Bloomberg News

JPMorgan Names Energy Banker Castaldo Managing Director (1)

October 29, 2013

JPMorgan Chase & Co. (JPM:US) has hired Andrew Castaldo from Bank of America Corp. (BAC:US) to help advise on oil and gas deals, according to a memo obtained by Bloomberg News.

Castaldo will be based in New York report to Hernan Cristerna and Christopher Ventresca, JPMorgan’s global co-heads of mergers and acquisitions, the document shows. The contents of the memo were confirmed by the bank’s New York-based spokeswoman Tasha Pelio.

Castaldo, who worked at Citigroup Inc. before joining Bank of America in 2006, helped advise Apache Corp. on its $7 billion purchase of assets from BP Plc in 2010. He also worked on Regency Energy Partners LP’s $5.6 billion acquisition of PVR Partners LP, a natural gas pipeline and processing company, which was announced this month.

Ventresca and Cristerna were named co-heads of global mergers and in May amid an overhaul of the top management of the team. Ventresca previously was JPMorgan’s head of North American M&A, while Cristerna oversaw M&A for Europe, Middle East and Africa.

To contact the reporter on this story: Matthew Monks in New York at mmonks1@bloomberg.net

To contact the editor responsible for this story: Jeffrey McCracken at jmccracken3@bloomberg.net


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Companies Mentioned

  • JPM
    (JPMorgan Chase & Co)
    • $59.01 USD
    • -0.16
    • -0.27%
  • BAC
    (Bank of America Corp)
    • $15.59 USD
    • -0.03
    • -0.19%
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