Lee P. Moncrief, chief executive of Houston-based Moncrief Willingham Energy Advisers LP, and investment manager of HedgeEnergy, died on July 27 from cancer. He was 57. Moncrief was born in Colorado City, Texas, on July 21, 1951, to Rosemary Drennan and George Price Moncrief, who was a petroleum engineer for Sun Oil. He graduated from McAllen High School in 1969 and earned a business degree from the University of Texas at Austin in 1974. He lived in Houston and had a career in finance, investment banking and asset management that lasted 33 years. Moncrief founded Moncrief Willingham to manage energy industry financial assets in 1999 with B.J. Willingham, who is now chief information officer. Moncrief and Willingham created HedgeEnergy in November 2003 to provide investors with a small-cap E&Pfocused product to take advantage of the energy super-cycle. Moncrief married his wife Nancy Eversole in 1976, having four sons: Lee Jr., Logan, Matthew Moncrief and Andrew. When not working, Moncrief enjoyed sailing in the Caribbean, Florida, the Bahamas, New England and Galveston Bay aboard his boat Regency. He was named an admiral in the Texas Navy and earned his 100-ton captain’s license. He was also an avid golfer and enjoyed fishing, rafting, camping, hiking and both domestic and international travel. He was involved in the Boy Scouts, where he served as scout master and committee chairman of Troop 55 at St. John the Divine Church for six years. He also served on the board of the Sam Houston Area Council of the Boy Scouts of America. Moncrief was a supporter at his and his sons’ alma maters: The University of Texas, Washington & Lee University, and the University of Virginia. He was an active alumnus as a life member of the Texas Exes, member of the executive committee of the Chancellor’s Council of the University of Texas, The Longfellow Society, and The Hermes Society of The McCombs School of Business. He was an IPAA member for 20 years. In addition, he was a member of The Roaring Fork Club, The UT Golf Club, Lakewood Yacht Club, and the Houston City Club. He is survived by his wife, four sons, sister and other family members.