ORIX USA announced today the launch of a new business unit dedicated to providing its financial services in the energy sector, ORIX Energy Capital (OEC). The team will be led by Josh Mayfield, a managing director and 15-year-veteran of ORIX USA. Most recently, Mayfield successfully led the Alternative Investments business unit, which he helped launch in 2010.
Managing Directors Jay Mitchell and Mark Tharp, along with Director Alicia Summers, join the team from CLG Energy Finance. Combined, they have almost 20 years of oil and gas lending and equity investing experience, and more than 50 years of asset evaluation experience.
While ORIX USA has invested in energy companies in a variety of ways within several of its business units over the years, it will now have a dedicated business unit focused on this broad and compelling industry. Having a team committed to private debt and equity in energy will enhance ORIX USA’s capital solution capabilities and strengthen the company’s presence in the sector.