Petrofac Sets Up $1.25 Billion Energy Fund With First Reserve

... adding as much as $250 million in assets and cash, the U.K.'s largest oil and gas engineer said in a statement. Greenwich, Connecticut-based First Reserve, one of the earliest private-equity firms to focus on energy, agreed to buy an interest in ...

http://www.bloomberg.com/news/2014-06-26/petrofac-sets-up-1-25-billion-energy-fund-with-first-reserve.html