Riverstone Holdings
 |
|
| Private | |
| Industry | Private equity, Energy & Power |
| Founded | 2000 |
| Founder | Pierre F. Lapeyre, Jr. David M. Leuschen |
| Headquarters |
712 5th Avenue New York, New York, United Statest |
| Products | Leveraged buyout, Growth capital |
| Total assets | $34 billion |
|
Number of employees
|
100+ |
| Website | www.riverstonellc.com |
Riverstone Holdings is a multinational private equity firm based in New York City focused on leveraged buyout, growth capital, and credit investments in the Energy industry and Electrical power industry sectors. The firm focuses on oil and gas exploration, midstream pipeline, electric generation, energy and power services as well as energy and power technology and also invests in renewable energy infrastructure and technology. Riverstone has raised approximately $34 billion since the firm's inception in 2000.
Riverstone was founded by Pierre F. Lapeyre, Jr. and David M. Leuschen, who had been instrumental in the formation of the Goldman Sachs Global Energy & Power Group in the mid 1980s.
The firm is based in New York and has offices in Houston, London, and Mexico City. Riverstone and Carlyle closed on their first fund with $222 million of commitments in 2001. In June 2004, the firms completed fundraising for Carlyle/Riverstone Global Energy & Power Fund II, with $1.1 billion of investor commitments, almost five times the size of the first fund. In 2006, Riverstone and Carlyle raised a pair of funds, including the third in its series of main funds, Carlyle/Riverstone Global Energy and Power III, which raised $3.8 billion of capital. The two firms also raised their first renewable energy focused fund, Carlyle/Riverstone Renewable Energy Infrastructure Fund I, with $685 Million.
Also in 2006, Riverstone was a member of a consortium of private equity firms including Goldman Sachs Capital Partners and Carlyle Group that completed the $27.5 billion (including assumed debt) acquisition of Kinder Morgan, one of the largest pipeline operators in the US. The buyout was backed by Richard Kinder, a former president of Enron.
...
Wikipedia