Durable, Long Term Investments Across the Energy Sector
Rice Investment Group (RIG) is a $200mm multi-strategy fund investing in all verticals of the energy sector with a focus 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 efficiently scale businesses. Our deep technical understanding of the drivers of upstream economics has translated into compelling and durable investments across the energy value chain.