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Federal government appoints a fresh senior advisor in the Department of Education's loan division

McClure, previously with Commerce Street Capital, joins the agency.

New senior advisor joins the management team at the Department of Education's loan office
New senior advisor joins the management team at the Department of Education's loan office

Federal government appoints a fresh senior advisor in the Department of Education's loan division

Financial Advisor Jeff McClure Joins Department of Energy's Loan Programs Office

Jeff McClure, a seasoned financial adviser, has made a notable career move, leaving his position as a managing director at Commerce Street Capital to join the Department of Energy's (DOE) Loan Programs Office.

McClure, who joined Commerce Street Capital in 2021, had a successful tenure at the Dallas-based investment firm. However, the reasons for his departure remain unclear as Commerce Street Capital did not respond to a request for comment regarding his resignation.

Prior to his time at Commerce Street Capital, McClure worked at AssuredPartners and other firms, accumulating a wealth of experience in the financial industry. The search results do not provide information about McClure or his work prior to his position in the Loan Programs Office of the Department of Energy.

In his new role, McClure will serve as a senior adviser. The DOE confirmed his resignation from Commerce Street Capital. McClure was unreachable on Thursday for further comments about his new position.

Commerce Street Capital, an investment firm, targets oil and gas companies and various other industries. While the specifics of McClure's role at the firm are not widely known, his departure marks a significant change for the company.

As for the Department of Energy, McClure's financial expertise is expected to contribute positively to their Loan Programs Office, which provides loans, loan guarantees, and other forms of financial assistance for innovative energy and energy efficiency projects.

This transition in McClure's career underscores the ongoing importance of financial advisers in shaping the future of energy and the economy. As McClure settles into his new role, the industry eagerly awaits the impact of his expertise and experience in the energy sector.

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