Chief Financial Officer and Managing Director
Jonathan Siegler is a Managing Director and the Chief Financial Officer of Bluescape Energy Partners, Parallel Resource Partners, and Bluescape Resources Company. Siegler is responsible for driving performance management, strategy, investment decision making, and transaction execution across portfolio investments. Siegler is also responsible for overseeing back-office processes and for financial reporting. Siegler serves on the Investment Committees, Valuation Committees, Compliance Committees and Risk Committees for all three investment vehicles. Siegler also serves on the boards of many of the portfolio companies.
As a Managing Director and CFO of Bluescape Energy Partners, Siegler helped lead more than $500 million of transactions across 10 investments in both the E&P and Power space. In aggregate, the investments have created almost $175 million in value, with a 50% IRR and 1.3x MOIC. Siegler serves on the boards of many of the portfolio companies and continues to drive the strategy and performance processes across each of them.
As a Managing Director and CFO of Bluescape Resources and Parallel Resource Partners, Siegler has been a key part of a team that has executed fifteen private equity investments totaling $1.2 billion of risk capital and achieved an 11% gross IRR and 1.2x gross MOIC with a 0.8x cash realization, beating the small-cap public E&P basket by 290% over the same time period. These returns were achieved during a period when natural gas declined from over $13/MMBtu to less than $3/MMBtu and crude oil declined from over $130/Bbl to under $50/Bbl. On behalf of Bluescape Resources, Siegler led the greenfield effort to build positons in the Marcellus and the Eagle Ford, led the sale of Marcellus Minerals to multiple counterparties, negotiated the Marcellus JV with Oxy USA, and originated and executed structured loan transactions with Jayhawk and Greyhey. In total, Siegler led the negotiation and execution of more than 50% of the capital deployment and approximately 80% of the realizations.
Siegler was formerly Senior Vice President of Strategy and M&A at TXU Corp. Siegler helped to architect the turnaround plans that drove over 65% annual returns and $32 billion of shareholder value. He helped to ensure the competitive market was maintained in Texas, designed TXU’s new build generation strategy and helped lead the sale of TXU to an investment group led by affiliates of KKR, TPG, and Goldman Sachs. Prior to TXU, Siegler was an engagement manager at McKinsey & Company leading strategy, finance, and operations work across the energy/industrial sector. Siegler led strategic turnaround work at both E&P and power companies and led operational turnaround work at coal- fired power plants. Prior to that, Siegler served as a lieutenant aboard the nuclear-powered ballistic missile submarine USS Pennsylvania (SSBN 735B), qualifying as a naval nuclear engineer, and receiving three Navy and Marine Corps achievement medals for superior service.
Siegler earned a bachelor of science in electrical engineering from the United States Naval Academy, where he graduated with distinction, and a master of science in electrical engineering from Stanford University.