Jeffrey P. Price
With over 30 years of hands-on experience as a deal-maker, Jeffrey P. Price offers interdisciplinary expertise in assessment of investment opportunities, setting of strategies, marketing plans, financings and exits. Mr. Price has significant career experiences in transportation, telecoms & media, real estate, and oil & gas.
Since attending Wharton (M.B.A. – Finance 1972), Mr. Price has concentrated his career experiences in networked industries, commencing with railroads and airlines, then onward into financial institutions, and then finally by the late 1980s into telecommunications. Educated in finance and economics, his career has been centered around transactions-oriented projects. Indeed, he has voluminous experiences in a "mode" of raising capital for enterprises seeking to expand their horizons. Mr. Price was an accomplished deal-maker during those industries’ intense consolidation phases.
As a former CEO and investment banker, Mr. Price is a proven project-leader and manager. He is skilled in leading deal teams, acting as a "special advisor", managing traditional spreadsheet projections and analyses, valuations, preparation of business plans and investment memoranda. He is well versed in marshaling requisite internal and external resources required to execute a project, especially start-ups, acquisitions and taking investment positions in strategic assets.
Through First Keystone Energy Group, Mr. Price has founded six partnerships with total equity capital of $25MM. Currently, First Keystone manages one active limited partnership with committed equity capital of $10,000,000. (The older partnerships have been liquidated or merged and have paid distributions to their partners in excess of 60% to 225% of capital.)
Mr. Price, based in part on his prior career experiences as a registered securities principal and founder of successful entrepreneurial enterprises, believes strongly in rigorous reporting to his partners and investors, both qualitatively and quantitatively. He engages high-quality legal and accounting firms to work with his enterprises in transaction processing, establishment of the organization and ongoing reporting of results.
Mr. Price resides in Bucks County, Pennsylvania and maintains second residences in Charlotte, Vermont and Telluride, Colorado. He is an "outdoor enthusiast" as well as a follower of both sports and the media.