This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

James Schaefer To Join Blackstone Advisory Partners

Blackstone Advisory Partners (“BAP”), an affiliate of Blackstone (NYSE:BX), today announced that James (“Jim”) Schaefer has joined as a Senior Managing Director. He is based in New York and leads BAP’s Energy, Power and Renewables Advisory Practice. He brings to Blackstone extensive expertise in energy-related mergers, acquisitions and financing, developed over his more than 18 years in the financial services industry.

Mr. Schaefer most recently served as the Global Head of the Power and Renewable Energy Group at UBS. Mr. Schaefer’s strategic advisory experience includes advising OGE Corporation on its $11 billion joint venture with CenterPoint, advising Constellation Energy on its $4.5 billion nuclear business joint venture with EdF and its $1.1 billion acquisition of Boston Gen, advising US Bioenergy in its $2.9 billion merger with VeraSun, and advising Avista on its recently announced acquisition of Alaska Energy and Resources Company. He also led financings for Ameren, Exelon, Consolidated Edison, and Westar Energy, amongst others.

Previously, Mr. Schaefer worked in the power groups at Lehman Brothers, Salomon Brothers and Chase. He holds an M.B.A. from the University of Michigan and a B.A. from the University of Vermont.

John Studzinski, Global Head of Blackstone Advisory Partners, said, “We could not be more pleased to bring Jim’s formidable experience and reputation to Blackstone’s advisory practice as we further establish our team as an industry leader within the energy, power and renewables space. Jim’s talents, leadership and formidable CEO network will be critical to accelerating our success and raising the firm’s profile in this area. We anticipate adding further professionals to our energy and power team in the near term, as this is one of our core industry areas of excellence.”

Jim Schaefer added, “I am delighted to join Blackstone, a firm with an unrivaled track-record for offering objective and differentiated advice to its clients on their most complex strategic initiatives. I am pleased to join Blackstone’s exceptional advisory practice, and to help the group take advantage of the tremendous opportunity to grow its energy, power and renewables practice in the coming years.”

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,070.40 +46.34 0.26%
S&P 500 2,114.49 +6.20 0.29%
NASDAQ 5,016.9290 +11.5380 0.23%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs