Meritage is backed by private equity commitments from Riverstone Holdings LLC ("Riverstone"). Riverstone is an energy and power-focused private investment firm founded in 2000 by David M. Leuschen and Pierre F. Lapeyre, Jr. with approximately $39 billion of equity capital raised. Riverstone conducts buyout and growth capital investments in the exploration and production, midstream, oilfield services, power and renewable sectors of the global energy industry. With offices in New York, London, Houston, Mexico City and Amsterdam, the firm has committed nearly $39 billion to 180 investments in North America, South America, Europe, Africa, Asia and Australia.