We began recruiting in energy in the mid-80’s, as the oil industry began using futures and options.
Our first client in this space was Phibro Energy, who had purchased Salomon Brothers, then started a separate company in Greenwich, CT, trading physical crude, refined products and then futures and options.
Its head was the legendary trader, Andy Hall.
We started with a search for a rocket scientist to evaluate options, then ended up searching for crude and products traders, as well as financial analysts. What a fabulous education and a way to break into the energy business.
After crude and products, we worked on natural gas trading for other companies as that industry began to trade paper and physical products.
Then, we moved to trading of power as the power business, largely dominated by electric utilities, started trading power.
Then, Enron came along and the energy business changed again. We recruited for Enron, then worked for the many spinoffs and startups created by ex-Enron employees.
Along the way, we recruited bankers for the banks that began to trade energy commodities.
In 2012, we worked on our first renewable energy search and shortly thereafter began to devote most of our time to renewables, principally solar. As the renewables and traditional energy businesses merge, we follow our client's business evolution.
A Favorite Theme
It’s our opinion that we’re going through the same industry changes in Renewables. For example, companies are now trading renewable power and renewable energy credits.
We hope that our historical perspective can be of value to candidates and clients.