Quantum Energy Partners (Quantum), a leading provider of private equity to the energy industry, is pleased to announce that Michael C. Linn, former Chairman, President and Chief Executive Officer of LINN Energy, LLC, has joined the firm as a Senior Advisor and a member of its Industry Advisory Board. Mr. Linn will work closely with Quantum's senior management team providing counsel on both investment and industry related matters as well as utilizing his network of industry relationships to generate investment opportunities with a focus in the upstream sector.
Linn and Quantum had previously worked together beginning in 2003 with the formation of LINN Energy, LLC to acquire, exploit and produce long-lived conventional natural gas properties in the Appalachia Basin. In January 2006 Quantum took LINN Energy public and it became the first U.S. upstream Master Limited Partnership (MLP) to go public in more than a generation. Since its IPO, the company has continued to execute on its strategy and today LINN Energy is the largest upstream MLP in the world with an enterprise value in excess of $15 billion. Linn continues to serve on the board of LINN Energy as well as the boards of the National Petroleum Council, the Independent Petroleum Association of America, and Nabors Industries, Ltd.
"We are very excited that one of the energy industry's leading chief executives and advocates has chosen to partner with Quantum once again. Mike's industry relationships, insights, and experience will allow him to contribute in multiple ways to the firm's investment activities," said Wil VanLoh, President and CEO of Quantum.
Mr. Linn added, "I am very pleased to be officially part of the Quantum franchise again. Having directly worked with Quantum for many years while at LINN Energy, I have seen first-hand their financial creativity, technical acumen and intense dedication to both their investors and management teams. They are a premier private equity partner and I look forward to helping support their investment efforts."
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
Most Popular Articles
From the Career Center
Jobs that may interest you