Co-Founder and Chairman/CEO
Hugh S. Short co-founded Pt Capital in January 2013. Mr. Short provides Fund investment oversight for both deployment and post-purchase management. He leads capital raises for the Fund and guides overall firm strategy. Mr. Short has 20 years of executive level experience and has closed $920 million in debt and equity investments in oil and gas, telecommunications, hospitality, real estate, and infrastructure throughout the target region.
In addition to his role at Pt Capital, Mr. Short currently serves as the Vice-Chairman of the Alaska Gasline Development Corporation, a state-owned entity responsible for the commercialization of Alaska’s tremendous source of gas to Alaskans and global markets.
Prior to co-founding Pt Capital, Mr. Short was president and CEO of Alaska Growth Capital BIDCO, Inc., a subsidiary of Arctic Slope Regional Corporation. Alaska Governor Sean Parnell appointed Mr. Short to the Alaska Industrial Development Authority (AIDEA) and the Alaska Energy Authority in 2011. He was appointed chairman of AIDEA and led the multi-billion state-owned investment bank. During his two-year tenure as chairman, more than a half a billion dollars in capital and associated contributions by partners were appropriated; in addition, the board approved due diligence on another $295 million in infrastructure development projects, including the first investments in offshore drilling rigs.
Mr. Short is an Inupiaq, also served as the mayor of Bethel, Alaska from 2002 to 2004, and is a board member for Rural Energy Enterprises. Mr. Short received a Bachelor’s in political science from the University of Alaska Anchorage.