First Reserve Announces New Hire

First Reserve, a global private equity firm focused on energy, said on Monday that it has hired Robert Hanna as a new asset manager. He will be working in the firm’s Houston office. Prior to joining First Reserve, Hanna served as a senior director of asset management at Consolidated Asset Management Services.

PRESS RELEASE

GREENWICH, Conn., LONDON and HOUSTON, June 3, 2013 /PRNewswire/ — First Reserve, the largest global private equity firm exclusively focused on energy, today announced that it expanded the Firm’s base of asset managers with the addition of 30-year industry veteran Robert Hanna. He joins the dedicated infrastructure investment team and brings extensive operational experience in all aspects of electricity supply and generation.
“For more than 30 years, First Reserve has been differentiated by much more than just exceptional financial acumen; we have deep operational expertise as represented by veteran asset managers that enable us to deliver more value in our investment management,” said Mark Florian , Head of Infrastructure at First Reserve. “We are excited to have Rob on board and expect that leveraging his long history in overseeing power and related energy assets will be a benefit to our team and our investments.”

Mr. Hanna most recently served as a senior director of asset management at Consolidated Asset Management Services (CAMS). As a portfolio manager, he was responsible for leading a team of asset managers, accountants and technical specialists to maximize the value of an 1100MW portfolio of peaking, combined cycle and cogeneration facilities. His career also included 16 years at Reliant Energy and its affiliates (now NRG Energy) where his responsibilities spanned both asset optimization as well as the commercial aspects of managing various power portfolios. He has extensive experience across the conventional power, renewable power and transmission/distribution industries.
Mr. Hanna joins the infrastructure investment team in the Houston office of First Reserve.
About First Reserve
First Reserve is the largest global private equity firm exclusively focused on energy. With 30 years of industry insight, investment expertise and operational excellence, the Firm has cultivated an enduring network of global relationships and raised more than USD $23 billion of aggregate capital since inception. Putting these to work, First Reserve has completed more than 450 transactions (including platform investments and add-on acquisitions) on six continents. Its portfolio companies operate in approximately 50 countries and span the energy spectrum, including resources, equipment and services, midstream / downstream and infrastructure. First Reserve has offices in Greenwich, CT; Houston; London and Hong Kong. Visit us at www.firstreserve.com for more information.