In 1977, after graduating from Dartmouth’s Tuck School of Business, David Leuschen moved to New York and started work at Goldman Sachs. After several years with the company, David was asked to specialize in energy. In 1982 he founded the Goldman Sachs Energy and Power Group and became the head of the group in 1985. David was responsible for expanding Goldman’s energy and power investment banking practice. Under his lead, it grew to be one of the industry’s leading franchises. In 2000, David Leuschen left Goldman after 22 years to start Riverstone Holdings, a private equity firm focusing on growth capital investments in the power and energy sectors. In the past 14 years, Riverstone has grown to be a leading investor in the conventional and renewable energy business. Some of the company’s latest news and press releases can be found below.
Houston, TX (July 29, 2010) – Quorum Business Solutions, Inc., a leading provider of business and information technology solutions for the oil, gas, and renewable energy industry, today announced that The Carlyle Group, the global alternative asset manager, and Riverstone Holdings LLC, the energy‐focused private equity firm, have made a significant capital investment in the company. Financial terms were not disclosed.…
Continue Reading...Fort Worth, Texas and New York, NY (May 4, 2010) – The Riverstone/Carlyle Global Energy and Power Funds, a group of energy-focused private equity funds managed by Riverstone Holdings LLC (“Riverstone”), announced today that, together with a Fort Worth, Texas based private investor group and management, it has committed $200 million to Enduro Resource Partners LLC (“Enduro” or “the Company”). Enduro, a private company based in Fort Worth, will be led by a team of experienced and successful oil and gas professionals including Jon S. Brumley (“Jonny Brumley”) and John Arms. Riverstone …
Continue Reading...Austin, TX and New York, NY (April 15, 2010) – The Riverstone/Carlyle Global Energy and Power Funds, a group of energy-focused private equity funds managed by Riverstone Holdings LLC (“Riverstone”), announced today that it will make a strategic investment in Three Rivers Operating Company LLC (“Three Rivers” or the “Company”), a private upstream oil & gas company based in Austin, Texas. Separately, Three Rivers will acquire certain assets of Chesapeake Energy Corporation (“Chesapeake”). The assets are primarily located in the Permian Basin of West Texas and Southeast New Mexico. Terms of the …
Continue Reading...London, UK and Sydney, Australia (February 16, 2010) – The Riverstone/Carlyle Global Energy and Power Funds, a group of energy-focused private equity funds managed by Riverstone Holdings LLC (“Riverstone”), announced today that it has made a strategic investment in Cuadrilla Resources (“Cuadrilla” or the “Company”).…
Continue Reading...(January 21, 2010) – Riverstone Holdings LLC’s (“Riverstone”) most recent renewable energy fund has successfully completed its previously announced acquisition of Seajacks International (“Seajacks”), for a total cash consideration of US$207 million.…
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