Alternative investment manager Aurora Investment Management has provided early-stage capital to investment funds managed by energy-focused long/short equity fund manager Brenham Capital Management.
Brenham Capital Management was founded by John Labanowski in January 2012.
Before launching Brenham, Labanowski spent five years at Walker Smith Capital, most recently as head of energy investments. Prior to that he was an investment banker at Goldman Sachs in the natural resources group and at Deutsche Bank in the energy group.
Brenham employs an opportunistic, fundamental approach to the publicly-traded energy sector, with the objective of delivering superior absolute returns to investors while minimising the risk of permanent loss. Brenham searches for situations in which its view of a company differs materially from the consensus view and in which upcoming catalysts have the potential to validate Brenham’s investment thesis.
Labanowski says: “With the emergence of new drilling technologies combined with shifting global demand, the energy industry is undergoing change that we believe will create opportunities for those employing a long and short approach.”
Aurora president and portfolio manager Scott Schweighauser says: “Brenham’s focused approach in the energy space, especially in E&P companies, presents a unique opportunity for our clients to benefit from Brenham’s investment acumen. We feel that our relationship will catalyse a positive inflection point in their business.”