Mr. Paul Segal joined LS Power in 1998. At LS Power, Mr. Segal has undertaken a range of roles spanning the negotiation of power purchase...
Mr. Paul Segal joined LS Power in 1998. At LS Power, Mr. Segal has undertaken a range of roles spanning the negotiation of power purchase agreements, arranging project debt and equity investments, and selling LS Power’s gas fired generation fleet in 2001. In 2002, Mr. Segal founded Luminus Management, a hedge fund which invests across the capital structure of publicly-traded power, energy, utility and related companies. Under his leadership, Luminus grew from $50 million to over $1 billion in assets under management. Upon returning to LS Power, Mr. Segal oversaw Asset Management and Renewables. In 2011, Mr. Segal was named LS Power’s Chief Executive Officer. Mr. Segal is also a member of the Firm’s Management Committee.
Mr. Segal began his career at Smith Barney as a generalist in the Mergers and Acquisitions Investment Banking group. Mr. Segal graduated with highest honors from the Rutgers College of Engineering with a B.S. in Bio-Chemical Engineering.