New York, NY and London, UK (January 9, 2015) – Riverstone today announced the formation of Riverstone Credit Opportunities, L.P. (“RCO”). RCO is a newly created portfolio company formed to take advantage of the current dislocation in the leveraged capital markets for energy companies. Riverstone has committed $375 million to RCO, which is comprised of up to $250 million from Riverstone Global Energy and Power Fund V (“Fund V”) and up to $125 million from Riverstone Energy Limited (“REL”).
RCO is being advised by Riverstone’s credit investment team, led by Christopher Abbate …
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