WASHINGTON, Dec. 5, 2013 /PRNewswire/ -- EIG Global Energy Partners (EIG) today 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.
"Ronnie brings a diverse and truly global perspective of our industry to EIG and we are fortunate to have him join our team," said EIG CEO R. Blair Thomas. "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."
"I have known and respected EIG for years and the opportunity to contribute to the firm's strategic vision and growth is tremendously exciting," said Hawkins. "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."
EIG has an established global platform that has been investing outside the U.S. since 1993 and currently has investment professionals domiciled in London, Sydney, Hong Kong, Rio de Janeiro and Seoul. Hawkins will be based in the firm's Washington, 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. During its 31-year history, EIG has invested over $15.7 billion in the sector through more than 290 projects or companies in 34 countries on six continents. EIG's clients include many of the leading pension plans, insurance companies, endowments, foundations and sovereign wealth funds in the U.S., Asia and Europe. EIG is headquartered in Washington, D.C. with offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong and Seoul. For more information, visit www.eigpartners.com.
SOURCE EIG Global Energy Partners