Pine Brook Road Partners Names Craig Jarchow Managing Director
Brings Additional Investing and Operating Experience to Already
Deep Energy Team
NEW YORK, NY – September 12, 2007 – Pine Brook Road Partners
today announced it has named Craig Jarchow as managing director. Mr. Jarchow
has more than 15 years of experience in the energy business, in both
operations and investing roles.
Mr. Jarchow most recently served as a director at First Reserve Corporation,
a private equity firm with more than $12 billion under management that specializes
in the energy business. Prior to joining First Reserve, Mr. Jarchow
was an executive at Apache Corporation (NYSE: APA), where he served as an advisor
to the president and CEO, exploration manager for the Gulf Coast and
Gulf of Mexico, and director of International Exploration and
Business Development. Prior to Apache, Mr. Jarchow worked with Amoco Corporation,
an integrated major oil company.
Mr. Jarchow holds a Ph.D. and an M.S. in geophysics from Stanford University
and an M.B.A. from the MIT Sloan School of Management. He is a senior
lecturer at the Sloan School, a Fellow of the Geological Society of America,
and serves on the Stanford School of Earth Sciences Petroleum Investments Committee.
“We are pleased to have attracted such a strong industry talent to our
organization and welcome Craig to Pine Brook,” said Howard H. Newman, president and
CEO. “Craig brings a wealth of experience, which will prove invaluable,
as we continue to partner with our management teams to build businesses in selected
undervalued or overlooked sectors of the global energy industry.”
“I am thrilled to join the senior management team of Pine
Brook,” added Mr. Jarchow. “Pine Brook is one of the leaders
in investing in energy businesses, with experienced professionals that have unique
industry exposure investing in both start-ups and established businesses across
various business cycles. I look forward to helping build a world-class
investment portfolio for the firm and for its limited partners.