Houston, Texas: Pickering Energy Partners (PEP) has taken a significant step in bolstering its investment banking practice by welcoming a team led by Managing Directors Robyn Underwood and Jason Kivett. These seasoned veterans, both formerly of Barclays, bring with them over a decade of collaborative experience in the energy sector. Their arrival marks a strategic move for PEP, further solidifying its presence in the energy investment banking landscape.
Robyn Underwood and Jason Kivett are not newcomers to the world of energy finance. Their combined expertise, honed over years of working together, encompasses a broad spectrum of knowledge within the sector. As part of the PEP Investment Banking practice, they will focus primarily on traditional oil and gas investments, offering tailored financial solutions to meet the unique needs of clients in this space.
What sets this expansion apart is not just the arrival of Underwood and Kivett but the entire team they bring along. Comprising several financial and technical professionals from Barclays and other prominent financial institutions, this new ensemble adds considerable depth to PEP’s capabilities. This team will seamlessly integrate with PEP’s existing Renewables and Energy Transition advisory team, fostering collaboration across various segments of the energy industry.
PEP’s decision to expand its investment banking team is a testament to its commitment to providing innovative financial solutions to clients within the energy sector. With the addition of Underwood, Kivett, and their accomplished team, PEP bolsters its already substantial experience pool. The firm boasts a platform with more than 500 years of collective industry and financial advisory experience, a considerable asset when navigating the complexities of energy finance.
The newly expanded team, collectively, has an impressive track record. They have advised on transactions exceeding $100 billion in value, spanning corporate mergers, acquisitions, divestitures, debt issuances, and equity financings. Notably, this includes leading more than twenty Initial Public Offerings (IPOs) and follow-on offerings. The team’s prowess in the energy sector has consistently ranked them among the top 10 energy deal makers, both globally and in North America.
For Pickering Energy Partners, this expansion signifies a pivotal moment. It not only augments the firm’s M&A advisory and capital raising capabilities but also underscores its commitment to providing comprehensive financial solutions to energy companies. The increased capacity will enable PEP to serve a broader range of clients, offering tailored strategies to address the specific challenges and opportunities within the dynamic energy landscape.
In addition to the infusion of talent led by Underwood and Kivett, PEP has further strengthened its investment banking platform by appointing Osmar Abib to the PEP Advisory Board. Abib’s appointment brings a wealth of market insights, grounded in his extensive experience as the former Global Head of Energy Investment Banking for Credit Suisse.
Abib’s illustrious career spans 26 years with Credit Suisse, culminating in his role as Chairman of the Global Energy Group, based in Houston and New York.
Dan Pickering, Chief Investment Officer at Pickering Energy Partners, underscored the firm’s steadfast commitment to the energy sector, noting, “Our clients rely on us for our unwavering dedication to the energy industry and our proficiency in successfully executing transactions. As the sector increasingly looks for inventive financial solutions, our team stands prepared to meet this growing demand.”
Walker Moody, the President of Pickering Energy Partners, emphasized the significance of experience and relationships within the energy finance sector. He stressed the importance of expertise and the strong connections that the new team members have established throughout their careers. Moody expressed gratitude for the team’s deep knowledge and understanding of the energy industry and its operators. He affirmed the company’s proactive approach in recruiting skilled and seasoned professionals to provide maximum benefits to their clients. With the addition of this accomplished team and the guidance of Osmar Abib, Pickering Energy Partners is well-prepared to navigate the complexities of the energy finance landscape, offering improved capabilities, and unwavering dedication to meeting the evolving needs of their clients.
