About First Reserve

Energy investment focus across the global energy value chain

First Reserve is a leading global private equity investment firm exclusively focused on energy. With 40 years of industry insight, investment expertise and operational excellence, the Firm has cultivated an enduring network of global relationships and raised more than USD $32 billion of aggregate capital since inception.  First Reserve has completed over 750 transactions (including platform investments and add-on acquisitions), creating several notable energy companies throughout the Firm’s history. Its portfolio companies have operated on six continents, spanning the energy spectrum from upstream oil and gas to midstream and downstream, including resources, equipment and services, and associated infrastructure.

First Reserve invests in targeted sectors throughout the energy industry through its Private Equity platform:

Private Equity 

A diverse energy-related investment portfolio with a “buy-and-build” strategy driven by growth equity.  These funds seek to drive value creation in partnership with experienced management teams.


Celebrating four decades of global energy investing