Jefferies Energy Team Thrives in Pipelines M&A Under New Leader

When Blackstone Group LP sought advice buying a Texas pipeline operator last year, it turned to Pete Bowden, Jefferies Financial Group Inc.’s global head of energy investment banking.

The alternative investing giant sat across the negotiating table from Bowden in 2017, when it purchased EagleClaw Midstream Ventures. Bowden brokered that $2 billion sale and Blackstone liked his work. So it tapped him to handle EagleClaw’s first big acquisition.

”He’s a great tactician and can ably represent either a seller or a buyer, which is unusual, as most bankers are good at one or another,“ said David Foley, a ...