Goldman fund picks up piece of energy investment firm for $500M

1 Houston

Houston News & Search

1 News - 1 eMovies - 1 eMusic - 1 eBooks - 1 Search

A Goldman Sachs Group Inc. fund is set to pay $500 million for a 12 percent stake in energy investment firm Riverstone Holdings. According to The Wall Street Journal, the transaction values Riverstone at more than $4 billion. Both Goldman and Riverstone are based in New York, but Riverstone’s other U.S. office is in Houston. The deal reunites Riverstone’s founders with their old Goldman energy team. Prior to launching Riverstone in 2000, David Leuschen and Pierre Lapeyre Jr. worked at the New York…


1 Houston

Houston News & Search

1 News - 1 eMovies - 1 eMusic - 1 eBooks - 1 Search


Facebooktwitterredditpinterestlinkedinmail

Facebooktwitterlinkedinrssyoutube

Leave a Reply