In the mid-1980s Riverstone Holdings was founded by Pierre F. Lapeyre, Jr. and David M. Leuschen. Riverstone Holdings is a private equity firm based in New York City. It has a multinational footprint. Its credit investments are in the Energy and Electrical power industries. They were instrumental in the formation of the Goldman Sachs Global Energy & Power Group and focused on petroleum, gas, renewables, infrastructure and technology.