Blackhill Partners, a boutique investment banking firm specializing in restructurings, corporate divestitures and special situations, appointed restructuring industry veteran Steven Strom as Chief Executive Officer. Strom will serve as the lead member of the Firm's Management Committee. Strom joins the team at a pivotal time for the firm, bringing with him 30+ years of investment banking experience and an impressive track record of solving problems in financially distressed and restructuring situations.

"Steve's excellent reputation in the marketplace and strong relationships in the industry are great assets to our firm," said Jeff Jones, Managing Director and President of Blackhill Partners. "His experience base of successfully leading and executing over 100 recapitalizations and restructurings will be extremely beneficial to our clients. Steve's addition demonstrates Blackhill's commitment to meeting the investment banking needs of corporations during all phases of growth and transition."

Prior to joining Blackhill, Strom was the Global Head of Restructuring and Recapitalization at Jefferies. Prior to Jefferies, Strom was a Managing Director in the Restructuring Group at CIBC World Markets and Chanin Capital Partners, and is also the founder of Odinbrook Global Advisors. He has additional previous experience as a distressed investor at Commodities Corporation and in the mergers and acquisitions group at Chemical Bank. Over the course of his career, Strom has advised companies, creditors, buyers and other stakeholders of assets in financial distress and Chapter 11 situations. He has testified as an expert on valuation matters, asset sales, feasibility, projections and other plan issues in numerous cases. In addition to leading Blackhill's growth plans, Strom will continue to work with clients in an effort to negotiate and develop restructuring strategies to achieve resolution both in and out-of-court.

Strom earned an MBA with a concentration in Finance from the University of Michigan, and received a BS in Finance from Arizona State University. He has been recognized by The Deal as one of the most active restructuring advisors, and his clients' transactions have won awards including European Restructuring Deal of the Year.

Headquartered in Dallas, Texas, Blackhill Partners, LLC is a leading advisor to companies and their stakeholders in restructurings and bankruptcies around the world. With expertise in highly complex capital structure challenges, the firm's services include debtor advisory, creditor advisory, distressed mergers and acquisitions, distressed financing and debt modifications, interim management services and expert witness testimony. Blackhill's professionals have advised clients on over $250 billion of mergers, acquisitions, financings and restructurings across a broad range of industries, with particular depth in energy and industrial businesses. Blackhill's unique model emphasizes senior professional involvement in every aspect of an engagement, bringing our considerable experience to bear for our clients' most challenging situations.