A certified Financial Risk Manager and University of Rhode Island alumnus with two graduate degrees, Timothy Kramer has extensive skill in safeguarding energy portfolios from risk while optimizing margins. Most recently the energy commodity commercial lead at Kindle Energy, a Blackstone portfolio company, Timothy Kramer developed hedging strategies for BX’s energy commodity portfolio and focused on debt service coverage ratio protection, portfolio immunization, and margin-collateral optimization. His efforts consistently added above-budget margins.
Several years earlier, Mr. Kramer worked at Blackstone as the prospective chief commercial officer of Dynegy Acquisition and formulated long-term hedging tactics. Additionally, he drove down margin requirements, revamped staffing through a 60-percent personnel-budget reduction, and created a hedge-removal program that achieved significant collateral-clawback optimization.
Prior to Blackstone, Mr. Kramer worked at other energy companies, including Conectiv Energy in Newark, Delaware. During his time there, he implemented trading and hedging strategies that decreased value at risk and grew budget by 50 percent. Additionally, he oversaw portfolio divestitures above forecast, which represented a significant increase in gross margin. Prior to that, Mr. Kramer managed energy portfolios at Ceritas Energy LLC in Houston, TX.