Credit Suisse Group Makes Oil and Gas Hire From Barclays

(Bloomberg) -- Credit Suisse Group AG has hired investment banker Aaron Wolf for its oil and gas group in North America.

Wolf is joining Credit Suisse after eight years at Barclays Plc, according to an internal memo from the Zurich-based bank. He will cover private equity and infrastructure funds as well as so-called midstream companies, or firms that own and operate oil and gas pipelines.

A representative for Credit Suisse confirmed the contents of the memo. A representative for Barclays declined to comment.

Wolf will join Credit Suisse in June as a managing director based in Houston, according to the memo from Tom Greenberg, Brian McCabe and Tim Perry, global co-heads of oil and gas in the firm’s investment banking and capital markets division.

At Barclays, Wolf was a member of the natural resources group advising midstream clients. Prior to that, he worked as a portfolio analyst for Emissar Capital Group and served in various trading-related roles with Koch Capital Markets, according to the memo.

In February, Credit Suisse shuffled the leadership of its oil and gas team, naming Greenberg and McCabe global co-heads along with Perry while appointing Osmar Abib chairman of global energy.

The new hire comes amid a spike in oil and gas dealmaking. Credit Suisse is helping advise Chevron Corp. on its agreement last month to buy Anadarko Petroleum Corp. for $33 billion. Occidental Petroleum Corp. has topped that offer.

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