AEGIS Hedging Solutions Acquires Asset Risk Management’s Hedging Advisory Contracts
AEGIS Hedging Solutions (“AEGIS”), a leader in technology and expertise for commodity and environmental markets, announced that it has acquired both the U.S.-based and Canadian hedging advisory contracts of Asset Risk Management, LLC. Asset Risk Management, LLC (“Asset Risk Management”) continues to be an indirect, wholly-owned subsidiary of ARM Energy Holdings, LLC (“ARM Energy”).
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“Asset Risk Management brought advisor-assisted hedging to the energy markets and has been a trusted partner to many of the world’s leading energy producers”
Asset Risk Management’s hedging advisory sector, founded in 2004, was an early entrant into the commodity hedging market and has assisted hundreds of producers and end users in managing exposures to crude oil, natural gas, and natural gas liquids. Asset Risk Management was the precursor to ARM Energy, which has expanded into a consortium of businesses that continue to offer other O&G producer and end user- based services across the energy value chain including physical marketing, midstream infrastructure, and alternative energy investing throughout North America. These other services are not part of the sale of the hedging advisory contracts and will remain, and continue to expand, for years to come.
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“Asset Risk Management brought advisor-assisted hedging to the energy markets and has been a trusted partner to many of the world’s leading energy producers,” said Bryan Sansbury, Chairman and CEO of AEGIS. “We are excited to build on these established relationships through our full slate of capabilities.”
With the acquisition, AEGIS now works with nearly 500 companies that are exposed to volatility in the energy, refined products, metals, and agricultural markets. AEGIS combines modern technology and deep expertise to track commodity markets, design hedging strategies, execute hedging transactions, and manage hedge positions through settlement – all to protect customer cash flows.
Zach Lee, CEO of ARM Energy added, “We are incredibly proud of what our team has built with respect to the hedging advisory business over the past 20 years. The hedging advisory space was the genesis of the diversified business portfolio that ARM Energy holds today. Although ARM Energy has chosen to focus on the growth and proliferation of our other producer services segments and business sectors, we can confidently assure our valued ‘hedging advisory’ customer base that we have established over the past two decades that they will be in good hands with AEGIS. AEGIS’ exclusive focus on the hedging advisory space will ensure that our transitioned client base will continue to get the attention, efficient execution and expertise that they deserve.”
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