Durable, Long Term Investments Across the Energy Sector
Rice Investment Group (RIG) is a $200mm multi-strategy fund investing in all energy sector verticals, focusing on partnering where our operational, technical, and strategic experience add value.
A Proven Track Record of Success
The partners of RIG built Rice Energy and Rice Midstream from scratch into a $10bn enterprise. In 2017, EQT acquired Rice Energy creating the largest natural gas producer in the U.S. We generated a 30x return for our initial investors and Rice Energy outperformed its natural gas peers by 95% during its time as a public company.
In 2019, the Rice Team conducted a shareholder campaign to elect a new majority slate of directors to EQT’s board. Over 80% of EQT’s shareholders voted to install the Rice Team’s director nominees. The Rice Team, working in conjunction with the EQT board and management, executed on a 100-day plan to transform EQT into a peer leader in capital efficiency.
What Sets Us Apart
RIG is the only multi-strategy fund run entirely by former E&P executives of the shale generation. We understand start-ups and how to deploy technology to scale businesses efficiently. Our deep technical understanding of upstream economic drivers has translated into compelling and durable investments across the energy value chain.