Nov 13, 2009

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Avista Capital Partners augments energy practice with appointment of Trevor Turbidy


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Avista Capital Partners has hired Trevor Turbidy as its Energy Industry Adviser.

Turbidy was the previous chief executive officer of Trico Marine Services, which provides marine support vessel services to the offshore oil and gas industry internationally.

“Trevor is an ideal addition to our energy practice because he has the perfect combination of deal experience from his energy investment banking days, and operational expertise from his tenure at Trico,” said Steven Webster, Co-Managing Partner and President of Avista. “We are excited to add Trevor to the Avista team and look forward to leveraging his strategic insight, operational and domain expertise, and extensive relationships within the energy sector.”

Turbidy said the decision to join Avista made common sense.

“(Avista is) the highest quality private equity team in the industry and Steve is truly a visionary in the energy sector,” he said. “ I have had the pleasure of working with Steve and certain members of the Avista organization on numerous transactions over the last decade and am thrilled to have the opportunity to join this team and help contribute to Avista’s continued success.”

Avista Capital Partners has office in New York City and Houston, Texas. It was founded in 2005. Avista’s strategy to make controlling or influential minority investments primarily in growth-oriented media, healthcare and energy companies.

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