Steve Traicoff has over 40 years of energy-related experience focusing primarily in the areas of energy trading, risk management,
and structured finance. Mr. Traicoff has traded several energy commodities including refined products, petrochemicals, residual
fuel, and feedstocks. He has also originated, structured, and closed large, complex physical and financial transactions in the
natural gas and power industry sectors. His background also includes project financing, investment banking, and structured finance
in the energy sector as well as such energy-intensive industries as refining, petrochemicals, pulp and paper, steel and primary
metals.
His experience includes:
- Having over 14 years of direct commercial and trading experience regarding refined products, natural gas, petrochemicals,
feedstocks, and electric power. Separate from his Refined Products trading experience, he has originated, structured, negotiated,
and closed multi-year financial derivative and commodity (natural gas, oil, and power) transactions totaling over $300 MM in
revenue and resulting in over $15 MM in pre-tax income.
- He has originated, structured, negotiated, and/or closed over $125 MM of equity and debt financing in new and existing
enterprises. He has also sourced debt and equity funding totaling over $50 MM for energy-intensive (chemical, refining, pulp and
paper, steel) or energy-related projects and businesses. As a senior originator at a pre-eminent energy trading company, he led a
cross-functional team that included credit, trading, legal, tax, accounting, and syndication functions, resulting in four deal
closures. He also structured innovative financial support and guarantees, including insurance products.
- Steve has the led market analysis and due diligence efforts as well as crafting the macro-economic and business case
narrative efforts that resulted in raising over $440 MM in debt and equity (including $39 MM in initial venture equity funding).
In addition, he did the same for Investor Information Memoranda (144A) and S-1 drafts. Over the two-year
period and prior to the above capital raise, he was directly engaged in regularly preparing Information Memoranda to the single
private equity investor that funded the initial venture capital. Over a 5-year period, Steve directed marketing and origination
strategy by actively and regularly identifying and analyzing prospective customers and competitor strategic focus. He regularly
drafted and delivered presentations to the company's Board of Directors and Operating Committee as well to prospective
customers.
- Steve has been engaged as litigation support consultant and/or expert witness in over 40 separate cases of federal and state
court litigation regarding commodity and energy trading, risk management, oil & gas asset and production valuation, and
structured finance with potential judgments totaling over $2 Billion. He has also testified in regards to filings before the
Texas Rail Road Commission (TRRC) as well as prepared critical market analysis for deposition. In addition, as part of a job
function, he has found and sourced other experts with regard to analysis and testimony in litigation matters.
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