Riverstone Raises $7.7B for Energy Fund

Investments range from last year's $7.15 billion acquisition of El Paso Corp.'s exploration and production unit, which it made with Apollo Global Management and other partners, to the $825 million purchase of Utex Industries Inc., a Houston maker of gaskets for the energy industry, announc...

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Bibliographic Details
Published inLBO Wire
Main Author By Ryan Dezember
Format Trade Publication Article
LanguageEnglish
Published New York Dow Jones & Company Inc 19.06.2013
Subjects
Energy industry
Investment policy
Operating companies
Petroleum industry
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Summary:Investments range from last year's $7.15 billion acquisition of El Paso Corp.'s exploration and production unit, which it made with Apollo Global Management and other partners, to the $825 million purchase of Utex Industries Inc., a Houston maker of gaskets for the energy industry, announced in March.