Bentsen Falb, managing director of investment banking at Raymond James & Associates, is today’s featured Forty Under 40 honoree.
In an age where clean energy and ESG guidelines dominate industry conversations, Falb is proud to be at the head of the renewable energy movement at Raymond James. As a lover of the outdoors, he believes the only way to succeed in the future of energy is to take these regulations seriously.
“We need to take the lead on ESG in order to thrive in the future,” he said. “I am also proud of co-heading up our renewable energy efforts. Prior to 2020, we had little to no practice in the space. Since October 2020, we have served as an adviser to five SPACs, taken one SPAC public and participated on five equity offerings, including IPOs and follow-ons.”
Falb joined the Raymond James Energy group in 2011 as managing director and has since worked on a variety of M&A and capital markets transactions across the energy industry—particularly in the midstream and water space.
“I really enjoy consolidation opportunities, and the water space is prime for continued consolidation,” he said. “I would like to see several large water companies emerge over the next few years, which would lead to improved operations and LOEs [lease operating expenses] for the industry.”
Prior to his time at Raymond James, he was the capital budget coordinator for U.S. production at Exxon Mobil and an auditor at KPMG covering energy clients including Basic Energy, Hunt Oil, Clayton Williams and EXCO Resources.
Looking forward, Falb said he would like to build a steady stream of M&A advisory for the sustainability and renewable energy practice at Raymond James.
“On the renewable energy side, it is the Wild West,” he said. “I love waking up, learning something new and thinking about what is coming in the next 10 years.”
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