Private equity’s energy moment
By Richard Aube, Pine Brook
To the casual observer, late 2014 through 2017 was a rough time to be invested in the energy industry.
The oil market was awash in oversupply, creating a down cycle for the industry and a volatile commodity-price environment that few understood.
As a result, even today, someone who took only a cursory glance at the energy sector would find it easy to pass it over in search of returns in less risky segments of the economy.
However, an investor l...