Investor Type | Firm |
Type of Fund | Private Equity Fund |
Industries | IT (& TMT) • BioTech • FinTech (& Financials services) • Energy • IoT (& Wearables) • CleanTech • AR/VR • Medical Devices (& Hospital Services) |
Stages | MBO/LBO, Acquisition |
Investing | United States • Canada • Australia • Mexico • South Africa • China • Latin America • Europe • Asia |
Investment Range | $50,000,000 - $1,500,000,000 |
Assets Under Management | $32,000,000,000 |
First Reserve is an independently owned firm whose current management team, in place since 1983, collectively has more than 300 years of energy investment experience. The firm has invested $18 billion and made over 100 platform acquisitions, First Reserve is the oldest and largest buyout group to focus exclusively on a strategy of diversified energy investments. First Reserve invests in a broad range of segments within the energy industry including: (i) Oilfield Services, such as drilling service providers and wellhead equipment manufacturers; (ii) Energy Infrastructure and Power, such as firms that engineer LNG and natural gas processing facilities or produce power; and (iii) Energy Reserves, such as oil, natural gas, coal producers, as well as uranium, iron ore and other minerals. First Reserve's partnership, First Reserve Fund XI, closed with approximately $8 billion in July 2006. First Reserve funds have completed principal transactions with an aggregate total value of over $10 billion. First Reserve generally targets investments in global energy companies with enterprise values of up to $10 billion. First Reserve maintains additional offices in Houston and London.