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Former Top Lehman Brothers Banker Skip McGee Sees Opportunity In Troubled Oil Patch

By Tony Seruga

Skip McGee, a top banker, is setting up shop in the distressed oil patch.

Hugh ‘Skip’ McGee, a former top Lehman Brothers investment banker who played a hand in some of the biggest oil and gas mergers over the past decade is forming a merchant banking firm to provide merger and restructuring advice and make equity and debt investments in the embattled energy sector. McGee’s firm, Intrepid Financial Partners, is just the latest example of a prominent financier seeing opportunity and gearing up to invest in the troubled oil patch.

Over a three decade investment banking career, McGee rose to become one of the industry’s energy advisors, playing a key role in the $45 billion leveraged buyout of TXU Energy and Kerr McGee’s $18 billion sale to Anadarko Petroleum as head of Lehman Brothers’ investment banking division. During a fifteen year tenure at Lehman, McGee built out the firm’s natural resources division, eventually turning it into one of the most powerful M&A teams onWall Street and helping the now defunct investment bank build a presence outside of bond trading…

Former Top Lehman Brothers Banker Skip McGee Sees Opportunity In Troubled Oil Patch

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