Jeff McDermott Joins Energy Impact Partners as Head of Strategic Finance
09 July 2024 - 1:00PM
Business Wire
Former Global Co-Head of Nomura Investment Banking and Founder
of Greentech Capital Advisors will provide strategic finance advice
and insights to EIP and its portfolio
Energy Impact Partners (“EIP”), a global technology investor
specialized in the energy transition, today announced that Jeff
McDermott has joined its leadership team as Partner and Head of
Strategic Finance.
McDermott will help EIP and its portfolio of more than 100
companies with advice on financial strategy and operations,
leveraging his extensive experience in investment banking to drive
financial growth and capital efficiency.
"We are thrilled to welcome Jeff to our team. As the energy
transition and demand for clean energy is picking up pace, the need
for capital and collaboration only increases. Jeff’s vast
experience and strategic insight will be invaluable for us and our
portfolio on this journey," said Hans Kobler, Founder and Managing
Partner at EIP.
Prior to EIP, McDermott was Global Co-Head of Investment Banking
at Nomura Securities International, Inc., and Founder of Nomura
Greentech. He established Greentech in 2009 and developed it into
one of the leading investment banks specializing in the energy
transition. Greentech focused exclusively on strategic M&A and
capital raising for companies focused on the megatrends of
decarbonization, digitization and resource efficiency, and was
acquired by Nomura in 2020. Throughout his notable career,
McDermott held pivotal roles at UBS, Salomon Brothers / Citigroup,
and Drexel Burnham Lambert.
"EIP’s talent, culture, and business model have created a
leading investment manager in the energy transition,” said
McDermott. “I’m a strong believer in connecting innovators with
incumbents to drive the energy transition in a capital-efficient
and profitable manner. The collaboration between EIP’s portfolio
companies and strategic LP base is unique and a key element of
EIP’s competitive advantage. I look forward to bringing my 15 years
of energy transition M&A and capital raising experience and
deep relationship network to benefit EIP, its portfolio companies,
and LPs."
About Energy Impact Partners
Energy Impact Partners LP (EIP) is a global technology investor
custom-built for the energy transition. EIP brings together
entrepreneurs and some of the world's most forward-looking energy
and industrial companies to advance innovation and aims to reduce
emissions and provide competitive returns for its investors. With
over $4 billion in assets under management, EIP invests globally
across venture, growth and credit – and has a team of over 90
professionals based in its offices in New York, San Francisco,
Washington D.C., Atlanta, Palm Beach, London, Cologne, Oslo and
Singapore. For more information on EIP, please visit
www.energyimpactpartners.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240709095280/en/
Media Dhana Warnecke Energy Impact Partners 212.899.9712
press@energyimpactpartners.com