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

The Benefits Of Private Debt Investing

May 7 2015 | 10:43am ET

Jeffrey Haas is chief operating officer of Old Hill Partners Inc., an SEC-registered...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

How To Generate 6% Yield In A Volatile World

May 22 2015 | 6:41am ET

Private credit comes in many different flavors, all with the common themes of over...

 

Sponsored Content

Editor's Note