Rick Makin has joined Rivington Capital Advisors as an MD. Most recently, Makin was an MD at GE Capital Markets and before that he created the energy finance group at Merrill Lynch Capital, according to a statement. Rivington, with offices in Denver and Houston, is a small cap energy investment banking firm.
Rivington Capital Advisors, LLC, (referred to herein together with its affiliates as “Rivington”), a small cap energy investment banking firm, announced today that it has hired Rick Makin, a 25 year veteran in the energy capital markets space.
Rick comes to Rivington after three years as a Managing Director at GE Capital Markets, originating out of the $20 billion portfolio within Energy Financial Services. Prior to GE, Rick created the Energy Finance Group at Merrill Lynch Capital, having started that initiative in December 2006 with two other partners. At Merrill Lynch Rick was responsible for the syndication of all senior, secured and second lien transactions originated out of the Energy Finance Group. From 1998 – 2006, Rick was a Managing Director in the Leveraged Syndicated Capital Markets Group at Banc of America Securities (and predecessor banks), during which time, he and his team raised over $40 billion for upstream and midstream clients in North America primarily within the bank, institutional and second lien markets. Rick also held various New York based energy finance and syndications positions with ING Baring Furman Selz, BZW Capital, Barclays Bank, and Manufacturers Hanover Trust. Rick holds a BA in Economics from Middlebury College.
“After 25 years working for large financial institutions, I believe the market dynamics are right to switch to a more focused energy platform. Rivington has a ten year track record as a leading boutique investment bank focused on upstream equity and debt placement activities,” commented Makin. “I look forward to expanding Rivington’s coverage and distribution channels and working closely with industry contacts.”
Christopher R. Wagner, a founder and principal shareholder of Rivington, worked with Rick while both were employed at ING Baring Furman Selz in New York. “Rick’s involvement in our capital placement activities will broaden distribution channels to both traditional and non-traditional energy investors and lenders,” commented Wagner. “There are very few people in the leveraged finance industry with Rick’s track record, experience and contacts with both the issuer and buy side communities. We are delighted to have him working with us.”
Rivington Capital Advisors, LLC is an investment banking boutique specializing in private capital and mergers and acquisition transactions for the small and mid-cap energy sectors. Founded in 2002, Rivington has successfully closed in excess of 65 transactions having a total transaction value exceeding $4.0 billion.
CAUTIONARY STATEMENT – Certain statements in this news release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, particularly any express or implied statements concerning future financial condition or operating results. Although Rivington Capital Advisors, LLC believes that the expectations reflected herein are reasonable, the matters discussed in this release involve risks, uncertainties, and other factors that may delay, prevent or adversely affect the transaction or its planned activities and operations. There can be no assurance that such expectations will prove correct. All forward-looking statements are expressly qualified by this cautionary statement.