First Reserve Promotes Chris Ortega

First Reserve Corp. has promoted Chris Ortega to director. He joined the firm in 2007 from Greenhill Capital Partners, and focuses on the mining and oil field service sectors.


First Reserve Corporation, the leading private equity firm specializing in the energy industry, today announced the promotion of Chris Ortega to Director, as of January 1, 2009. Chris is one of the firm’s 67 investment  professionals whose expertise covers all of the sub-sectors of the energy industry, on a global basis.

Ortega joined First Reserve in 2007.  His responsibilities range from deal origination and structuring to due diligence, execution and monitoring with particular focus on the mining and oil field service sectors of the global energy industry.  Prior to joining First Reserve, Chris was a Vice President at Greenhill Capital Partners.  He has also worked at Lazard Freres & Co. as an Analyst in the Mergers and Acquisitions Department.  Chris most recently worked on the DOF Subsea acquisition, which was closed last month, making it one of the few large investments made by a buyout firm in the 4th quarter of 2008.

William E. Macaulay, Chairman and CEO of First Reserve Corporation, said, “Chris has been an integral member of our deal team and has played a meaningful role in First Reserve’s growth and success.  His outstanding contribution to the firm has helped First Reserve maintain the significant momentum that it has generated in the past Chris is a wonderful example of the high level of talent we have been able to attract and retain at First Reserve.”

Mr. Ortega holds an A.B. degree, Magna Cum Laude, in Social Studies from Harvard College. He also holds an M.B.A from Harvard Business School and a J.D., Magna Cum Laude, from Harvard Law School.

About First Reserve

First Reserve is the world’s leading private equity firm in the energy industry. For more than 25 years, it has invested solely in the global energy industry, and has developed an unparalleled franchise, utilizing its broad base of specialized energy industry knowledge as a competitive advantage. First Reserve invests strategically across a wide range of energy industry sectors, developing a portfolio that is diversified across the energy value chain, backing talented management teams and building value by building companies. Further information is available at