Mon, Jul 8, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

First Reserve taps Tomlin to co-lead capital formation

Wednesday, February 21, 2024
Opalesque Industry Update - First Reserve, a leading global private equity investment firm exclusively focused on investing across diversified energy, utility, and general industrial end-markets, today announced that Todd Tomlin has joined the firm as Managing Director. He will serve as Co-Head of Capital Formation alongside Ed Bialas, Managing Director and Co-Head of Capital Formation.

In this role, he will help lead the firm's ongoing fundraising and investor engagement efforts across private equity and real assets strategies. He will also work closely with the First Reserve leadership team to develop and execute on its long-term capital formation strategy, expanding and enhancing the firm's institutional relationships and diversified investor base around the world.

The First Reserve Managing Partners commented, "As we continue to build upon the momentum across the firm and capitalize on the broad range of compelling opportunities created by the Evolving Energy Economy, we are pleased to attract a leader of Todd's caliber to expand our capital formation and investor engagement capabilities. His leadership and capital raising expertise across middle-market, sustainability-focused energy, and industrial strategies are a natural fit for First Reserve, and will make Todd a valuable addition to our team."

Mr. Tomlin most recently served as Managing Partner of Turnbridge Capital Partners, a private equity firm he co-founded, which targets investments in middle-market companies that provide operational and sustainability solutions to global participants in the energy and infrastructure end-markets. Prior to Turnbridge, Mr. Tomlin was an investment banker at Donaldson, Lufkin & Jenrette. He currently serves on the boards of Brigade Energy Services, a domestic provider of well intervention services, and Cimarron, an emissions controls and solutions provider for the global fullstream and biogas markets.

"I have known the First Reserve team for many years and have great respect for the firm's heritage and influential presence as a leading investor in the energy, utility, and industrial end-markets," said Mr. Tomlin. "With an exceptional team, best-in-class investment processes and a portfolio of high-quality businesses helping to shape today's landscape in these core markets, First Reserve is well positioned to continue to expand its global capital raising and investor engagement initiatives, and I am excited to help spearhead those efforts alongside Ed and the rest of the team."

"With our legacy, network, and experience, we are well positioned to deliver compelling investment opportunities in the Evolving Energy Economy to our partners. I am excited to partner with Todd to drive further momentum and growth across our investment strategies," said Ed Bialas.

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. The Big Picture: CTA focused on Chinese futures continues to shine[more]

    B. G., Opalesque Geneva: Many well-known CTA groups have been investing in the China onshore commodity futures market opportunity as soon as it was possible. And foreign fund participation in this market is growing anew. One among them is Eagle, which has been active in the field for over 30 yea

  2. Opalesque Roundup: Emerging market hedge fund gains accelerate as AUM reaches highest level since 2Q 2022: hedge fund news[more]

    In the week ending June 28th 2024, industry figures showed that emerging markets hedge funds gains accelerated through mid-2Q, leading industry-wide regional performance with c

  3. Opalesque Exclusive: New convertible arb fund aims to do without old-school investing[more]

    B. G., Opalesque Geneva for New Managers: A new fund is revamping convertible arbitrage, one of the oldest hedge fund strategies, by adding a systematic layer to the common discretionary approach - where investment

  4. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1

  5. Other Voices: Will the tech boom feed the commodity cycle?[more]

    Reprinted with the permission of the author, Tim Pickering, founder and CIO of Canada-based quantitative investment manager Auspice Capital Advisors Ltd. Like many things within financial markets, the link between commodities and the overall economy and global stock markets is a bit o