FI  Steelhead Capital Management

     Office Locations:

1751 River Run, Ste 400
Fort Worth, TX 76107



  • Early
  • Expansion
  • Growth
  • Seed



  • Consumer Products & Services
  • Energy & Clean Tech
  • Information Technology
  • Life Sciences & Healthcare



    Founded 2008, Steelhead Capital Management (SCM) is a Family Office based in Fort Worth, TX. Leslie W. Kreis, Jr. is the Managing Principal at Steelhead Capital Management, which manages a portfolio of small business investments and start-up ventures. Steelhead partners with management teams to build businesses through organic growth, strategic acquisitions, and operational improvements. SCM invests in early seed opportunities as well as later stage growth companies, with a primary focus on technology, energy, pharmaceuticals and consumer packaged goods. Mr. Kreis is also a founding member of Cowtown Angels, a Fort Worth-based angel investment network. Kreis is currently a managing partner of Bios Partners (see profile), a life sciences focused venture capital firm. Prior to this, Mr. Kreis was a Vice President at HBK Investments, a multi-strategy global hedge fund based in Dallas, TX. During his 11-year tenure with the firm, he managed a $3 billion global portfolio composed of stocks, bonds and derivatives products. Kreis' father was oilman Leslie W. Kreis, Sr,, who developed oilfield technologies: small, skid-mounted refineries to convert wellsite natural gas into methanol (Texas Methanol Corporation), the use of LIDAR (lasers) to detect oil and gas deposits (Laser Exploration, Inc), as well as downhole steam generation for tertiary recovery (K2 Technologies).

    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Growth Stage
    (also called Mid-stage)
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B

    Investment Team:

    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Leslie W. Kreis Founder
    Patrick Browning
    Steven Hood Associate


    Portfolio companies include:


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