Riverstone Holdings, an energy and power-focused private equity firm, has announced that Peter R. Coneway has joined the firm as a managing director.
Coneway will be based in Houston focused on sourcing, structuring and executing energy investments.
Prior to joining Riverstone, Coneway served as US Ambassador to Switzerland and Liechtenstein from 2006-2008. Coneway joined Goldman Sachs in 1969 after graduating with an MBA from Stanford University. He founded Goldman Sachs’ Houston office in 1975 and was named a general partner in 1978. He then established Goldman’s equities sales, trading and research division in Tokyo in 1987-1988 before returning to manage the Houston office.
In Texas, Coneway previously served on the Governor’s Business Council, as a member of The University of Texas System Board of Regents, and as chairman of the University’s M.D. Anderson Cancer Center Board of Visitors.
He is currently a trustee of The Museum of Fine Arts – Houston, a member of the board of trustees of the Texas Heart Institute and continues to serve as a member of the M.D. Anderson Board of Visitors.
David Leuschen, co-founder and senior managing director of Riverstone, says: ‘We have known and respected Pete for more than 30 years and welcome him to our firm. The experience and judgment he gained as a long-time general partner at Goldman Sachs and, most recently, his distinguished service to our nation as the US Ambassador to Switzerland and Liechtenstein will be invaluable as we build for the future.’
Coneway adds: ‘I am very excited about joining Riverstone which I believe is one of the premier energy businesses in the world. Riverstone’s deep knowledge of the energy industry, disciplined investment approach, hands-on management style, and entrepreneurial culture has differentiated the firm in one of the most vital sectors of our economy. I look forward to contributing my relationships and experience to the firm.’
