STAMFORD, Conn. and HOUSTON, Aug. 5, 2024
/PRNewswire/ -- First Reserve, a leading global private equity
investment firm focused on investing across energy, utility, and
general industrial end-markets, today announced the promotion of
Rohit Agarwal to Vice President,
effective June 30, 2024.
Mr. Agarwal joined First Reserve in 2020 and serves as an
important member of the firm's private equity investment team. He
has made significant contributions to a number of investment funds
and portfolio companies, including Refuel, USA DeBusk and Hoover Circular Solutions.
Previously, he was part of the Energy & Power investment
banking division at Piper Sandler, formerly known as Simmons Energy
| A Division of Piper Sandler. Mr. Agarwal holds a B.B.A. and a
Master's in Financial Management from Texas
A&M University.
The First Reserve Managing Partners commented, "As a firm, our
success is underpinned by our approach to developing and empowering
a homegrown, best-in-class team and culture that prioritizes
partnership, collaboration and a deep understanding of the Evolving
Energy Economy. Rohit exemplifies our approach to creating value
for our investors and the businesses we partner with. He has been a
valuable member of our investment team since joining First Reserve
in 2020, and we congratulate him on this exciting milestone as he
continues to take on a larger role within our firm."
About First Reserve
First Reserve is a leading global private equity firm investing
across energy, utility, and industrial markets. Founded in 1983,
First Reserve has more than 40 years of industry insight and has
cultivated a differentiated network of relationships and portfolio
exposure. Since inception, First Reserve has raised over
$34 billion of aggregate capital and
has developed operational expertise built from over 750
transactions, including platform investments and add-on
acquisitions. Please visit www.firstreserve.com for further
information.
Contacts
Erik Carlson / Madeline Jones
Joele Frank, Wilkinson Brimmer Katcher
212.355.4449
FirstReserve-JF@joelefrank.com
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SOURCE First Reserve