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US Investment Advisor Adds Energy Specialists To Funds Team

Tom Burroughes Editor London 2 February 2010

US Investment Advisor Adds Energy Specialists To Funds Team

Yorkville Advisors, the New Jersey-based investment manager to a family of funds, said yesterday it has appointed Lester Garrett as managing director and Jason Dawkins as senior vice president. They will be responsible for managing and growing Yorkville’s energy portfolio.

Both men join from BlueCreek Energy, a Denver company that was acquired by Yorkville in December 2009. They aim to expand Yorkville's energy portfolio through Standby Equity Distribution Agreements - a type of financing pioneered 8-years ago by Yorkville - equity investments, mezzanine debt, and acquisition opportunities.

“We look forward to partnering with strong management teams and companies to provide financing solutions, capital market expertise, strategic direction, and enhanced acquisition and exit opportunities,” said Mr Dawkins.

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