Energy transition-focused investment firm Energy Impact Partners (EIP) announced today the appointment of Jeff McDermott to its leadership team as Partner and Head of Strategic Finance.

McDermott will advise EIP and its portfolio of companies on financial strategy and operations, leveraging his extensive experience in investment banking to drive financial growth and capital efficiency.

Hans Kobler, Founder and Managing Partner at EIP said:

“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.”

Prior to EIP, McDermott was Global Co-Head of Investment Banking at Nomura Securities International, Inc. In 2009, McDermott founded Greentech – now Nomura Greentech – and helped develop it into one of the leading investment banks specializing in the energy transition, focused exclusively on strategic M&A and capital raising for companies focused on decarbonization, digitization and resource efficiency. Greentech was acquired by Nomura in 2020. McDermott also held pivotal roles at UBS, Salomon Brothers / Citigroup, and Drexel Burnham Lambert.

McDermott said:

“EIP’s talent, culture, and business model have created a leading investment manager in the energy transition. 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.”