Kenneth A. Hersh, 50, is a Co-Founder and the Chief Executive Officer of NGP Energy Capital Management, a premier investment franchise in the natural resources industry. Founded in 1988, NGP has managed $13 billion of cumulative committed capital through its investment funds and affiliates which include: Natural Gas Partners, NGP Capital Resources Company (Nasdaq: “NGPC”), NGP Energy Technology Partners and NGP Global Adaptation Partners. Mr. Hersh is responsible for directing the strategic and investment activities of the firm.
Under his leadership, NGP has made over 200 investments in natural resources companies located throughout North America. In addition, the firm has been the catalyst for some of the larger recapitalizations and merger transactions in the sector. NGP has been a leader in structuring and negotiating transactions totaling over $35 billion.
Mr. Hersh currently serves as a director of NGPC and Memorial Production Partners as well as numerous private companies. Previously, he has served as a director of numerous public companies, including, among others, Energy Transfer Partners, Energy Transfer Equity, Pioneer Natural Resources, Encore Acquisition Company, Eagle Rock Energy Partners and Resolute Energy Corporation. In addition, he currently serves on the Dean's Council of the Harvard Kennedy School and on the Advisory Councils of The Graduate School of Business at Stanford University and The Bendheim Center for Finance at Princeton University. He is a frequent lecturer at industry functions covering topics relating to the energy, corporate finance and private equity sectors and has been a frequent contributor on CNBC.
Mr. Hersh is a member of the Council on Foreign Relations and the World Economic Forum where he has been a featured speaker at its annual meeting held in Davos, Switzerland. He has also served on the International Business Council's G20 CEO Task Force on Commodities in conjunction with the International Chamber of Commerce.
Mr. Hersh has also been very involved in the nonprofit arena both nationally and locally. In 2010, he founded the Global Adaptation Institute and served as Chairman of its Board of Directors until January 2013. In addition, he serves on the Board of the National Association for Urban Debate Leagues. Locally, Mr. Hersh serves on the Board of Trustees of the Communities Foundation of Texas, St. Mark's School of Texas and the Board of Directors of the Baylor Health Care System Foundation. He is also a member of the Dallas Citizens Council.
Prior to co-founding NGP, Mr. Hersh was employed by the investment banking division of Morgan Stanley & Co. where he was a member of the firm's energy group specializing in oil and gas financing and merger and acquisition transactions.
Mr. Hersh was born and raised in Dallas, Texas. He attended Princeton University where he graduated magna cum laude with a Bachelor's degree in Politics in 1985. In 1989, Mr. Hersh earned his M.B.A. degree from Stanford University's Graduate School of Business where he graduated as an Arjay Miller Scholar.