JPMorgan Chase’s oil and gas group absorbed Catalyst Energy Advisors LLC to ready for energy deals – Houston Business Journal

The Houston-based oil and gas investment banking group at JPMorgan Chase & Co (NYSE: JPM) has gobbled up Houston-based Catalyst Energy Advisors LLC, a boutique investment financial advisory, in preparation for the energy deals to come.
An internal memo sent to the Houston Business Journal said Mark Deverka, formerly the managing director at Catalyst, and Jonathan Sloan, formerly the director at Catalyst, are two of the four latest members to join the acquisitions and divestitures team within JPMorgan’s oil and gas investment banking practice.
“We know eventually this market will stabilize, and the business will bounce back to a more traditional level, and so we’re investing in human capital in anticipation of that,” said Lackland Bloom, managing director and co-head of the oil and gas investment banking group at JPMorgan.

Source: JPMorgan Chase’s oil and gas group absorbed Catalyst Energy Advisors LLC to ready for energy deals – Houston Business Journal

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