Energy and Infrastructure Capital LLC (EIC), an investment manager specializing in lending to companies in the global energy and infrastructure sectors, has hired P. Brent Grundberg to lead debt investments in the oil and gas sector.
Prior to joining EIC, Mr. Grundberg worked as a Vice President at UnionBanCal Equities – the merchant banking affiliate of Union Bank – where he held a leadership role in directing Union Bank’s junior capital activities in the energy sector. Previously, Mr. Grundberg was involved in energy investing at GE Energy Financial Services, where he worked with Jerry Polacek, EIC’s Chief Executive Officer.
Jerry Polacek stated:
I am excited to welcome Brent to the EIC team as the leader of our oil and gas lending platform. Brent brings a breadth of experience, along with a client focused perspective, that is well suited for delivering financings tailored to our client´s needs.
Mr. Grundberg has experience across the capital structure and energy value chain and will be focused on direct lending to clients in the upstream segment of the oil and gas sector.
Energy & Infrastructure Capital, an affiliate of Harbinger Group Inc., is building a premier debt capital investment manager specializing in the global energy and infrastructure sectors. The Firm brings together capital, domain expertise, and investment experience to structure customized financing solutions. EIC aligns itself with strong sponsors and proven developers to add significant value to their businesses by providing an attractive breadth of products and efficient execution even in complex situations.