Alvarez & Marsal (A&M) has appointed Patrick Hickey as a Managing Director in the firm’s Houston-based Energy group within its Corporate Performance Improvement (CPI) practice. Mr. Hickey’s appointment, combined with his 30-year energy and financial management track record, advances A&M’s commitment to develop solutions that address the market’s evolving needs.
Mr. Hickey specializes in energy and financial structuring for debt, equity and mezzanine financing within the oil and gas sectors. He has extensive experience originating, executing and managing complex transactions along with guiding upstream and midstream capital investments and has been involved with several restructurings.
Over the course of his career, Mr. Hickey has led or was directly involved in investments totaling over $7 billion, including energy investments spanning the Permian, Anadarko, Appalachia, Eagle Ford, and Utica basins as well as investments in the Gulf of Mexico and Canada. He also played a significant role in fundraising efforts, including marketing and due diligence meetings with potential investors for multiple sector opportunities.
Mr. Hickey has held numerous board appointments, including Harvest Oil & Gas, formerly EV Energy Partners, LP (2018-2020); Elba Liquefaction Company, LLC, Kinder Morgan’s Elba Island LNG facility (2016-2020); Rosehill Resources (2017-2020); and Jonah Energy (2014-2020).
Lee Maginniss, a Managing Director with Alvarez & Marsal Corporate Performance Improvement and the group’s National Leader for its Energy practice, said, “Patrick’s deep experience across Energy industry sectors will enhance our ability to help clients adapt to significant disruptions underway. His experience as an energy industry operator, investor, board member and advisor is a great asset that will help us bring unique perspectives to our clients. His approach aligns with our leadership, action, results mindset for maximizing value for our clients.”
Prior to joining A&M, Mr. Hickey served as a senior advisor to Post Oak Energy Capital. He has also served as a Managing Director and a senior member of the EIG Global Energy Partner’s Houston-based oil and gas investment team. Additionally, Mr. Hickey has worked originating and executing mezzanine financings for oil and gas producers while with Duke Capital Partners and then with Wells Fargo Energy Capital. He has also served in various energy finance and marketing roles for Enron Corporation and worked for ARCO as a reservoir engineer.
Mr. Hickey earned a bachelor’s degree in petroleum engineering from the University of Texas and an MBA from Harvard Business School.