First Reserve.
Follow First ReserveFirst Reserve is a private equity firm, founded in 1983, that invests in infrastructure and resources strategies across energy, utility and industrial markets. It has raised more than $35 billion since inception.[1]
Firm profile
- Strategy
For Carrywatch Pro members.
- Exits
2 deals on Carrywatch. For Carrywatch Pro members.
Deals on Carrywatch
Every deal that names First Reserve, and its role in each.
The Riverside Company / Hoover Circular Solutions
Riverside acquires Hoover Circular Solutions from First Reserve
See deal detailsCrane Company / Trillium Flow Technologies' U.S. pumps business
Crane Company agreed to buy the U.S. pumps business of First Reserve-backed Trillium Flow Technologies for approximately $240 million, both sides announced Sept. 14, 2026.
See deal detailsIdentity
- Legal name
- First Reserve Management, L.P. Adviser registration 8 May 2026
- Registration
- Registered adviser
- CRD
- 157056
- File number
- 801-73789
Portfolio
| Company | Status | Deal | Date | Source |
|---|---|---|---|---|
| Hoover Circular Solutions | Exited | The Riverside Company / Hoover Circular Solutions | 5 Nov 2026 | The Riverside Company 5 Nov 2026 |
| Trillium Flow Technologies' U.S. pumps business | Exited | Crane Company / Trillium Flow Technologies' U.S. pumps business | 14 Sep 2026 | x.com 14 Sep 2026 |
Deal Web
First Reserve and 5 firms it shares a posted deal with, and the path to any other firm.
People
People on Carrywatch linked to First Reserve. Current and Former come from sourced profiles; a role that only appears in a post is shown as stated, with its status not confirmed.
News
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Sources
As of 25 Sep 2026.
- 01About | Overview
First Reserve · Researched 25 Sep 2026
Deal posts naming First Reserve:
- P01
- P02