Cowen and Intrepid Partners Expand Strategic Alliance With Dedicated Energy Innovation and Transition Partnership
December 02 2020 - 8:00AM
Cowen and Company, LLC, the investment banking division of Cowen
Inc. (NASDAQ:COWN) (collectively, “Cowen”), and Intrepid Partners,
LLC (“Intrepid”), the advisory business of the energy-focused
merchant bank Intrepid Financial Partners, LLC, today announced the
launch of a new joint advisory effort focused on Energy Innovation
and Transition. Cowen and Intrepid will provide expert advice to
both existing and new clients focused on the global transition to
new energy sources.
The new effort expands the strategic alliance formed by the two
firms in 2018, which created a center of excellence in energy
capital markets. Cowen’s pioneering research, trading and advisory
practices focused on disruption and sustainability along with
Intrepid’s role as the leading independent advisor to the energy
sector form the backbone of this initiative.
“We are excited to expand our alliance with Intrepid to help our
shared clients navigate the opportunities and risks ahead. The
world’s transition to new, more sustainable energy sources and
technologies provides many paths for innovation, capital investment
and consolidation,” said Larry Wieseneck, Co-President of Cowen and
Company, LLC. “Cowen has developed a respected voice in
sustainability, through our industry-leading ESG research, capital
raising, active investments and advisory work in the sector.
Working closely with Intrepid, we look forward to expanding our
support for current and future clients in the energy sector as they
invest in this key secular shift in the global economic
system.”
Skip McGee, co-founder and CEO of Intrepid, added, “In
partnership with Cowen, we look forward to continuing to expand our
business and build on our reputation as the leading independent
energy advisor in North America. As our energy clients spend more
time on energy transition, we are prepared to support them with our
industry and advisory expertise. We are committed to continuing to
serve the traditional energy sector, which will continue to play an
important role in our global economy for generations to come.
However, it is clear that the definition of energy will continue to
expand. We look forward to helping our clients be part of that
growth opportunity.”
Cowen and Intrepid’s Energy Innovation and Transition team will
be co-led by Parker Weil, Vice-Chair and Head of Strategic Capital,
from Cowen, and R. Adam Miller, a Managing Director, from Intrepid,
along with a full team of dedicated research analysts and
investment bankers from both firms.
About Cowen Inc.
Cowen Inc. (“Cowen” or the “Company”) is a diversified financial
services firm offering investment banking services, equity and
credit research, sales and trading, prime brokerage, global
clearing, commission management services and actively managed
alternative investment products. Cowen focuses on delivering
value-added capabilities to our clients in order to help them
outperform. Founded in 1918, the Company is headquartered in New
York and has offices worldwide. Learn more at Cowen.com.
© 2020 Cowen and Company, LLC. All rights reserved. Member NYSE,
FINRA and SIPC.
About Intrepid Financial
Partners
Intrepid Financial Partners is a merchant bank with advisory and
investing platforms. It works with companies and investors in the
energy sector to provide merger & acquisition, restructuring
and capital markets services and makes principal equity and debt
investments. The firm leverages the deep industry knowledge,
relationships and capital-raising expertise of its principals on
behalf of its clients and investors. Since its founding 2015,
Intrepid has advised on over $100 billion of advisory transactions.
Intrepid invests its own capital alongside its clients.
Intrepid has offices in Houston and New York. For more
information on Intrepid, please visit www.intrepidfp.com.
Media Contact –
Cowen:Gagnier CommunicationsDan Gagnier /
Jeffrey Mathews646-569-5897dg@gagnierfc.com
Media Contact – Intrepid:Vivian Frisbie
713-292-1863news@intrepidfp.com
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