← DIRECTORY
First Reserve
- HQ
- Stamford, CT
- AUM
- $6.3B
- STRATEGY
- Private Equity
- SEC SINCE
- 2012
FUNDS
7
MEDIAN NET IRR
15.8%
MEDIAN TVPI
1.83x
LP SOURCES
9
FUNDS
| FUND | VINTAGE | COMMITMENT | NET IRR | TVPI | DPI | DIVERGENCE | SOURCES |
|---|---|---|---|---|---|---|---|
| First Reserve Fund XIII, L.P. | 2014 | $200M | -2.1% | 0.91x | 0.60x | — | |
| First Reserve Fund XII, L.P. | 2008 | $150M | -18.0% | 0.52x | 0.52x | — | |
| First Reserve Fund XI, L.P. | 2006 | $300M | -9.4% | 0.70x | 0.69x | — | |
| First Reserve Fund X, L.P. | 2004 | $100M | 31.0% | 1.83x | 1.83x | — | |
| First Reserve Fund IX, L.P. | 2001 | $75M | 48.1% | 2.85x | 2.84x | — | |
| First Reserve Fund VIII, L.P. | 1998 | $50M | 15.8% | 1.90x | 1.92x | — |
›1 FUND WITH LIMITED DATA
These funds appear in LP disclosures (typically commitment-only records) but lack reported performance metrics. Click any fund to see its underlying reports.
| FUND | VINTAGE | COMMITMENT | NET IRR | TVPI | DPI | DIVERGENCE | SOURCES |
|---|---|---|---|---|---|---|---|
| First Reserve Legacy Opportunities Fund | — | — | — | — | — | — |
DATA PROVENANCE
Every figure on this page comes from a public LP disclosure. The following pension systems reported on First Reserve.
| LP SOURCE | LATEST REPORT | REPORTS | DISCLOSURE |
|---|---|---|---|
| Dec 2025 | 2 | VIEW SOURCE ↗ | |
| Sep 2025 | 1 | VIEW SOURCE ↗ | |
| Sep 2025 | 2 | VIEW SOURCE ↗ | |
| Sep 2025 | 1 | VIEW SOURCE ↗ | |
| Sep 2025 | 6 | VIEW SOURCE ↗ | |
| Jun 2025 | 3 | VIEW SOURCE ↗ | |
| Jun 2025 | 74 | VIEW SOURCE ↗ | |
| Jun 2025 | 3 | VIEW SOURCE ↗ | |
| Jun 2025 | 3 | VIEW SOURCE ↗ | |
NYC Police PFmanager list | Jun 2025 | — | VIEW SOURCE ↗ |
Texas TRSmanager list | Aug 2024 | — | VIEW SOURCE ↗ |