Raymond James expanded its energy investment banking practice on July 8 with the hiring of veteran energy bankers Will Hodge and Jacob Call.

Hodge, who joins the firm from Barclays, will serve as managing director and co-head of E&P energy banking. Meanwhile, Call, who was previously with Riverstone Holdings, joins Raymond James’ energy investment banking practice as a vice president.

According to the firm’s release, Hodge has advised on over $90 billion of oil and gas industry transactions across a range of products including corporate mergers, acquisitions, divestitures, IPOs, inaugural bond issuances, private placements, acquisition financings and restructurings.

In a statement commenting on Hodge’s appointment, head of Raymond James’ energy investment banking practice Marshall Adkins said: “Will is a highly regarded professional in E&P energy banking with a strong reputation for helping clients achieve exceptional outcomes on their most important strategic initiatives and transactions.”

“The expansion of our E&P energy investment banking team marks a significant milestone for the energy practice, as we grow coverage in this sector to better serve clients as their businesses evolve in response to changing market conditions and prepare for a recovery growth cycle,” Adkins continued in the statement.

At Barclays, Hodge was a managing director focused on E&P client coverage. He also worked on a variety of midstream and oilfield service transactions during his tenure. Prior to Barclays, he served for eight years as a Navy SEAL officer with combat deployments to Afghanistan and Iraq.

Call joins Raymond James from the private equity firm Riverstone Holdings where he was a member of the deal execution team. Prior to joining Riverstone, he was at Citigroup Capital Markets in the energy investment banking group and the mergers & acquisitions team. Call is also a former Navy SEAL with combat experience in Iraq and Afghanistan, and a former BUD/S instructor.

The Raymond James Energy Investment Banking team provides M&A advisory, capital raising and restructuring services across the E&P, midstream and oilfield service verticals. Since 1994, the team has completed over 890 energy transactions for public companies, private companies, and leading private equity funds and their portfolio companies on a global basis, according to the firm’s release.

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