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

Q&A: Fund Administration Comes To The Cloud

Jul 14 2017 | 7:23pm ET

The fund administration sector has been steadily implementing new technology, such...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...

 

From the current issue of