Macquarie Capital Strengthens Industry Coverage
New York, 29 May 2014
- David Banmiller joins the Oil and Gas team in Macquarie Capital’s Resources group
- Appointment further strengthens U.S. Oil and Gas platform
Macquarie Capital, the corporate advisory and capital markets arm of Macquarie Group (“Macquarie”) (ASX: MQG; ADR: MQBKY), today announced the appointment of David Banmiller as a Managing Director in its U.S. Oil and Gas group, focusing primarily on exploration and production (E&P) clients. He will report to Mit Mehta, who heads Macquarie Capital’s U.S. Oil and Gas team based in Houston, Texas. The team provides financial advisory services, capital markets and principal investments to a range of companies operating in the oil and gas, energy and related services sectors.
Mr. Banmiller brings more than 17 years’ experience in the financial services industry and has worked on a significant number of domestic and international energy transactions with corporate clients, private companies and portfolio companies of financial sponsors within the oil and gas sector. He was most recently at KeyBanc Capital Markets, where he served as a senior member of KeyBanc’s U.S. Energy Practice focused on the E&P sector. Prior to Keybanc, Mr. Banmiller spent a number of years in the Global Energy Group at Bank of America Merrill Lynch, where he focused on the Midstream, E&P and Oil Field Service (OFS) sectors.
“We are delighted to have David join the team as we continue to strengthen our industry coverage,” said Nick Butcher, Head of North American Infrastructure, U.S. Real Estate and U.S. Resources for Macquarie Capital. “His extensive transaction experience across a broad range of oil-and-gas and midstream clients, combined with his deep client relationships and product expertise, further strengthens our team’s ability to provide market insights, strategic advice and innovative solutions to clients.”
Mr. Banmiller received his MBA from Southern Methodist University and a BS in Accounting from Santa Clara University.
About Macquarie Group
Macquarie Group (Macquarie) is a global provider of banking, financial, advisory, investment and funds management services. Macquarie’s main business focus is making returns by providing a diversified range of services to clients. Macquarie acts on behalf of institutional, corporate and retail clients and counterparties around the world. Founded in 1969, Macquarie operates in more than 70 office locations in 28 countries. Macquarie employs approximately 13,900 people and has assets under management of over $396 billion (as of March 31, 2014).
Macquarie Capital provides advisory, capital raising and principal investing to corporate, financial sponsor and government clients involved in M&A, debt and equity fund raising, corporate restructuring, project finance and Public Private Partnerships. In the U.S., Macquarie Capital has continued to expand its client offerings, creating deep specialist sector expertise through targeted acquisitions and key hires, and building a comprehensive advisory and capital markets platform.
Macquarie’s global energy offering includes a significant platform of services in the United States, ranging from commodities solutions, M&A strategic advisory services, energy infrastructure investing and advisory, equity and debt capital markets execution, E&P A&D advisory service, principal investing, and sales, trading and research. Macquarie offers, through its Fixed Income, Currencies and Commodities group (“FICC”), physical and financial commodities solutions across global energy products (e.g. crude oil, natural gas, power, LNG, refined products, NGLs, coal, etc). Macquarie is the largest non-producing gas trader and fourth largest physical gas marketer in North America. Macquarie provides commodity linked finance capabilities that include supply and off-take agreements, pre-pays and commodity restructuring. Macquarie also offers, through its Metals and Energy Capital group (“MEC”), debt financing, project finance, public and private capital, convertible debt and other capital for upstream oil and gas producers.
The Houston office is Macquarie’s third largest office in the U.S. with over 390 people across Macquarie Capital, Fixed Income, Currencies & Commodities (FICC), Macquarie Securities and support areas.