KeVIN Cumming

Ken Cummings

Name: Kevin Cumming

Scholarship Year: 2007

Professional Background: Partner, Juniper Capital Advisers; Co-Founder Expedition Water Solutions; previously, more than 10 years in corporate finance roles in the energy and investment banking sectors

Education:  University of Texas at Austin – Bachelor of Business Administration (BBA); Rice University – Master of Business Administration

About Kevin Cumming and his company: Cumming is the inaugural recipient of the TBHF Scholar Alumni of the Year Award, presented at the group’s Scholar Alumni Association Annual Breakfast in October. He is a partner at energy investment firm Juniper Capital Advisers in Houston.

Cumming, who started his second stint with Juniper Capital in 2014 as it began to transition from a family office to a full-fledged private equity investment firm, has been instrumental in growing the firm to $1.2 billion in cumulative equity commitments. Juniper raises capital from institutional investors (college endowments, charitable foundations and pension plans) and high-net-worth individuals, and invests that capital into upstream-focused private companies… essentially, entrepreneurs who lease mineral acreage and drill and operate oil and gas wells in the Lower 48.  

Juniper Capital raised a $500 million fund in 2015-2016, a $677 million fund in 2017-2018, and has made 15 portfolio investments across both funds that have resulted in the creation of many private oil and gas companies that directly employ approximately 40 Texans. The compounding effect of those investments is the employment of hundreds of other Texans with whom Juniper’s portfolio companies do business.

Juniper is not Cumming’s first entrepreneurial endeavor since receiving a TBHF scholarship in 2007. He successfully co-founded Expedition Water Solutions, a company that provides oilfield wastewater disposal services in the DJ Basin in Colorado and the Powder River Basin in Wyoming. Today, the company has more than 100 employees and is valued at approximately $100 million.

Cumming is father to two sons – one a freshman at Princeton University, and another who attends high school in Houston.

He is active in his church (Ecclesia) and the community in which he lives. He also gives much of his time to Rice University, the University of Texas, the Texas Business Hall of Fame, and several other non-profit organizations.

He sat down for an interview with the Scholar Alumni Association. To learn more about his exemplary journey and how it might apply to your own entrepreneurial and philanthropic endeavors, click here.