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.”
About Pine Brook Road Partners
Pine Brook Road Partners, LLC, is a New York-based private equity firm established in 2006 by a team of experienced private equity professionals led by Howard Newman, former vice chairman of Warburg Pincus LLC, to make business building investments, primarily in the energy and financial services sectors.