ENERGY INVESTORS FUNDS ADDS INVESTMENT PROFESSIONAL TO ITS MILL VALLEY, CA OFFICE

SAN FRANCISCO, CA  (August 20, 2007) Energy Investors Funds (“EIF”), an established private equity fund manager that invests in the U.S. energy and electric power sector, is pleased to announce the addition of Scott Parkes as Senior Associate in the Mill Valley office.  Mr. Parkes will work with both the investment and marketing teams at EIF.

Mr. Parkes joins EIF from ExxonMobil in Houston, TX where he spent three years working in a variety of roles, including corporate finance and investor relations.  Prior to joining ExxonMobil, Mr. Parkes had four years of energy/power investment banking experience at JPMorgan and McManus & Miles in New York, as well as serving as an MBA summer intern in Duke Energy’s M&A group. 

Mr. Parkes represents the third new hire by Energy Investors Funds following its recent successful closing of the firm’s seventh and largest institutional fund to date, the United States Power Fund III, L.P., with $1.35 billion in commitments.

“Over the past two decades, EIF’s cumulative success can be attributed to the tremendous effort and remarkable achievements of our EIF professionals,” said John Buehler, Managing Partner in EIF’s San Francisco office.  “We’re pleased to welcome Scott to the team.”

About Energy Investors Funds

Energy Investors Funds was founded in 1987 as the first private equity fund manager dedicated exclusively to the independent power and electric utility industry.  Its consistent, proven investment strategy is to create geographically and technologically diversified portfolios of electric power-related assets that provide superior risk-adjusted equity returns with current cash flow and capital appreciation.  As investment managers Energy Investors Funds seeks to mitigate commodity risk (fuel and electricity) by focusing primarily on acquiring power assets with long-term off-take contracts.  Energy Investors Funds has mobilized over $3.3 billion in capital, and currently manages six private equity funds from its offices in Boston, New York, and San Francisco.  These funds have made over 90 diversified investments with a combined underlying asset value exceeding $5 billion.  For more information visit www.eif.com

back to top