One of the first and most highly respected financial research analysts covering the PV sector, Jesse Pichel, has joined ROTH Capital Partners as managing director, Cleantech Investment Banking.
Having left investment bank Jefferies last year where he was managing director, global head of clean technology research, Pichel will be responsible for capital transactions and advisory services for emerging cleantech and industrial growth companies.
“Jesse’s extensive expertise in the cleantech sector will reinforce our firm’s deep domain expertise in capital transactions and advisory services for emerging cleantech and industrial growth leaders,” said Byron Roth, CEO of ROTH Capital Partners.
“Having recently co-managed a US$105 million IPO for SolarCity Corp, we are excited for Jesse to join our team as he brings outstanding credentials that will help us drive the expansion of our cleantech and industrial growth banking practice. Jesse is considered a cleantech pioneer in identifying opportunities for investors as a research analyst. His network, reputation, and technology expertise will serve ROTH’s clients in his investment banking role.”
Pichel has accrued 14 years of capital market experience. He co-founded Piper Jaffray’s cleantech practice in 2004, and previously worked at Needham and Company and Unterberg Towbin as a research analyst in the semiconductor and electronic manufacturing and technology sectors.
Pichel has received numerous stock picking and earnings accuracy awards including those given by Institutional Investor (II), Forbes, FT/StarMine, and The Wall Street Journal. He was most recently ranked as a top analyst in the 2012 II All American Team for Alternative Energy.
Pichel is also a founding member of the Sierra Club’s Clean Tech Council, and is on the board of other non-profits promoting sustainability and the environment.
Pichel said: “I am delighted to begin this next phase of my career with ROTH and to join a prominent and highly regarded investment bank serving growth companies. Many other investment banks have exited the clean technology sector given several high profile, but predicted, company failures. However, the technologies are only in their infancy and the thesis of rising prices of energy globally, and environmental concerns remain intact.”