HOUSTON, TX--(Marketwire - Apr 20, 2012) - Quantum Energy Partners (Quantum) announced today that Jeffrey Harris has become a Senior Advisor to the firm. Additionally, Quantum and Global Reserve Group, an advisory and investment firm founded by Mr. Harris, have entered into a co-investment relationship to jointly pursue selected domestic and international investment opportunities identified by Global Reserve Group in the oil and gas sector.
"We are very excited that one of the energy industry's longest-tenured and most successful private equity professionals has chosen to partner with Quantum in these two capacities. Jeffrey's relationships, investment acumen, industry insights, and experience will allow him to contribute in multiple ways to our investment activities," said Wil VanLoh, President and CEO of Quantum.
In conjunction with the Senior Advisor relationship, Quantum and Global Reserve Group have entered into a co-investment arrangement to leverage the collective relationships, expertise, and resources of the two firms to identify, invest in, and build exceptional, growth-oriented enterprises. The two firms will work closely together on opportunities identified by Global Reserve Group and will focus on making investments in the domestic and international oil and gas sectors.
Jeffrey Harris added, "It is a tremendous compliment that a firm of Quantum's scale and stature has agreed to partner with Global Reserve Group. Our combined resources and experience position us well to provide equity capital of $25-300 million to nurture growing oil- and gas-related companies around the world."
Quantum Energy Partners is a leading provider of private equity capital to the global energy industry with more than $6.5 billion in assets under management. For more information on Quantum please visit our website at www.quantumep.com or contact us at (713) 452-2000. For investor relations please contact Michael Dalton.
Global Reserve Group, LLC is led by Jeffrey Harris who recently established this advisory and investment firm following a twenty-nine year career at Warburg Pincus. As a senior partner of Warburg Pincus he was instrumental in creating and building the firm's global energy practice and directly overseeing several billion dollars of equity investment in numerous successful oil- and gas-related ventures such as Antero Resources, Bill Barrett Corp., Electromagnetic GeoServices A/S, Kosmos Energy, Laredo Petroleum, OSUM Oil Sands, and Spinnaker Exploration. For more information on Global Reserve Group please visit www.globalreservegroup.com.
Contact Information:
For investor relations, please contact
Michael Dalton
(713) 452-2000