Aberdeen, Scotland, and New York, New York (October 23, 2014) – Riverstone Holdings LLC, a leading energy and power-focused private equity firm, and Proserv Group Inc, based in Aberdeen, Scotland, announced today the signing of a definitive agreement pursuant to which Riverstone Global Energy and Power Fund V, L.P., in partnership with Proserv management, has agreed to acquire 100% of the shares of Proserv from investment funds affiliatedwith Intervale Capital (“Intervale”), Weatherford International (“Weatherford”) and certain minority shareholders. Financial terms of the transaction were not disclosed. The transaction is subject to certain …
Continue Reading...New York, New York (June 19, 2013) —Riverstone Holdings LLC (“Riverstone”), a leading energy and power investment firm, has closed its latest conventional energy private equity fund, Riverstone Global Energy and Power Fund V, L.P. (“Fund V”), with total commitments of $7.7 billion. The Fund’s original target was $6 billion.…
Continue Reading...New York and Houston (April 4, 2012) – Talos Energy LLC (“Talos”) today announced that it has partnered with investment funds affiliated with Apollo Global Management, LLC (NYSE: APO; collectively with its subsidiaries, “Apollo”) and Riverstone Holdings LLC (“Riverstone”), to form a new company with up to $600 million of equity commitments focusing on oil and gas opportunities in the Gulf Coast and Gulf of Mexico regions.…
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”).…
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