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  • First Reserve promotes three
    Amanda Janis- 4 January 2013

    Two of the energy-focussed firm’s deal originators and a capital markets specialist have been promoted to director, as the firm continues to deploy capital from its $8 billion fund.

  • Pine Brook hires First Reserve pro(4)
    Amanda Janis- 4 January 2013

    Former First Reserve director Craig Jarchow has been hired by Pine Brook Road, the New York firm led by former Warburg Pincus vice chairman, Howard Newman.

  • Pine Brook hires First Reserve pro(3)
    Amanda Janis- 4 January 2013

    Former First Reserve director Craig Jarchow has been hired by Pine Brook Road, the New York firm led by former Warburg Pincus vice chairman, Howard Newman.

  • Pine Brook hires First Reserve pro(2)
    Amanda Janis- 4 January 2013

    Former First Reserve director Craig Jarchow has been hired by Pine Brook Road, the New York firm led by former Warburg Pincus vice chairman, Howard Newman.

  • Private equity returns 32% for Virginia Retirement(3)
    Jennifer Harris- 4 January 2013

    Private equity generated the highest return of VRS’ assets, outperforming the overall fund by 11.6 percentage points.

  • Private equity returns 32% for Virginia Retirement(2)
    Jennifer Harris- 4 January 2013

    Private equity generated the highest return of VRS’ assets, outperforming the overall fund by 11.6 percentage points.

  • Private equity returns 32% for Virginia Retirement
    Jennifer Harris- 4 January 2013

    Private equity generated the highest return of VRS’ assets, outperforming the overall fund by 11.6 percentage points.

  • Riverstone-led consortium in energy deal
    Sushil Cheema- 4 January 2013

    A group consisting of Riverstone, First Reserve and Lehman Brothers Co-Investment Partners has made plans to buy infrastructure products maker Dresser for an undisclosed amount.

  • First Reserve, shipping vet launch $300m venture
    Jennifer Harris- 4 January 2013

    First Reserve has committed $300 million to a joint venture with former OMI chief executive Craig Stevenson, formed to pursue energy-related shipping investments.

  • First Reserve in $455m quick exit(3)
    Amanda Janis- 4 January 2013

    Energy-focussed private equity firm First Reserve will receive $455 million for Ohmstede, a refinery services company it acquired 14 months ago.