Investment Strategy
First Reserve’s investment strategy has been refined through decades of investing exclusively in the energy industry. We focus on theme-based investments in core segments of the energy industry where our team has deep knowledge.
Private Equity Funds
First Reserve’s Private Equity Funds often invest with a growth equity strategy, seeking value creation through a “buy and build” model. With a focus on aligning interests to achieve optimal risk-adjusted returns, we seek to back what we believe are industry-leading management teams. The Private Equity Funds invest diversely across three core sectors:
- Onshore / Offshore
- Oil and Natural Gas exploration and production
- Focus on lower-cost, unconventional opportunities
- Often backing management teams repeatedly
- Completion and Production
- Manufacturing
- Transportation and maintenance
- Support of energy industry activity through utilization of technology and efficiency
- Pipelines, gathering, processing
- Shipping, storage, fabrication
- Refining and petrochemical
- Process and transport hydrocarbons from center of supply to center of demand
$32+
billion
