First Reserve announced that it is celebrating its thirtieth year in global energy investing, making it the oldest and largest global private equity firm exclusively focused on energy.
Having begun their careers in energy investing in the early 1970s, William Bill Macaulay and John Hill co-founded First Reserve in 1983 with the takeover of several distressed private energy funds.
Since that time, the Firm has raised more than $23bn of aggregate capital since inception and now maintains the largest energy-focused private equity investment team in the industry. Its 41 active portfolio companies in the Buyout Funds and Infrastructure Fund trade on five market exchanges and operate in approximately 50 countries.
