Marathon Capital LLC, a financial advisory and investment banking firm to the clean and sustainable energy sector, has hired Jonathan Hough to the firm as managing director. Hough will be based in Houston, Texas where he will expand the firm’s coverage to assist midstream and downstream oil and gas companies as they pursue their energy transition objectives and strategies.
Hough joins Marathon Capital following more than a decade with BMO Capital Markets, where he was responsible for building, executing, and leading the firm’s U.S. midstream business. Hough has worked in the energy sector for more than 17 years, beginning his career at Deutsche Bank and subsequently holding positions with Growth Capital Partners, Credit Suisse and Goldman Sachs.
“The global energy industry is under significant near-term pressure to create and implement strategies for off-setting, capturing, and eliminating carbon from their key processes, as well as develop new low/zero carbon growth strategies to supplement and/or replace many of their current activities,” Ted Brandt, CEO and founder, Marathon Capital. “We are delighted that Jonathan Hough has joined our team of Energy Transition experts as an experienced midstream banker based in Houston, the traditional energy capital of the US. Marathon Capital, with the help of Jonathan, brings a unique perspective and proven track record of strategic development and implementation to Energy Transition advisory mandates. We are excited to bring the services of the largest independent bank specializing in sustainable energy to Houston and surrounding areas.”
“I am excited to be joining the Energy Transition experts at Marathon Capital,” Jonathan Hough, managing director, Marathon Capital “My midstream and downstream experience, paired with the knowledge, expertise, and proven track record of the Marathon Capital team, will enable us to provide sound advice and actionable strategies to O&G companies as they optimize their businesses to meet their Energy Transition goals and objectives.”