AEGIS Energy Risk, the leading fintech and advisory solutions provider for energy derivatives, today announced a minority investment from Baird Capital to facilitate the expansion of AEGIS’ fintech capabilities through its FLOW platform.
“We are proud to partner with AEGIS and its experienced management team as we continue the expansion of FLOW into oil and gas producers and energy capital providers and investors,” said Benedict Rocchio, a Partner with Baird Capital and a new member of AEGIS’ Board of Directors. “We don’t often see a company impact a market the way AEGIS has in such a short period. We believe in the capabilities of the management team and its ability to holistically manage price risk.”
More than 150 oil and gas entities producing over 2,400,000 BOE/d of oil and gas utilize FLOW to manage their bilateral derivative portfolios. The platform provides valuations and visualizations, counterparty risk exposures, covenant compliance reporting, price curve access, proprietary industry benchmarks and research and numerous hedge management workflows.
Energy Risk Magazine recently named AEGIS Hedge Advisor or the Year for an unprecedented third consecutive year.
In addition to FLOW, AEGIS provides in depth market analytics, hedge strategy development, execution of bilateral derivative positions with over 40 counterparties and full back office hedge management services for its clients. Capital providers, including lenders and private equity sponsors, engage AEGIS to assess and manage commodity price risk and exposures to support credit and capital deployment decisions.
AEGIS takes a holistic approach to bilateral derivatives management, resulting in industry-leading growth with over 80 upstream oil and gas entities joining its platform since the beginning of 2018.
In conjunction with the Baird Capital partnership, AEGIS is realigning executive responsibilities to support continued growth. Additional detail on the realignment can be found here.
“Energy producers and capital providers count on us to support them as they deploy, grow and protect capital. We remain focused on bringing new capabilities to market and our partnership with the Baird Capital team will accelerate the expansion of our industry leading fintech platform and advisory solutions while enabling us to address new customer segments,” said Bryan Sansbury, AEGIS’ Chief Executive Officer.
About AEGIS Energy Risk
AEGIS Energy Risk is the leading fintech and advisory solutions provider for energy derivatives, having been recognized as the Hedge Advisor of the Year for the last 3 years by Energy Risk Magazine. AEGIS’ proprietary FLOW software and unmatched depth in the energy and trading markets combine to power energy producers, investors and lenders as they deploy, grow and protect capital. With over 150 oil and gas entities producing over 2.4 million BOE/d, the AEGIS platform provides unmatched scale and insight for each of its users. For more information, please visit AEGIS-Energy.com.
About Baird Capital
Baird Capital makes venture capital, growth equity and private equity investments in strategically targeted sectors around the world. Having invested in more than 300 companies over its history, Baird Capital partners with entrepreneurs and, leveraging its executive networks, strives to build exceptional companies. Baird Capital provides operational support to its portfolio companies through teams on the ground in the United States, Europe and Asia, a proactive portfolio operations team and a deep network of relationships, which together strive to deliver enhanced shareholder value. Baird Capital is the direct private investment arm of Robert W. Baird & Co. Incorporated. For more information, please visit BairdCapital.com.
