Riverstone Snags Former BP Chief

Aug 28 2007 | 10:56am ET

Private equity firm Riverstone Holdings has hired John Browne, the former chief executive of BP PLC, as a managing director of Riverstone Europe. Riverstone said it will be opening a London office where Browne will be based.

David Leuschen and Pierre Lapeyre, Jr., co-founders of Riverstone Holdings, said, “We’ve known, worked with and respected John Browne for nearly 25 years. We are looking forward to Lord Browne helping us expand our existing energy practice and identifying new opportunities in the alternative and renewable energy markets.”
 
Riverstone Holdings was founded in 2000 and invests in the midstream, upstream, power, oilfield services, and renewable sectors of the energy industry.


In Depth

Fund Focus: Asian Frontier Capital Offers U.S. Investors Access To Untapped Markets

Mar 2 2015 | 6:47am ET

Hong-Kong based asset manager Asian Frontier Capital is making a capital raising...

Lifestyle

Hedge Fund Manager Out as Minnesota Wild Minority Owner

Feb 25 2015 | 2:45pm ET

New York hedge fund manager Philip Falcone is no longer a minority owner of the...

Guest Contributor

Risk Management: The Due Diligence Challenge And Branding Opportunity

Mar 2 2015 | 8:41am ET

The hedge fund firms that make it easier for prospective investors to gain comfort...

 

Editor's Note