Founded in 1983, First Reserve is a leading global private equity firm investing across energy, utility, and industrial markets. Throughout our history, we have raised over $34 billion of aggregate capital investment and have developed operational expertise built from over 750 transactions, including platform investments and add-on acquisitions, on six continents. First Reserve has built an enduring network of global relationships in our target markets, which we believe is an important advantage in proprietary sourcing, evaluating opportunities and growing the value of our investments.
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The First Reserve annual revenue was $20.4 million in 2026.
Paul Steen is the Managing Director of First Reserve.
50 people are employed at First Reserve.
First Reserve is based in Stamford, Connecticut.
The NAICS codes for First Reserve are [21, 2111, 211, 525, 52, 21112].
The SIC codes for First Reserve are [13, 67, 131, 672].