First Reserve hires former CP Eaton exec for IR

Chris Pietersen will become vice president in investor relations and co-investment in the energy-focused firm's London office.

First Reserve Corporation, the energy-focused private equity firm, recently hired former CP Eaton executive Chris Pietersen as vice president, investor relations and co-investment. Pietrson will work out of the firm's London office.

Pietersen also worked in the private funds group at UBS where he was responsible for private equity and infrastructure fundraising, and General Atlantic, where he worked on deals.

Pietrson’s appointment followed the close of First Reserve’s Fund XII, a $9 billion global buyout fund for the energy sector, the largest ever raised by First Reserve, according to the statement.

The firm also is in the market raising an infrastructure fund targeting $1.5 billion and has already reached a first close on $500 million toward that goal, according to information published by PE Insider.

In related news, Global Infrastructure Partners has hired former Carlyle executive Susan Healy as its global head of investor relations for the $5.64 billion infrastructure investment firm.

Healy, a principal at the firm, took up the position this month, according to her LinkedIn profile. She is based in New York.

Previously, she worked at Australian investment bank Babcock & Brown where she served in investor relations and fundraising roles for the firm’s unlisted infrastructure funds. Prior to that, she spent 13 years at The Carlyle Group as department head of investor relations management.

For Global Infrastructure Partners, Healy’s hire comes just as the firm is said to be thinking about its second infrastructure fund. Speaking with Infrastructure Investor last year, Joe Blum, the firm’s general counsel said the firm was preparing to launch its second infrastructure fund in 2010.