Steven J. Pully
Steven Pully performs consulting, restructuring and investment banking services primarily for companies and investors in the oil and gas area and serves on boards of public and private oil and gas companies. He has extensive experience serving in executive roles for companies, including companies involved in financial restructurings.
Mr. Pully recently assisted PRIMEXX Energy with a capital raise involving in excess of $900 million of committed capital from a leading private equity fund and also assisted a client with a significant interest in an oil and gas company that was converted to equity as part of a bankruptcy proceeding. Until September of 2014, Mr. Pully was a partner and the General Counsel of Carlson Capital, L.P., a $9 billion AUM multi-strategy hedge fund where he worked for almost seven years. During his time at Carlson Capital, he worked on the formation of a $700 million AUM oil and gas private equity fund focused on distressed oil and gas investments and also worked on a significant number of restructurings and investments in the energy sector. Prior to working at Carlson Capital, Mr. Pully spent six years as the President of Newcastle Capital Management, a $650 million AUM deep value fund. During his time at Newcastle, he served as the Chief Executive Officer of two operating companies, including a domestic manufacturing company after its emergence from bankruptcy that had over 600 employees and a public company that was seeking to complete an acquisition.
Mr. Pully was a Senior Managing Director at Bear Stearns and a Managing Director at Bank of America Securities and also worked at Kidder Peabody and Wasserstein Perella. He worked on a broad variety of restructurings, financings and mergers and acquisitions involving the energy sector during his time as an investment banker. He was also responsible for the oil service area at the different investment banks where he worked and completed a number of restructurings, financings and mergers and acquisitions involving oil service companies.
Mr. Pully has served on twenty-one boards of directors of public and private companies, including seven public oil and gas companies, four private oil and gas companies and one private oil service manufacturing company. Mr. Pully previously served as a director of a number of public companies outside of the energy sector, including companies involved in the retail, manufacturing and technology sectors.
Mr. Pully began his career as an attorney for Baker & Botts in Houston, and in addition to being a licensed attorney, Mr. Pully is also a CPA and CFA Charterholder. Mr. Pully earned his undergraduate degree with honors in Accounting from Georgetown University and is also a graduate of The University of Texas School of Law. He recently completed a three-year term on the Board of Advisors of the McDonough School of Business at Georgetown University.