Haddington is unique in that it is the only midstream energy fund in which all principals have substantial direct operating experience. The Haddington principals, J. Chris Jones, M. Scott Jones, John A. Strom and Jim P. Wise (collectively, the “Principals”), have over 100 years of combined experience in the midstream energy sector. The Principals bring complementary disciplines to the Fund, including engineering, managerial, marketing, corporate finance, accounting and legal expertise, and collectively possess a comprehensive understanding of the landscape of U.S. midstream assets, as well as sector trends, key technologies and regulatory issues. The Principals believe their experience represents a significant competitive advantage relative to many of their competitors and enables them to pursue a much broader set of opportunities within the midstream sector. In managing the Fund, the Principals will target situations in which they can use their operating experience to purchase smaller, under-utilized assets at attractive valuations, with significant anticipated upside potential to the Fund’s investments. The Principals expect to identify many of these opportunities proactively using their extensive relationships within the midstream sector and their knowledge of the assets held by the large, integrated energy companies.
| Principal |
Midstream
Experience |
Discipline |
Experience Prior to HV |
|
|
|
|
| J. Chris Jones |
24 years |
Financial, Accounting and M&A |
TPC Corporation - COO & CFO; The Fisk Group - CFO; Price Waterhouse - Senior Staff Accountant |
| John A. Strom |
25 years |
Marketing and Regulatory |
TPC Corporation - Co-Founder & President; Fish Engineering - Sales & Business Development; Union Carbide - Sales |
| Jim P. Wise |
41 years |
Financial, M&A and Operations |
Neostar Group - Chairman & CEO; Integrated Electrical Services - Chairman & CEO; Transco Energy Company - EVP & CFO |
| M. Scott Jones |
17 years |
Legal, M&A and Administrative |
TPC Corporation - General Counsel & Secretary; Dickerson, Carmouche & Jones - Partner |