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Riverstone Announces Strategic Minority Investment by Goldman Sachs

05.05.17

Simpson Thacher represented Riverstone Holdings LLC (“Riverstone”) in connection with the acquisition of a minority interest in Riverstone by Goldman Sachs Asset Management’s Petershill fund. Additional terms of the transaction were not disclosed.

Riverstone is an energy and power-focused private investment firm that conducts buyout and growth capital investments in the energy industry.

The Simpson Thacher team included Elizabeth Cooper, Jonathan Stradling, Geraldine Rothschild and Ashleigh Taylor (M&A); Glenn Sarno, Peter Gilman, Steven Homan, Wei Guo, Erica Temel, Jason Feldman and Dennis De Almeida (Funds); Edward Chung (Corporate); John Creed and Sophie Staples (Tax); Jeanne Annarumma (ERISA); Jennifer Pepin (Executive Compensation and Employee Benefits); Mark Chorazak (Regulatory); and Lori Lesser (Intellectual Property).