Manager
First Reserve
Private EquityReal Assets
Funds with performance
9
LP investors
20
Public LPs disclosing at least one fund
SEC regulatory AUM
$6.31B
As of 2026-10-29
The franchise by vintage
Funds disclosed by public LPs, by strategy and vintage year. Dot area is the number of funds raised that year.
Funds
Funds managed by First Reserve
Fund Name | Strategy | Sub-Strategy | Geography | Vintage | IRR | TVPI | DPI | As-of Date | Gross AUM | LPs |
|---|---|---|---|---|---|---|---|---|---|---|
| First Reserve Ascent Opportunities Fund, L.P. | Private Equity | — | — | 2025 | 64.1% | 1.62x | 0.09x | 2026-03-31 | — | 1 |
| First Reserve Energy Infrastructure Fund | Real Assets | Infrastructure | North America | 2010 | -2.0% | 0.93x | 0.89x | 2023-12-31 | $814.6M | 1 |
| First Reserve Fund IX, L.P. | Real Assets | Natural Resources | Global | 2001 | 48.1% | 2.85x | 2.84x | 2026-06-30 | — | 3 |
| First Reserve Fund VIII, L.P. | Real Assets | Natural Resources | Global | 1998 | 15.8% | 1.90x | 1.92x | 2026-03-31 | — | 2 |
| First Reserve Fund X, L.P. | Real Assets | Natural Resources | Global | 2004 | 31.0% | 1.83x | 1.83x | 2026-06-30 | — | 7 |
| First Reserve Fund XI, L.P. | Real Assets | Natural Resources | Global | 2006 | -10.7% | 0.66x | 0.66x | 2026-06-30 | — | 16 |
| First Reserve Fund XII, L.P. | Real Assets | Natural Resources | Global | 2008 | -16.4% | 0.55x | 0.55x | 2026-06-30 | — | 16 |
| First Reserve Fund XIII, L.P. | Real Assets | Natural Resources | Global | 2014 | -2.4% | 0.90x | 0.77x | 2026-06-30 | $0 | 5 |
| First Reserve Legacy Opportunities Fund | Private Equity | Buyout | North America | 2022 | 100.0% | 5.72x | 1.51x | 2025-03-31 | — | 2 |
LP Investors
Limited partners invested in First Reserve funds