Investing in energy and infrastructure solutions that power our world.
At Intrepid Investment Management, we invest across the entire energy value chain through our private equity, infrastructure, and venture capital strategies – capital for the critical assets, technologies, and solutions that support our energy economy.
Current Strategies
The energy industry is dynamic and constantly evolving – it requires industry experts for success.
We invest across the full energy value chain through our venture capital, private equity and energy infrastructure strategies. We partner with best-in-class management teams and operators to build successful businesses that create value for the energy industry and our investors.
Private equity
Investing in middle-market energy businesses across midstream, upstream, downstream and energy services, with capital and strategic support to accelerate growth and build long-term value.
Infrastructure
Investing in critical value-add infrastructure businesses supporting the energy and power industries, with capital and operational support to enhance assets and drive durable value creation.
Venture capital
Seed to Series B investments in technologies disrupting the energy and power industries.
Select Portfolio
Hyperlocal air quality and greenhouse gas measurement and analysis.
Demand response platform for back-up generators.
Real-time asset monitoring and analytics.
Revolutionary zero liquid discharge wastewater treatment company.
Independent contract compression provider.
AI-backed critical minerals exploration and development platform.
Leading laser-based methane detection devices.
Storage facility in a critical mid-western market.
Independent gathering and processing system in the Midland Basin.
Manufacturer of the world's only autonomous underwater and surface vehicle (AUSV).
Critical refined products storage infrastructure located in the Port of Long Beach.
Satellite-based hyperspectral sensors for emissions and asset monitoring.
Advanced optical coatings for a wide range of energy and industrial needs.
South Texas-focused exploration & production company focused on dry-gas.
Gulf-coast midstream company offering oil, gas and petrochemical logistics and storage solutions.
Independent oil & gas company focused on the acquisition, development and exploration of oil & gas.
Our Team
Reed Andersen is an Associate at Intrepid Investment Management (“Intrepid”), where he is a member of the firm’s investment team.
Previously, Reed was an Associate at Intrepid Financial Partners (“IFP”), Intrepid’s predecessor company, where he began his career as an Analyst focused on investment banking. During his tenure at IFP, he advised clients on a range of strategic and financing transactions across the energy sector.
Reed holds a B.B.A. in Finance from the McCombs School of Business at The University of Texas at Austin.
Neil Chen is Managing Partner and President of Intrepid Investment Management (“Intrepid”), where he has primary responsibility for the firm’s overall management and strategic direction. He is also a senior member of Intrepid’s investment team, sourcing, evaluating, executing, and managing investments across the firm’s Private Equity, Infrastructure, and Venture Capital strategies. Neil serves on Intrepid’s investment committees and on the boards of directors of numerous energy companies.
Previously, Neil was a co-founder of Intrepid Financial Partners (“IFP”), Intrepid’s predecessor, and served as Managing Director until its sale in 2026. As a member of IFP’s management committee, he played a central role in building and overseeing the firm’s Investment Banking and Investment Management businesses. He was a senior leader across IFP’s Private Equity, Infrastructure, and Venture Capital strategies and advised on approximately $40 billion of the firm’s early investment banking transactions. He also served on IFP’s investment and fairness opinion committees.
Earlier in his career, Neil held senior positions at Lehman Brothers and Barclays, where he spent the majority of his tenure as an investment banker in the Mergers & Acquisitions group, advising clients on a range of strategic and financing transactions. He later served on Barclays’ executive management team and Americas Management Committee and as Chief of Staff to the CEO of Barclays Americas. In this capacity, he worked across the region’s Investment Banking, Corporate Banking, Credit Card, and Wealth & Investment Management businesses, with responsibilities spanning strategy, corporate development, investments, client development, and strategic partnerships.
Neil holds a B.A. with honors from Princeton University.
Michael France is Managing Partner and Chief Investment Officer of Intrepid Investment Management (“Intrepid”), where he has primary responsibility for the firm’s investment activities across its Private Equity, Infrastructure, and Venture Capital strategies. Mike serves on the firm’s investment committees and the boards of directors of numerous energy companies.
Previously, Mike served as Head of Investment Management at Intrepid Financial Partners (“IFP”), Intrepid’s predecessor company. In that role, he led the firm’s investment management activities and was involved in investments across its Private Equity, Infrastructure, and Venture Capital strategies.
Prior to joining IFP, Mike was a Managing Director at First Reserve, an energy-focused private equity firm, where he focused on the origination, execution, and monetization of portfolio investments across the Midstream and Upstream sectors. He served on the boards of directors of numerous energy companies and was a member of First Reserve’s senior leadership team, Investment Committee, and Compensation and Promotion Committee. Prior to joining First Reserve in 2007, Mike held various roles at Lehman Brothers and Deloitte & Touche.
Mike holds a B.B.A. from the University of Texas and an M.B.A. from the Jones Graduate School of Management at Rice University.
Harrison Jones is an Analyst at Intrepid Investment Management (“Intrepid”), where he is a member of the firm’s investment team.
Previously, Harrison was an Analyst at Intrepid Financial Partners (“IFP”), Intrepid’s predecessor company, where he focused on investment banking and advised clients on a range of strategic and financing transactions across the energy sector.
Harrison holds a B.B.A. in Finance from the McCombs School of Business at The University of Texas at Austin.
Kavi Katyal is Chief Financial Officer of Intrepid Investment Management (“Intrepid”), where he is responsible for the firm’s financial management and oversight. Kavi brings extensive experience across financial accounting, operations, and investor services.
Previously, Kavi served as Chief Financial Officer of Intrepid Financial Partners (“IFP”), Intrepid’s predecessor company. During his tenure at IFP, he was responsible for the firm’s financial management and worked across the organization’s investment banking and investment management businesses.
Prior to joining IFP, Kavi was a member of the Partnership Accounting team at The Carlyle Group, where he held a variety of roles spanning financial accounting, operations, and investor services.
Kavi is a Certified Public Accountant (CPA) and holds a B.S. in Accounting and a B.S. in Finance from Virginia Tech.
Skip McGee is Executive Chairman of Intrepid Investment Management (“Intrepid”), where he provides senior leadership and strategic guidance to the firm. In connection with the sale of Intrepid Financial Partners (“IFP”), Intrepid’s predecessor company, Skip also serves as Chairman of Global Oil & Gas at Houlihan Lokey.
Skip previously co-founded IFP in 2015 and served as Chief Executive Officer. Prior to founding IFP, Skip served as a member of Barclays’ Group Executive Committee and as CEO of Barclays Americas, where he was responsible for the region’s Investment Banking, Corporate Banking, Credit Card, and Wealth & Investment Management businesses. Previously, he held a number of senior leadership positions at Barclays, including CEO of Corporate and Investment Banking, Americas, and Chairman and Head of the Global Investment Banking Division. Skip joined Barclays in 2008 as part of the acquisition of Lehman Brothers’ North American franchise, where he played a key role in the transition of approximately 10,000 former Lehman employees to Barclays.
Earlier in his career, Skip spent the majority of his tenure at Lehman Brothers, where he served on the firm’s Executive Committee and, from 2002 to 2008, was Head of the Global Investment Banking Division. Prior to that, he led Lehman’s highly successful Global Natural Resources and Power franchises. Skip began his career at First Boston and Wasserstein Perella.
Over more than 30 years in investment banking and financial services, Skip has advised on numerous landmark strategic and financing transactions across the energy and broader corporate sectors. His transaction experience includes Energy Transfer’s proposed $38 billion acquisition of Williams, Kinder Morgan’s $21 billion acquisition of El Paso Energy, BHP Billiton’s $15 billion acquisition of Petrohawk, Verizon’s $135 billion acquisition of Vodafone’s remaining stake in Verizon Wireless, Exxon Mobil’s $41 billion acquisition of XTO Energy, Kerr-McGee’s $18 billion sale to Anadarko, Pfizer’s $68 billion acquisition of Wyeth, and the Williams Companies’ $3 billion financial restructuring.
Skip graduated summa cum laude from Princeton University with a degree in civil engineering and received a J.D. with honors from the University of Texas School of Law. He is a Lifetime Member of the Advisory Council of the McCombs School of Business at the University of Texas at Austin and serves on the Advisory Council of the Bendheim Center for Finance at Princeton University.
Thomas Rapisarda is a Principal at Intrepid Investment Management (“Intrepid”) and a senior member of the firm’s investment team. He focuses on sourcing, evaluating, executing and managing investments across the firm’s Private Equity, Infrastructure and Venture Capital Strategies.
Previously, Tom served as a Senior Vice President at Intrepid Financial Partners (“IFP”), Intrepid’s predecessor company. During his tenure at IFP, he was involved in investment activities across the firm’s investment management strategies, drawing on his experience in both advisory and principal investing across the energy and infrastructure sectors.
Prior to joining IFP, Tom was an Analyst at Energy & Infrastructure Capital (“EIC”), a debt capital investment manager specializing in the global energy and infrastructure sectors. At EIC, he focused on structuring, negotiating, and executing investments across the debt capital structure in the domestic Oil & Gas, Power, and Infrastructure sectors. Earlier in his career, Tom was an Analyst in the Mergers & Acquisitions group at Nomura Securities and an Analyst at GE Capital Energy Financial Services, where he focused on direct equity investments across the Power and Midstream sectors.
Tom holds a B.A. in Economics from Amherst College.