- Bentley named senior managing director, to be based in London
- Bentley to focus on energy, renewables investment banking
Guggenheim Partners is expanding its energy practice to Europe by hiring Mark Bentley as a senior managing director in the power, energy and renewables investment-banking group.
Bentley has more than 25 years of financial, legal and consultant-advisory experience in the energy and power industries, working most recently as a managing director and partner at Greenhill & Co., according to a statement Wednesday from Guggenheim, which is headquartered in New York and Chicago. He will be based in London and report to Mark Van Lith, co-chief executive officer of Guggenheim Securities, a company spokesman said.
Guggenheim, which also has asset-management and insurance operations, has been expanding its investment-banking division, bringing on James Schaefer from Blackstone Group LP and ex-BNP Paribas SA banker Dean Keller this year for energy and power. Banks including Greenhill and Evercore Partners Inc. have anticipated that lower oil prices will push companies to restructure or find buyers.
“Guggenheim Securities is excited to expand its energy investment-banking practice to Europe,” Van Lith said in the statement. “Mark has established a reputation as a trusted, thoughtful adviser to his clients and his collaborative approach will be a valuable addition to our team in this important sector.”
Bentley previously worked as co-head of natural resources and energy at HSBC Holdings Plc and had roles at firms including JPMorgan Chase & Co. and McKinsey & Co.