EV Private Equity Welcomes Two New Advisory Board Members

EV Private Equity Welcomes Two New Advisory Board Members

EV Private Equity (EVPE) has appointed two new Advisory Board members, Bettina Bachmann and Carl Stjernfeldt, who bring decades of experience and valuable knowledge in venture capital to the firm.

Ms Bachmann spent 35 years at Shell, latterly as Vice President of Subsurface & Wells Software and now sits on several boards in non-executive roles, while Mr Stjernfeldt leads the Corporate Development Group in Americas for Shell New Energies.

Ms Bachmann has held a variety of business, technical and leadership roles in exploration and development, working in the Middle East, Africa and Europe. She has led senior leadership development programmes and strategy across upstream R&D, strengthening her planning and strategy expertise.

Mr Stjernfeldt has served on a long list of boards at successful companies including Agito Networks (acquired by ShoreTel), Arbor Networks (acquired by Tektronix), BNI Video (acquired by Cisco), Broadbus Technologies (acquired by Motorola) and Cedar Point Communications (acquired by Genband). His extensive business knowledge and acumen resulted in him being recognised twice as a Global Corporate Venturing’s Top 100 Star.

The EV Advisory Board adds value to its portfolio of energy companies by yielding external thinking, and strengthening in-depth domain knowledge to advise and support the growth of these high-potential businesses. The current board includes senior representatives from AkerBP, Petrobras, Apache and Ensco.

Helge Tveit, EVPE Managing Partner said: “Bringing Carl and Bettina into our Advisory Board expands the knowledge and expertise that our portfolio companies are able to draw upon to support growth.

“I’m confident that their experience and networks will prove to be significant assets to EV and we’re particularly excited about Carl’s experience in clean energy, alongside Bettina’s background in digital and software, which strengthen two areas of high priority across the EVPE portfolio.”

Over the past 15 years, EV Private Equity (“EV”) has become established as a leading energy services investor with a particular understanding of technology.

To date EV has made over 50 investments across multiple oilfield segments with operations across all geographical regions relevant to oil and gas. The team of investment professionals has collectively over 300 years of oil industry transactional and value creation experience.  Total committed capital in the EV funds approaches USD 1 billion.

The organisation holds offices in Stavanger, Aberdeen and Houston.  EV maintain partnerships in other locations important to the global energy business, including Brazil, Canada, UK, India and Dubai.

Published: 18-10-2019