Richard Hooey Email & Phone Number

Chicago, Illinois, US

Chicago, Illinois, US

Chicago, Illinois, US

The industry leader in planning, budgeting, regulatory and revenue solutions for the utility sector.Develops integrated long range planning models for utilities and their subsidiaries.

• Contract consulting engagements providing strategic financial modeling and transaction structuring expertise to private equity / LBO clients.ENGAGEMENTS
• Managed an initiative of a private equity buyer to acquire the domestic operations of a major European corporation valued in excess of $9 Billion.
• Prepares business cases, pro-forma financial projections, and offering memoranda for potential investors and lenders.
• Determines appropriate valuations by utilizing DCF analysis and confirming with publicly traded metrics.
• Provided structural changes to transaction to maximize returns and increase probability of closing.
• Served as a key contributor for a project team to acquire and transform existing facilities into state-of-the-art treatment facilities.

Zamudio, Vizcaya, ES

• The domestic development arm of Gamesa Corporación Tecnológica, a global technological leader in the wind industry and a world leader in the development, construction and sale of wind farms. Reporting to CFO, I
• Led Senior-management oversight of $1 Billion construction program, including accounting and payment authorization.
• Prepared monthly Management Discussion and Analysis (MD&A) for Energy Division.
• Collaborated with C-Level management team on developing and monitoring annual financial plan including capital and operating budgets.

Zamudio, Vizcaya, ES

• The domestic development arm of Gamesa Corporación Tecnológica, a global technological leader in the wind industry and a world leader in the development, construction and sale of wind farms. Reporting to Director of.
• Employed innovative financing techniques to structure transactions which allocate tax benefits to the parties best able to use them, thereby maximizing returns and facilitating commercial solutions.
• Managed relationship with Investment Bankers regarding offering memorandum pro-formas and financial due diligence.
• Modeled various risk mitigation techniques including power price derivative hedges, wind insurance products, partnership flip structures and Municipal Prepayment Arrangements.
• Supported Chief Development Officer and Director of Business Development by leading financial evaluations of proposed wind farm development projects representing installed capacity in excess of 2,000 MW.

• A privately held hedge fund (limited partnership) with $1.4 Billion in assets under management. Reporting to the Founder, IManaged long/short, market neutral equity hedge fund representing up to $100 Million in capital.
• Increasing investment capacity 10% via statistical analysis and development of a new sector demonstrating above benchmark returns with acceptable risk parameters such as back-test returns over 20%, Sharpe ratios of 2+.
• Saving $384K by making an immediate pre-market trade after the announcement of a major pharmaceutical event.
• Lowering volatility 12.9% and downside risk 18.5% while maintaining return levels by restructuring portfolio.
• Initiating and monitoring numerous merger arbitrage positions, including regular risk reviews.Primary Coverage Responsibilities: Utilities (Domestic Electric, Gas and Water and UK/European); Pharmaceutical/Medical.

Duluth, MN, US

• A $750M diversified and publicly-traded energy company with 1450 employees. Reporting to the Corporate Treasurer, I
• Managed long/short, market neutral equity portfolio of up to $35 Million in capital including acting as Portfolio Manager, Analyst and Trader, as well as Back Office responsibilities and reporting to key stakeholders.
• Developed an investment strategy appropriate for corporate investor that achieved a 15.6% pre-tax annual average return in pure alpha with low volatility over almost three years.

Duluth, MN, US

• A $750M diversified and publicly-traded energy company with 1450 employees. Reporting to the Corporate Treasurer, ILed and/or participated in numerous merger, acquisition, divestiture, and new business venture reviews.
• Financing first-of-its-kind manufacturing facility on non-recourse, project finance basis at 112 basis points over Treasuries.
• Structuring ownership of greenfield strategic business initiative to allocate risks between parties best able to absorb them and segregating market risk away from the company’s 50% joint venture partner, thereby.
• Structuring, negotiating and collecting $6.5M in indemnity payments from a series of complex tax-advantaged investments by building consensus among investors, proposing settlement strategy, and leading negotiations.
• Developing a 3-pronged marketing strategy designed to support project financing while maximizing advantage of market opportunities.
• Ensuring compliance with corporate financial goals by developing and facilitating a corporate economics class designed for employees in all functional business areas.

• A member owned financial institution with total assets of approximately $35M. Member of the Board of Directors, reporting directly to the membership,President (1995-1996)Vice President (1993-1995)ALM Officer (1991-1993)
• Volunteered in leadership roles to increase services provided by the credit union with the goal of transforming from a lending role to becoming the primary financial service provider to all members.
• Led growth in assets of 89% during my time as volunteer leader by expanding services to members and completing the merger and integration of another local credit union.
• Increased financial soundness by developing an Asset/Liability Management (ALM) Program allowing the credit union to identify and correct duration mismatches in assets and liabilities and minimize interest rate risk.

• State agency charged with facilitating an economic environment to produce jobs and improve the quality of the state’s workforce.
• Performed scheduled and impromptu financial audits of employer's compliance with state law.
• Completed liability determinations and wage discrepancy investigations.
• Collected delinquent taxes and tax returns.
• Arranged for lien, levy and other legal action.
• Managed the process of administering the first ever unified audit of the department’s State and Federal grant funding.

Mba, Finance

Ba, Accounting

Education record