distressed assets, operating over 400 wells and managing 200+ miles of regulated natural gas pipeline infrastructure across the state of Texas.

Co-founder, CEO, a 4th-generation Texan, he has built and led multiple energy ventures with operational experience in both upstream and midstream.

Roger S. Braugh

President and CEO

Petroleum engineer and co-founder with 30+ years in upstream oil & gas. Paul leads Paleo’s operations and currently oversees 4,000+ BOE/day production.

Paul Black

Co-Founder

Why Paleo

Paleo delivers 4,000+ BOE/day of production across Texas, backed by a leadership team with decades of upstream and midstream expertise. Co-founders Roger Braugh and Paul Black bring a combination of deep local roots and technical excellence, positioning Paleo as a trusted partner in large-scale energy development. With a heritage tied to Texas oil and gas operations since the 1950s, Paleo has earned a reputation for disciplined growth and reliable performance.

Why Paleo


  • 4,000+ BOE/day production consistently delivered across Texas.
  • Roger S. Braugh, 4th-generation Texan entrepreneur; Paul Black, petroleum engineer with 30+ years in upstream oil & gas.
  • Roots in Texas energy dating back to the 1950s.
  • Selected over larger competitors for proven discipline and results.
  • Success through both organic drilling and strategic distressed-asset acquisitions.

Your Journey To Citizenship Begins Today

Ready to secure your family’s future? Contact our leadership team for a confidential consultation and let us guide you through this process.

Partners

Bedrock Group has partnered with leading industry experts across multiple disciplines to ensure legal, financial, and administrative compliance with the rules and regulations of the EB-5 program.

Regional Center and Sponsor

Fund Administrator

Accountant and Loan Administration

Escrow Agent

Law Firm

Law Firm

Economist