Riverstone nabs Metalmark pro

John Moon, a former managing director at Morgan Stanley spin-out Metalmark Capital, has joined Carlyle energy affiliate Riverstone Holdings as a managing director.

New York-based Riverstone Holdings newest managing director is John Moon, who was a founding partner and managing director of Morgan Stanley spin-out Metalmark Capital.

Prior to co-founding Metalmark, Moon’s previous positions include managing director of Morgan Stanley Capital Partners, and vice president in the investment banking division of New York-based Goldman Sachs. He has a bachelor’s and  master’s degrees in economics from Harvard University, where he also earned a PhD in business economics. He is currently an adjunct professor of finance at Columbia University.

Moon said in statement that he’s known Riverstone’s founders for years, “as friends and friendly competitors. Now I am delighted to have the opportunity to join them as a business partner.”

Riverstone co-founder Pierre Lapeyre said, “John is an experienced private equity investor with a proven record of success in the energy industry.”

An energy-focused private equity firm, Riverstone was founded in 2000 by David Leuschen and Lapeyre, and has raised three energy-focused funds in partnership with The Carlyle Group.

Riverstone has committed $5.4 billion to 34 investments across midstream, upstream, power, oilfield service, and renewable energy sectors. The firm currently manages more than $7.9 billion in capital.