EIG Global Energy Partners (EIG) last week announced that Ronnie Hawkins will join the firm as a Managing Director, effective January 6, 2014. As a senior member of EIG's investment team, Hawkins will lead the firm's efforts to identify, execute and manage energy investments outside the United States.
Hawkins joins EIG from General Electric (GE) where he served as Executive Vice President and led GE Energy's Global Business Development activities since 2009. Under Hawkins' leadership, GE executed over $13 billion in acquisitions, joint ventures, start-up investments and divestitures in upstream and midstream oil and gas, power and energy services around the world. He also chaired the GE Energy Investment Committee. Prior to joining GE, Hawkins was a senior member of the energy investment banking departments at Citigroup and Credit Suisse, completing acquisition and financing transactions in over 50 countries.
EIG CEO R. Blair Thomas, said:
"Ronnie brings a diverse and truly global perspective of our industry to EIG and we are fortunate to have him join our team. We believe we have the most global platform of any of the specialist investors in energy and that our geographic diversification brings substantial benefits to our investors. Adding someone of Ronnie's caliber to lead this effort further demonstrates our commitment to these markets."
Ronnie Hawkins said:
"I have known and respected EIG for years and the opportunity to contribute to the firm's strategic vision and growth is tremendously exciting. Energy is the single largest component of World GDP and it is the consummate global industry. EIG's commitment to pursuing a global investment program is a real comparative advantage and I look forward to leading that effort."
Hawkins will be based in the firm'sWashington, D.C. headquarters.
EIG specializes in private investments in energy and energy-related infrastructure on a global basis and, including capital commitments to EIG's recently closed Energy Fund XVI, has $16.1 billion under management as of December 1, 2013.