Deals

Jefferies Energy Team Thrives in Pipelines M&A Under New Leader

  • Pete Bowden has helped firm establish niche in ’midstream’
  • He became New York bank’s global head of energy last year

Blackstone Group LP headquarters stands in New York.

Photographer: Victor J. Blue/Bloomberg
Lock
This article is for subscribers only.

When Blackstone Group LP sought advice buying a Texas pipeline operator last year, it turned to Pete Bowden, Jefferies Financial Group Inc.’s global head of energy investment banking.

The alternative investing giant sat across the negotiating table from Bowden in 2017, when it purchased EagleClaw Midstream Ventures. Bowden brokered that $2 billion sale and Blackstone liked his work. So it tapped him to handle EagleClaw’s first bigBloomberg Terminal acquisition.