HudsonField, a New York and Houston-based company providing solutions for physical logistics, financing, and risk management challenges, received a significant equity investment.
The investment was led by Harvey Golub, with investments from GF Investments and other private investors. In conjunction with the deal, Harvey Golub, chairman of Miller Buckfire & Co. LLC, director of Dynasty Financial Partners, who previously served as chairman and CEO of American Express, and former director of the Hess Corporation, AIG, and the Dow Jones & Company, joined HudsonField as chairman of the board of directors.
The company will use the proceeds to conduct growth initiatives.
Formed in 2014 by Ben Freeman, CEO, HudsonField provides midstream marketing and transportation services, investment banking, and risk management services to the North American oil and gas markets. The company’s clients are oil & gas producers, midstream operators, end-users of oil & gas, and financial services companies.
HudsonField previously announced a strategic relationship for financing opportunities in the North American oil and gas sector with AB Private Credit Investors, the middle market direct lending platform of AB. Peter Kraus, AllianceBernstein’s CEO and chairman of the board, has now joined as a special advisor to HudsonField’s board.