Riverstone Snags Former JPMorgan Managing Director

Aug 9 2007 | 1:48pm ET

Riverstone Holdings, a $9 billion private equity shop specializing exclusively in the energy and power sectors, has hired Elizabeth Weymouth as a managing director. Weymouth will oversee Riverstone’s investor relation initiatives and lead the firm’s fundraising efforts. She will also participate on the firm’s investment committee and in the oversight of certain portfolio companies.

She joins Riverstone from JPMorgan Private Bank, where she most recently served as managing director and head of investment business in the U.S. northeast.

“We are very pleased that Elizabeth has joined us as a Managing Director to apply her considerable talents and experience to further drive Riverstone’s growth,” said David Leuschen and Pierre Lapeyre, co-founders of Riverstone Holdings. “We have long recognized the importance of maintaining a true partnership with our investors, particularly by providing them with timely, high-caliber information and high-level access. In Elizabeth, we believe we have found the right person to lead our investor relations, communications and fundraising functions, which are critical in supporting the continued success of the firm.”

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