Yuri Larrabee Email

Director . First Reserve Corporation

Current Roles

Employees:
75
Revenue:
$17.9M
About
First Reserve is the leading private equity firm specializing in the energy industry with $4.7 billion under management in four funds. Throughout its 20-year history, First Reserve has developed a strong franchise of investing exclusively in the energy industry, utilizing its broad base of specialized industry knowledge. First Reserve believes that strategic diversification across a wide range of energy industry sectors has been a major contributor to the long-term, superior investment record achieved by the First Reserve Funds. First Reserve is an independently owned firm whose current management team, in place since 1983, has more than 250 years of energy investment experience. First Reserve’s latest partnership, First Reserve Fund X, closed with approximately $2.2 billion in February 2004. First Reserve has invested in excess of $2.7 billion through its first nine funds, the last four of which were buyout funds. The Firm has funded more than 80 principal transactions (core holdings) and completed more than 200 add-on acquisitions with its core companies. First Reserve currently manages a diversified portfolio of energy holdings with a market value in excess of $1.9 billion, net of distributions of approximately $2.0 billion. Currently, First Reserve has $2.5 billion of committed capital for new investments from First Reserve Funds IX and X. First Reserve targets investments of $50 million to $200 million in middle-market energy companies with enterprise values of $100 million to $2 billion. First Reserve’s investor base is predominately institutional and consists primarily of corporate and public retirement funds, endowments, and foundations.
First Reserve Corporation Address
262 Harbor Drive
Stamford, CT
United States
First Reserve Corporation Email
First Reserve Corporation Phone Numbers
+12036616601

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