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.
Here’s a quicklist of oil and gas assets on the market including a Delaware Basin royalty package from Tumbler Energy Partners plus the associated mineral interests in the historic Hanging H Ranch located in Reeves and Loving counties, Texas.
Here’s a quicklist of oil and gas assets on the market including the sale of operated positions in the Permian and Illinois basins by Tamarack Petroleum plus Chevron’s Carter Knox Field asset located in Oklahoma’s Grady and Stephens counties
Blackbeard Operating LLC retained RedOaks Energy Advisors as its exclusive adviser in connection with the sale of its majority operated position in the Western Anadarko Basin of Oklahoma.