Blue Water Energy has one of the most experienced middle-market teams in the energy space. The three founding partners have on average over 25 years of experience in buying and building lasting, value-enhanced businesses. They lead a team of investment professionals possessing extensive sector knowledge and proven execution experience.
Jerker Johansson Executive Chairman & Founding PartnerJerker Johansson Executive Chairman & Founding Partnerclose
Jerker co-founded Blue Water Energy in 2011. As Executive Chairman, Jerker works alongside the other co-founding partners to drive the continued growth of the firm and the value creation across the funds BWE manage. Jerker’s specific responsibilities include chairing the Investment Committee, Quarterly Portfolio Reviews and the BWE charitable giving committee. Jerker also maintains an active role across all elements of BWE including the deal team, finance team and the Marketing & IR team.
Jerker was previously the Global Head of Institutional Equities at Morgan Stanley, where his 22-year tenure featured involvement across various capital markets, then CEO of UBS Investment Bank. Jerker holds an MSc degree in Economics from Stockholm School of Economics and an M.B.A. from Stanford Graduate School of Business. Jerker now serves on the boards of GPS Group, Influit, Stena International S.A., Stena Fastigheter and FAM AB – part of The Wallenberg Foundations – and is a Trustee of The Morgan Library and Museum. Jerker is also a member of The Royal Swedish Academy of Engineering Sciences.
Thomas Sikorski Founding PartnerThomas Sikorski Founding Partnerclose
Tom co-founded Blue Water Energy in 2011. Tom’s responsibilities range from deal origination and structuring to execution, monitoring and exit strategy evaluation. Tom is involved in investment activities throughout the entire energy industry, with particular expertise in the midstream and services sectors. He has over 25 years of private equity experience.
Before Blue Water Energy, Tom served as Managing Director and, from 2006, Head of the London office of First Reserve Corporation. Tom holds an A.B. degree Magna Cum Laude in Economics from Harvard College and an M.B.A. from Stanford Graduate School of Business. Tom has served in recent years as a director on the boards of Aquilex Corp., Dresser, Inc., Dresser-Rand Group, Inc., Quanta Services, Inc. and Bahamas Oil Refining Company International Limited (BORCO). Tom is on the board of Halvorsen AS, Excellence Logging, Galileo Technologies and GPS Group.
Graeme Sword Founding PartnerGraeme Sword Founding Partnerclose
Graeme co-founded Blue Water Energy in 2011. Graeme’s responsibilities range from deal origination and structuring to execution, monitoring and exit strategy evaluation. Graeme is involved in investment activities across the entire energy industry.
Graeme has particular expertise in the worldwide oil & gas reserves and oilfield services sectors of the industry. He has over 20 years of private equity experience. Before joining Blue Water Energy, he was Partner and Head of Oil & Gas at 3i, a UK-based private equity firm. Prior to joining 3i in 1995, Graeme was a Brand Manager at Unilever. He holds an M.A. (Hons) degree in Geography and Political Science from the University of Dundee.
Graeme served as a board member of Agora Oil & Gas until 2012 where, as part of the management team, a trade sale to Cairn Energy was completed. Graeme is currently a board member of, Unique Group, Siccar Point Energy, Wellesley Petroleum, Drilling Systems Ltd, px Group and Optilan Group.
Mark Dickinson Managing DirectorMark Dickinson Managing Directorclose
Mark Dickinson, Managing Director joined Blue Water Energy in 2014. He is a senior member of the deal team responsible for deal sourcing and portfolio management and Mark is also a member of the Investment Committee at Blue Water Energy. Mark has over 20 years of Private Equity investing experience and has a strong investment track record from his previous roles at 3i and Arle Capital Partners. He is an ACA and holds an LLB from the University of Hull. Mark currently serves on the board of Kentech, Halvorsen AS, Galileo Technologies, Influit and Excellence Logging. Mark is also Chairman of The Danny Fullbrook Fearless Foundation, a charity helping young disadvantaged children fulfil their potential.
Martin Somerville DirectorMartin Somerville Directorclose
Martin joined Blue Water Energy in 2013 and has 20 years of financial experience, the last 14 of which has been within oil and gas, focussed on both the upstream and midstream equipment and service sectors. He has previously held roles with HitecVision Private Equity as well as KPMG Corporate Finance and RBC Capital Markets. Martin holds a degree in Accountancy and Finance from Heriot Watt University, Edinburgh, and is a qualified CA. He is currently a board member of Unique Group, Drilling Systems, Kentech, GPS Group and Optilan Group.
Gran Potter DirectorGran Potter Directorclose
Gran joined Blue Water Energy in 2012 and his responsibilities range from deal origination and structuring to due diligence, execution and monitoring. Gran's previous roles include Senior Associate at Apax Partners, and Associate at First Reserve International and First Reserve Corporation. Prior to those roles, he was an Investment Banking Analyst in the Power group at Citigroup. Gran currently serves on the board of px Group. Gran holds a B.B.A. degree, Summa Cum Laude, from Texas A&M University and an M.B.A. from Stanford Graduate School of Business.
Frazer Blyth Director – Marketing & CommunicationsFrazer Blyth Director – Marketing & Communicationsclose
Frazer started working with Blue Water Energy as a consultant soon after it was founded in 2011 before moving to a permanent role in 2017. Since 2011 Frazer has shaped the marketing of Blue Water Energy through its fundraising activities as well as its LP relations & communication programs. Frazer has also been instrumental in much of the marketing set-up associated with our new Investment Platforms and he has also consulted to many of the Portfolio Companies on their marketing strategy and operations. Currently, Frazer’s responsibilities at Blue Water Energy include GP and Fund marketing, LP relations, PR and Events. Frazer also continues to provides strategic marketing consultancy to the deal team and Fund Portfolio Companies as part of the overall value creation initiatives.
Prior to Blue Water Energy, Frazer spent most of his working career in senior marketing roles, specialising latterly in global oil and gas. As a marketing consultant, he has worked with many of the UK corporate banks advising on business internationalisation and marketing strategy. Frazer is a graduate of Abertay University Dundee, and Aberdeen University.
Mandar Kulkarni Chief Financial OfficerMandar Kulkarni Chief Financial Officerclose
Mandar joined Blue Water Energy in April 2017 as Chief Financial Officer. Mandar is responsible for the finance function and overseeing the firm’s financial affairs, his remit includes the Funds and investment manager operations, Investor Relations, Compliance, Fund and deal structuring, portfolio and investor reporting, financial planning, treasury and tax.
Mandar has over 11 years of Private Equity experience. Before joining Blue Water Energy, he was Senior Vice President and Head of Finance for Bain Capital Private Equity’s European operations. Prior to Bain Capital, Mandar worked in multiple financial roles at Cargill Inc. and Ernst & Young, both in Europe and Asia.
Mandar holds an M.B.A. from the University of Chicago Booth School of Business and is a qualified Chartered Accountant. He holds a degree in Business and Economics from the University of Mumbai.
Matthew Williams Vice PresidentMatthew Williams Vice Presidentclose
Matthew joined Blue Water Energy in 2011 and his responsibilities range from deal origination and structuring to due diligence, execution and monitoring. He was previously an Associate at First Reserve International and First Reserve Corporation and, prior to then, an Investment Banking Analyst in the Natural Resources group at Lehman Brothers. He holds a B.B.A. degree with High Distinction from Emory University and serves on the Goizueta Business School Alumni Association Board of Emory University.
Vincent Simonetti Vice PresidentVincent Simonetti Vice Presidentclose
Vincent joined Blue Water Energy in 2012 and currently serves on the board of Authentix and Excellence Logging. Prior to joining BWE, Vincent worked at Advent International, Blackstone and L.E.K Consulting. He holds a Master’s degree in engineering from Trinity College, Cambridge and focuses on businesses with a technological differentiation.
Khash Mohajerani Vice PresidentKhash Mohajerani Vice Presidentclose
Khash joined Blue Water Energy in 2013 and his responsibilities range from deal origination and structuring to due diligence, execution and monitoring. He was previously an Analyst in the Energy group at Warburg Pincus and, prior to then, an Investment Banking Analyst in the Energy & Power group at Bank of America Merrill Lynch. He holds a MA (Hons) degree in Economics from the University of Cambridge. Khash is currently a board director of Siccar Point Energy and Wellesley Petroleum.
Nils Hagerstal Vice PresidentNils Hagerstal Vice Presidentclose
Nils joined Blue Water Energy in 2013 and his responsibilities include financial modelling, due diligence, execution and monitoring. Nils was previously an Associate at Terra Firma Capital Partners and, before then, an Associate in the Corporate Finance & Restructuring group at Bank of America Merrill Lynch. Nils started his career in Paris as an Investment Banking Analyst at Rothschild & Cie. He holds an MSc. degree from EDHEC Business School in France.
Salil Oberoi Vice PresidentSalil Oberoi Vice Presidentclose
Salil joined Blue Water Energy in 2013 and his responsibilities include financial modelling, due diligence, execution and monitoring. Salil was previously a Director in the Corporate Finance division at Ruspetro Plc and, before then, an Investment Banking Associate in the Basic Industries group at Citigroup. He is a Rhodes Scholar from University of Oxford and holds a BA (Hons) degree in Economics and Management. Salil currently serves on the board of Unique Group.
Pal Pasztrai AssociatePal Pasztrai Associateclose
Pal joined Blue Water Energy in 2014 and his responsibilities include financial modelling, due diligence, execution and monitoring. Pal was previously an Investment Banking Analyst in the EMEA Diversified Industries & Real Assets group at J.P. Morgan in London. Pal holds an MSc in Finance from Corvinus University Budapest and also a Masters in International Management from the National University of Singapore (CEMS MiM).
Ekaterina Neustroeva AssociateEkaterina Neustroeva Associateclose
Ekaterina joined Blue Water Energy in 2014 and her responsibilities include financial modelling, due diligence, execution and monitoring. Ekaterina was previously an Associate in the Debt Fund Management team, Merchant Banking division at NM Rothschild & Sons and prior to that an Analyst in the Utilities, Transport Infrastructure team, Global Financial Advisory division of NM Rothschild & Sons. Ekaterina holds a BSc in Financial Management and a BSc in Linguistics from Kazan State University. She also holds an MBus in Global Business Analysis from Manchester Business School.
Lun Nie AssociateLun Nie Associateclose
Lun Nie, Associate, joined Blue Water Energy in 2016. Lun’s responsibilities include financial modelling, due diligence, execution and monitoring. Prior to joining Blue Water Energy, Lun was an Investment Banking Analyst in the Industrials team at Lazard in London. Lun holds an MSc in Financial Economics from the University of Oxford and a BSc in Management (Finance & Accounting) from the University of Manchester.
Frederik Holten AssociateFrederik Holten Associateclose
Frederik Holten, Associate, joined Blue Water Energy in 2017. Frederik’s responsibilities include financial modelling, due diligence, execution and monitoring. Prior to joining Blue Water Energy, Frederik was an Investment Banking Associate in the Energy team at PJT Partners in London. Frederik holds an MSc in Finance & Accounting and a BSc in Economics & Business Administration from Copenhagen Business School.
Viktorija Sarapajeva Accounts AssistantViktorija Sarapajeva Accounts Assistantclose
Sarah Bennett Office ManagerSarah Bennett Office Managerclose
Sarah Bennett has worked for Blue Water Energy since it was founded in 2011. Sarah is the Office Manager at Blue Water Energy and manages the office and the administrative team. Sarah takes responsibility for coordinating a number of business areas for Blue Water Energy including IT, Systems, HR and GDPR.
Prior to joining Blue Water Energy, Sarah worked for a number of years as Office Manager at the London Office of First Reserve Corporation. Sarah has also worked for the Financial Conduct Authority within a number of different departments including Authorisations, Enforcement and Events.
Kerry Youlden Executive AssistantKerry Youlden Executive Assistantclose
Kerry joined Blue Water in August 2013 and works as Executive Assistant to Tom Sikorski & Graeme Sword. She manages all business-related matters concerning the Partners as well as assisting with all duties as part of the Admin team.
Kerry has a BA Hons Degree in Drama with Dance from University of Winchester and a BTEC Advanced Diploma in Paralegal Work after working as a Paralegal in Personal Injury for four years before moving to London.
Lauren Morris Executive AssistantLauren Morris Executive Assistantclose
Lauren Morris joined Blue Water Energy in 2014 and is Executive Assistant to Jerker Johansson, Mark Dickinson and Frazer Blyth. Lauren is responsible for providing executive assistance to the partnership team and the deal team and she is also a member of the marketing team. Lauren was involved through the entire fundraising process of Blue Water Energy Fund II. Lauren’s role as part of the marketing team is to manage the events and she has lead the logistical planning of the Annual Meeting for the past 3 years. Lauren also and organises all other company/social events within Blue Water Energy as well as manging the social media and film related projects.
Prior to joining Blue Water Energy, Lauren worked as a Personal Assistant in the Luxury PR industry which included Fabergé and Cartier.
Marguerite Tunstall Team AssistantMarguerite Tunstall Team Assistantclose
Marguerite has been part of Blue Water Energy team since October 2015; her role is to support her investment team colleagues with all their business needs.
Prior to joining Blue Water Energy, Marguerite graduated with BA Hons degree in French Studies from the University of Nottingham before going on to work as a Mortgage Assistant at International Private Finance, helping clients obtain financing for property purchases abroad.
Flossie Hunt Team AssistantFlossie Hunt Team Assistantclose
Flossie Hunt joined Blue Water Energy in June 2015 as Team Assistant to the Investment Team. Flossie’s responsibilities include maintaining the deal log, scheduling Investment Committee meetings, complex diary management and travel arrangements as well as various research projects.
Prior to joining Blue Water Energy, Flossie worked at XL Catlin Insurance Company as a Reinsurance Assistant within the Reinsurance department, Specialising in major disaster claims.
Kelly Mole ReceptionistKelly Mole Receptionistclose
Jonathan Pow Financial ControllerJonathan Pow Financial Controllerclose
Jonathan Pow joined Blue Water Energy in December 2017 as Financial Controller. Jonathan’s responsibilities include the financial aspects of Blue Water Energy, including financial reporting and analysis, compliance and regulatory. Prior to joining Blue Water Energy, Jonathan was the Assistant Financial Controller at Apax Partners. Previously he spent 6 years working as an auditor at Rees Pollock, a firm specialising the financial services sector.
Jonathan holds a degree in Physics from the University of Bristol and is a qualified Chartered Accountant with the Institute of Chartered Accountants in England and Wales (ICAEW).
Louise Pilgrim Fund ControllerLouise Pilgrim Fund Controllerclose
Louise joined Blue Water Energy in March 2018 as Fund Controller. Louise is responsible for managing the Fund operations function of the firm including fund and deal structuring, portfolio and investor reporting and compliance.
Louise has over 20 years of Private Equity experience. Before joining Blue Water Energy, she was Chief Administration Officer at Langham Hall, a private equity and real estate fund administrator. Prior to Langham Hall, Louise worked in various fund operations roles at Park Square Capital and Electra Partners.
Louise holds a degree in Business and Economics from Salford University.
Rosie Micklewright Personal AssistantRosie Micklewright Personal Assistantclose
Rosie Micklewright joined Blue Water Energy in January 2018 as Personal Assistant to Mandar Kulkarni, CFO, and the Finance Team.
Prior to joining Blue Water Energy, Rosie was the Executive Assistant to the Head of London College of Fashion . Previously she worked at Lefevre Fine Art and B.P.Marsh & Partners, a private equity firm specialising in early stage financial services business. Rosie holds a degree in History of Art and French from the University of Edinburgh.
Jolette Farmer ReceptionistJolette Farmer Receptionistclose
Roisin Keogh ReceptionistRoisin Keogh Receptionistclose