Senior Management


TERY LARREW, Founder & Managing Partner

Tery Larrew is the Founder and Managing Partner of Caddis Capital Investments LLC and its predecessor, Caddis Capital LLC.  CCI’s charter is to provide private investors with exclusive access to unique, high-yield investments via long-term relationships with the company founders.  As a pioneer in the management of income producing assets, Tery began his finance career in 1978 with the launch of his investment company based in Colorado.  Since that time, Tery has garnered a reputation as the leading opportunistic investor in the region with investments spanning several industries including: Oil & Gas; Technology; Gaming ; Real Estate(Commercial, Residential & Mixed-Use); Ranching and Grass Finished Meats; and Restaurants and Wine Bars.

Prior to founding the Caddis family of companies, Larrew led a myriad of successful firms as CEO, Founder or Co-Founder including: Mid-Continent Computer Services; Pinnacle Management; Customer Insight Company; Update Systems; IQ3G and Vericept Corporation.  During this span, he excelled in leading each company to unprecedented revenue and profitability levels, resulting in desired events for each entity.

Tery is a Colorado native and a graduate of Colorado State University with a Bachelor of Science in business administration.  At CSU, Tery was a three-year varsity basketball player and he was honored as the Outstanding Defensive Player three times; All-Conference Player twice; Most Valuable Player and Academic All-American. In 1976, Larrew received the Merrill-Gheen Award which was presented to the most outstanding male athlete based upon his record in activities, athletics and academics. He was also awarded the Distinguished Alumni Award from the College of Business in 1981.

Larrew currently serves on the board of directors of multiple public and private companies including the Global Leadership Council at the Colorado State University College of Business. He is an avid sportsman and is married to Julie Larrew with six adult children.

stephanieSTEPHANIE SCHERPENSEEL, CPA, CGMA, Chief Financial Officer

Stephanie has been working closely with Caddis Capital since its formation in 2006. During this time Stephanie has contributed over 30 years’ experience and expertise in accounting, finance and management. In May of 2012, Caddis appointed her the Chief Financial Officer of the company. In this role Stephanie directs all accounting and financial operations of the business, in addition to Investor Relations and Facilities Management.

Stephanie was a key member of Woodward Clyde Consultants, a $320M environmental engineering firm where she served as the Accounting Manager. She lead all accounting functions including: company consolidations, financial reporting, operational accounting and treasury management functions during a significant growth phase culminating in the successful sale of the company to URS, a worldwide environmental engineering company listed on the NYSE. Prior to Woodward Clyde, Stephanie worked for various oil and gas firms including Apache Corporation and Western Energy Development.

Most recently, Stephanie was the founder of a successful accounting practice that provided financial management and operational accounting services. She focused on companies in private equity, energy and technology sectors. During this time, Stephanie also worked with two regional CPA firms providing auditing services for entrepreneurial firms and not-for-profit organizations.

Stephanie is a fellow member of the Colorado Society of CPAs (CSCPA) and the American Institute of CPAs (AICPA). She earned a Bachelor’s degree in Biology from Colorado State University and a Bachelor’s degree in Accounting from Regis University where she graduated Magna Cum Laude. Stephanie supports various not-for-profit organizations and served on the board of The Gathering Place. She is married to Chris and has two adult children.


Advisory Board

AhernKEVIN W. AHERN, CFA, Executive Advisor / Banking & Finance Sector

Kevin Ahern is the Executive Advisor for the Banking & Finance Sector of Caddis Capital Investments LLC.  Mr. Ahern is the Vice Chairman, President and Chief Executive Officer of CIC Bancshares, Inc. (“CIC”), a bank holding company.  Mr. Ahern is also the Chairman of Centennial Bank, a CIC wholly-owned subsidiary.

From 2005 to 2008, Mr. Ahern served as President and COO of Braddock Financial Corporation.  Braddock Financial is a money management and private equity investment firm.  Prior to Braddock Financial, he was an Executive Vice President and Managing Director with CoBiz Financial, a publicly traded diversified financial services company (Nasdaq: COBZ). During his five year tenure at CoBiz, he served as Treasurer of CoBiz Bank, NA and was responsible for the oversight of the bank’s asset/liability management process.  He was also responsible for the development and management of five non-banking financial services business units, including insurance brokerage, middle market investment banking, wealth and asset management, and trust and estate planning.  He also directed mergers and acquisitions activity for the company.

Mr. Ahern has over 20 years of experience in the investment management and private investment business and has worked as an analyst, trader, portfolio manager, and CIO working for Johnson and Higgins in New York, NY (1985-86), Aetna Investment Management in Hartford, Ct (1986-90), Mutual Asset Management Co., Omaha, NE, (1990), ING Investment Management in Denver, Co (1991-97), and Sterling Partners in Northbrook, IL. (1997-2000)  Mr. Ahern has been a director or advisory board member for nine privately-held financial services-related firms including companies in the asset management, investment banking, private equity, insurance, and banking markets.

Mr. Ahern is a former member of YPO-Rocky Mountain Chapter and is a current member of the World Presidents Organization (WPO).  He currently serves as the Chairman of the Dean’s Leadership Council at the Monfort College of Business (MCB) at the University of Northern Colorado and has been a visiting executive professor for the Finance department at MCB.    Mr. Ahern previously served as a board member for the UNC Foundation, Inc. and was a member of the investment committee from 1994 to 2012.  Mr. Ahern also serves as a member of the investment committee of the Malcolm Baldridge National Quality Award Foundation.  Mr. Ahern is also a member of the Advisory Board for Caddis Capital, LLC.

A Chartered Financial Analyst, Mr. Ahern received an MBA with an emphasis in Finance from the University of Connecticut in 1991 and a BS in Business Administration from the University of Northern Colorado in 1985.  Mr. Ahern is a native of Colorado and lives in the Denver area with his wife and two children.



STUART ASSELIN, Executive Advisor / Oil and Gas Sector

Stuart Asselin is the Executive Advisor for the Oil and Gas Sector of Caddis Capital Investments LLC.  Stuart is a thirty-one year veteran of the oil and gas industry, with skills in executive management, project management, engineering, operations, construction management, and business development in the oil and gas pipeline, gas processing, and midstream sectors.

Asselin recently served as Executive Vice President of Engineering and Operations for a midstream company with assets in the Niobrara and Bakken, where he managed $30MM of pipeline, compression, and gas processing projects.  He currently is an owner of a right-of-way and permitting company focusing on pipeline projects throughout the United States.

From 1993 to 2007, Asselin was an owner/partner, project manager, and area manager of Trigon EPC, a 350-man pipeline and facilities engineering and field services firm headquartered in Denver.  Asselin also served as construction manager for Trigon’s projects in Algeria.  CH2M HILL, a 30,000 employee international engineering firm, acquired Trigon EPC in late 2007.  Asselin then served as a Vice President and Officer of CH2M HILL through 2010, where he led engineering business development and sales in oil/gas midstream markets, then the western United States for oil/gas, mining, and chemicals divisions, and built the Shale Energy Services group for CH2M HILL.

Prior to his work with Trigon EPC, Asselin worked for Public Service Company of New Mexico as Manager of Engineering and Plant Services at PNM’s 1,700 MW coal-fired San Juan Generating Station. He also served as Manager of Engineering and Construction for the Gas Company of New Mexico’s gas gathering and pipeline assets.

Stuart is a registered professional engineer, with a degree in Civil Engineering from New Mexico State University.  He has served on the Colorado Oil and Gas Association Board of Directors, and currently serves as a Board member of the Interstate Natural Gas Association of America Foundation.  Stuart served the Denver Museum of Nature and Science for eight years as the Chairman of the Corporate Membership Committee.

Stuart is married to Rosann, with two grown daughters and three grandchildren, and is an avid scuba diver and underwater photographer, traveling the world with Rosann diving several times a year.  Stuart also enjoys mountain biking, motorcycling, camping and hiking in the mountains of Colorado and the West.

ian-dickinson-head-shot-webIAN DICKINSON

Ian has over 18 years of executive management experience, including finance, operations, business development, corporate strategy and M&A, in both Fortune 500 public companies and privately held firms across a variety of industries.

Ian served as President and CEO, Premier Oilfield Equipment Co. Under Ian’s steady leadership the company grew revenues 500% over a 4 year period, and EBITDA from net losses to industry leading profits over the same period. With Ian’s guidance and direction the team evaluated, reshaped and strengthened all aspects of the business, delivering profitable revenue growth, resiliency, and significant shareholder value.

Prior to that, Ian served as SVP of Finance at Startek, Inc. (SRT), a global contact center outsource service provider, and Managing Director (GM) at Slalom Consulting leading the CFO Advisory Services practice. His previous experience includes CFO and corporate development roles at several PE and VC backed companies. Ian began his career in various and expanding leadership roles in finance and M&A at Qwest Communications (acquired by CenturyLink), Nextel (acquired by Sprint) and ADT Security Services.

Ian graduated with honors from Fort Lewis College in Durango, and was a two time Academic All-American in soccer and was the first player inducted into the Athletic Hall of Fame. He is a member of Young President Organization (YPO) – Colorado Chapter, and currently serves on the Board of Directors for Fox Management LLC, and the ACE Scholarships Advisory Board. Ian is a Colorado native and spends his time away from work having fun outdoors with his wife and three kids.