Ninth Wing Capital LLC has opened as a boutique investment bank and merchant bank focused primarily on the oil and gas sector with selected clients in the greater energy, technology, and real estate fields. The firm creates relationships between land, legal, and finance sectors in the energy industry, specifically complementing the existing upstream operations capability of Orange Energy Corp., and the legal services of the nationwide law firm Beckmen Law PC.
Co-founders Alex Chehansky, Scott Beckmen, and Jeffrey Crook lead a seasoned team of professionals to provide advisory services to clients seeking to raise capital for acquisitions, divestitures, and mergers, as well as to consult on growth debt and equity opportunities and challenges. Ninth Wing maintains offices in New York and Dallas.
Additionally, Ninth Wing manages a co-investment fund to help create opportunities for clients that fit their investors' return mandates. "Our renewal of the erstwhile merchant banking strategy helps our partners and clients align with our investors and provides immediate capabilities for growth," said Chehansky, president and co-founder, who most recently was managing director for oil and gas banking at CohnReznick Capital Markets. "The fund targets small investments in all sectors of the oil and gas industry, along with new ventures and technologies in areas such as real estate and technology."
"Forming Ninth Wing Capital provides a synergy between land, legal, and finance for our clients that will open the door for high-value growth opportunities, while keeping costs down," said Beckmen, managing director of legal and operations, co-founder, co-founder/Orange Energy and Founder/Beckmen Law. The firm has years of experience in the energy sector—providing land, title, contract, transaction, regulatory, and litigation services to major and independent companies throughout the US.
Orange Energy is a nationwide land services company founded by landmen and attorneys with on-the-ground experience in most US shale gas plays. Crook, managing director of energy development, co-founder and Orange co-founder CEO, said, "The field knowledge and experience of Orange Energy will provide clients of not only Ninth Wing, but of Orange as well, an advantage in the marketplace that will be unmatched in the industry. This is especially critical during the current downturn in commodity prices."