Identifying value-creating change across energy, industrials, and materials

A research-driven approach focused on companies and sectors positioned to benefit from structural, cyclical, and transactional change across energy, industrials, and materials.

We seek to identify potential asymmetric risk-reward opportunities by combining rigorous private equity-style diligence with public markets agility

Identify Value-Creating Change

Continuous monitoring to surface potential catalysts such as M&A activity, spin-offs and asset sales, regulatory changes, structural industry shifts, cyclical peaks and troughs.

Private Equity-Style Diligence

Deep fundamental work including detailed projections, scenario analysis, and stakeholder conversations to understand upside and downside.

Conviction-Driven Positioning

Concentrated long book and selective short exposure, focused on situations where we believe change is mispriced or misunderstood.

Active Exposure Management

Dynamic net exposure and position sizing based on opportunity set.

Catalyst-Aligned Investing

Emphasis on clear catalysts, capital allocation discipline, and management incentives supporting value creation.

Continuous Process Refinement

Investment process enhancements developed over two decades across multiple market regimes and economic cycles.

Focused on the Real Economy

Energy

Power, Infrastructure & Transition

Companies across power generation, energy infrastructure, and services we believe are positioned to benefit from growing demand, reshoring, and energy transition investment.

Industrials

Enabling U.S. Reinvestment


Construction, aerospace & defense, machinery, capital goods, and transportation platforms aligned with domestic manufacturing and infrastructure build-outs.

Materials

Critical Inputs & Capacity


Metals, mining, chemicals, forest products, and packaging businesses where supply-demand dynamics and capital cycles drive potentially attractive entry points.

From Signal to Underwritten Position

Every investment follows a consistent framework to convert change-driven ideas into high-conviction positions with clearly defined catalysts.

Identify
opportunity

  • Company or sector major change
  • Early-stage trends
  • Market misperception

Validate
thesis

  • Build detailed projections
  • Conversations with stakeholders
  • Quantify downside

Execute
& monitor

  • Data tracking
  • News flow
  • Competitor disclosures

Experienced Investors With Aligned Capital

Senior professionals with public and private markets experience across complex, capital-intensive industries.

NK

Nick Khera

Founder & Portfolio Manager

Over 20 years experience in real economy businesses. Began career at Gleacher & Co. advising the Fortune 500 and top tier private equity firms. Top 1% Undergraduate The Wharton School, MBA Harvard Business School.

DS

David Sieber

Partner - Industrials & Materials

Previously at Renaissance Capital's IPO Group, covering pending public offerings across all sectors.

RT

Ryan Tassan

Senior Analyst - Energy & Industrials

Previously at Houlihan Lokey, working on M&A, spin-offs, debt raises, and restructurings.

Speak With Brightline Capital

To learn more about our strategy, sector focus, and investor eligibility, contact our team for additional information.