Kate Richard

Katherine 'Kate' Taaffe Richard is an American businesswoman who specializes in private equity investing, with a focus on real assets, particularly upstream oil and gas. In 2010, she founded Warwick Energy Group, an energy-focused private equity firm with approximately $1.5 billion in managed assets. Warwick Energy Group is a premier provider of private equity capital in the US energy industry. Current investments of note include ownership of (i) the largest private company in the core of the STACK and SCOOP oil and gas fields in Oklahoma, and (ii) an interest in the Eagle Ford Shale oil and gas field (including midstream infrastructure) in Karnes and Live Oak County, Texas.[3]

Katherine Taaffe Richard
Born
Katherine Taaffe Richard
NationalityAmerican
Other namesKate Kanady[1]
EmployerWarwick Energy Group
TitleFounder and CEO
Spouse(s)M. Christian Kanady (m. 2017)[2]

Richard was dubbed "Miss Fracking" by German newspaper Süddeutsche Zeitung for her industry leadership in advocating for natural gas as a solution to U.S. energy independence.[4]

Early life and education

Richard's great uncle founded Devon Energy and drilled wells in the Caspian Sea following the fall of the Soviet Union.[3][5]

Richard graduated in 2004 from Harvard College. Her academic focus was postcolonial theory, with research focused on Rwanda.[6][7]

Early career

After Richard graduated from Harvard in 2004, she worked at Goldman Sachs as an investment banker and investor in the private equity division in New York, Paris, and London.[3]

After leaving Goldman in 2007, Richard invested in public and private debt and equity of oil and gas and metals and mining companies, as well as sovereign debt at Serengeti Asset Management in New York.[8]

Richard left Serengeti in 2009 to invest in international and domestic energy companies for MSD Capital, Michael Dell’s private investment firm in New York.[8]

Warwick Energy

Richard founded Warwick Energy Group in 2010.[3] The Group specializes in the consolidation of interests in the lowest cost oil and gas basins in the US.

Warwick owns and manages oil and gas drilling investment funds. The firm’s investments are concentrated in the SCOOP and STACK Basins of Oklahoma and in the Permian Basin of West Texas. The firm currently has around 50 investment professionals.[9]

In January 2019, Warwick was featured by the Kayo Conference Series as one of the "Top 19 in 2019 - Buyout Funds Founded by Women."[10]

Other Involvement

Richard has served in a number of board and advisory roles. She currently serves on the Board of Directors of Flotek Industries, Inc. (NYSE: FTK) and has previously served on the Boards of Imerys, SA, a Paris-based industrial conglomerate and Abraxas Petroleum Corp (NASD: AXAS). [11][12] She has also served an adviser to the Islamic Republic of Afghanistan's Ministry of Mines on energy development and transparency.[8][13]

She is a current member of the National Council of the American Enterprise Institute (AEI)[14]

She has lectured at the Stanford Graduate School of Business, Harvard Business School, The McCombs School of Business at The University of Texas, and the University of Oklahoma.

Richard is regularly interviewed by financial media for her insights on the energy sector.[15][16][17] She has appeared on Bloomberg and is a regular contributor to CNBC's Power Lunch.[15][18][19][20][21][22]

Awards and Recognitions

Richard was selected to represent the United States in 2013 as one of the World Economic Forum's Young Global Leaders and is a member of the Forum's Oil & Gas Agenda Council.[23]

In 2014, Oil & Gas Investor named her one of 20 Rising Stars in the Oil & Gas Industry Under 40.[11][6] She has also served as a judge for Forbes "30 Under 30 in Energy" award.[24]

In June 2019, Richard was selected as EY's Entrepreneur Of The Year 2019 Southwest Award for FinTech & Financial Services[25]

References
  1. http://www.aei.org/about/national-council/
  2. "Katherine Richard, Michael Kanady". nytimes.com. 3 Dec 2017. Retrieved 4 Dec 2017.
  3. Shawn Tully (12 May 2017). "Meet the New Generation of Oklahoma Oil". Fortune.com. Retrieved 12 May 2017.
  4. Kathrin Werner (9 July 2014). "Miss Fracking". Süddeutsche Zeitung. Retrieved 12 May 2017.(subscription required)
  5. "OKC philanthropist Mary Davis Nichols dies at 101". NewsOK.com. 2018-04-02. Retrieved 2018-05-09.
  6. "Katherine Richard: Founder; Chief Executive Officer, Warwick Energy Group". Oil and Gas Investor. Hart Energy. 1 May 2014. Retrieved 15 March 2017.(subscription required)
  7. "Abraxas Nominates Jerry J. Langdon and Katherine T. Richard to Board of Directors". SEC.gov. Securities Exchange Commission. 4 April 2013. Retrieved 13 March 2017.
  8. Mitchell, Jessica (13 February 2015). "Most Admired CEOs profile: Katherine Richard, Warwick Energy Group". The Journal Record. The Journal Record. Retrieved 16 March 2017.
  9. "Warwick Energy - Operations". Warwick Energy. Retrieved 21 March 2017.
  10. "Kayo Conference Series - Top 19 in 2019 Buyout Funds Founded by Women". Kayo.
  11. "Executive Profile: Katherine Taaffe Richard". Bloomberg. Retrieved 12 March 2017.
  12. LaFollette, John. "Flotek Industries - Kate Richard Joins Flotek Board of Directors". Retrieved 2018-07-20.
  13. "Katherine Richard". World Economic Forum. Retrieved 14 March 2017.
  14. "National Council". AEI. Retrieved 2018-05-09.
  15. "OPEC vs US shale showdown is biggest oil risk of 2017, says energy investor". CNBC. 14 March 2017. Retrieved 13 April 2017.
  16. "Oil at $40 No Problem as U.S. Drillers Snub OPEC With Hedges". Bloomberg. 14 March 2017. Retrieved 13 April 2017.
  17. "Looking Beyond the Smoke and Mirrors of Halliburton, Schlumberger Earnings". The Street. 18 October 2016. Retrieved 13 April 2017.
  18. "Trump presidency bullish long term for oil and gas, energy CEO says". CNBC. 10 November 2016. Retrieved 13 April 2017.
  19. "Warwick Energy CEO on oil fundamentals". CNBC. 13 July 2016. Retrieved 13 April 2017.
  20. "Warwick Energy CEO Sees Major M&A Cycle Heating Up". Bloomberg. 8 Nov 2017. Retrieved 8 Nov 2017.
  21. "Warwick Energy CEO discusses what's fueling the future of energy". CNBC. Retrieved 2018-05-09.
  22. "'Bloomberg Commodities Edge' Full Show (5/24/2018)". www.bloomberg.com. Retrieved 2018-07-24.
  23. "50 Making a Difference profile: Katherine Richard". The Journal Record. Bridgetower Media. 2 October 2014. Retrieved 21 March 2017.
  24. "2015 30 Under 30". Forbes. Retrieved 16 March 2017.
  25. "EY announces winners of the Entrepreneur Of The Year® 2019 Southwest Award". www.ey.com. Retrieved 2019-07-16.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.