LATEST / ENERGY
16 SEP 2026 Kristin Kelly joins Claire Harvey and Jason Tracton on EIV’s upstream strategy23 APR 2026 EIV closes Fund V and Resources II with ~$1.1 billion combined commitments

THE LONG GAME / CLAIRE HARVEY

Claire Harvey and the value of the second string

Losing a starting spot at Texas A&M gave Claire Harvey a lesson she carried into energy investing: a team still needs you when the game changes. At EIV Resources, that lesson has become a way of building a business.

Claire Harvey had 16 assists. Texas A&M won. The match report called her the backup setter. It was September 1999, and the Aggies had swept Cleveland State in three games. Harvey also contributed four kills, three digs and two blocks. On the page, the numbers occupied barely a line. Years later, the distinction between having the starting job and helping the team win would occupy a much larger place in her thinking.

A setter has an unusually revealing job description: make the next person’s opportunity better. Someone else gets the finish. Your work happens just before it. Harvey’s career in energy investing has a similar dependence on other people, although the meetings require fewer kneepads. She is now a partner at EIV Capital and CEO of EIV Resources, buying interests in oil and gas assets alongside the people who operate them.

Sixteen assists from the second string

The volleyball years resist the usual tidy account of a future executive accumulating victories. Harvey lost her starting position at Texas A&M. She has described that experience as an education in putting the group’s outcome ahead of her own. The team still needed effort from a player whose personal circumstances had become less satisfying. Her place in the lineup had changed; her obligation to her teammates remained.

“My team’s success means everything.”

Claire Harvey

By the following season, an A&M preseason account described senior setter Harvey as someone who would continue to push starter Jenna Moscovic and could see substantial playing time. It is a useful little piece of evidence. The backup had a competitive purpose. Practice, preparation and readiness belonged to the job, even when the first whistle belonged to someone else.

That makes the 1999 result worth keeping in view. The assists were real. So were the blocks and digs. A player’s value could appear on the scoreboard without a starting designation beside her name. For a future business leader, the lesson has an awkward advantage: it asks you to contribute before anyone promises you the position you would prefer.

Harvey became a volleyball co-captain and earned a finance degree at Texas A&M. In January 2024, she returned to the subject in a conversation with Kenner Taylor on the Aggie Greats podcast. The episode centered on teamwork and the route from student athlete to CEO. The court remained part of her professional vocabulary long after college.

An office with two seat cushions

Oil and gas had entered her life earlier. Her grandfather worked as a landman for Southland Royalties. Her father, Mike Harvey, built oil and gas businesses. She remembers a night in 1987, when his first independent prospect, Vermilion 117, brought a change in the family’s fortunes. She was asleep on two seat cushions in his office. Her mother cried. The hour was late; the news was good.

The detail is domestic enough to survive the vocabulary that comes later: working interests, investment committees, underwriting. Before oil and gas became a career, it was a child’s improvised bed in an office where the adults were waiting for an answer. A prospect on a map could become something a family felt. The remembered scene helps explain the attraction without turning it into an inevitable inheritance.

Harvey went on to Rice for an MBA, studying from 2005 to 2007. During that period, she and four classmates placed 17th among 321 teams in the 2005 Innovation Challenge, a competition built around solving problems for existing companies. Aseem Gupta, Jason Connelly, Jon Surratt and Sarah Joseph were her teammates. Once again, the achievement came with several names attached.

17th
Among 321 teams

Harvey’s five-person Rice MBA team in the 2005 Innovation Challenge.

In 2006, she received a Texas Business Hall of Fame Future Texas Business Legend Award. The award arrived during an education still in progress. It is an appealing point in a biography because the promise precedes the company launches. There were years of work left between recognition as a student and responsibility for an investment platform.

The years before the letterhead

Her banking career included Lehman Brothers and Barclays, with work in corporate finance and mergers and acquisitions for oil and gas companies. In May 2010, she moved into the investment work of TPH Partners. From March 2014 through May 2019, she invested at Pine Brook Partners. These were substantial stretches of employment, the sort that disappear when a career gets compressed into three lines beneath a photograph.

The sequence matters because advising a transaction and owning an investment place a person in different relationships to a business. The work follows a company beyond the announcement. Harvey’s later ventures came after experience on both sides of that divide. Her résumé gives the founding years a long runway, rather than the appearance of a sudden leap from university into the chief executive’s chair.

2010TPH Partners
2014Pine Brook
2019Gryphon
2021ARM venture announced
2022EIV Capital

She founded Gryphon Oil and Gas in 2019, backed by Blackstone and focused on non-operated interests in the Permian Basin. Then, in 2020, her sponsor halted upstream investment. Harvey had a team to support while seeking new capital. The business plan had acquired an unwelcome complication: the people were assembled, but the backing needed to change.

In January 2021, EIV Capital and ARM Energy announced ARM Resource Partners, an upstream joint venture led by Harvey. Its proposed investments included non-operating working interests, minerals, royalties and other passive interests in the United States. The new venture gave her work another organizational home. In 2022, she joined EIV Capital, bringing her team into the firm’s upstream platform.

Her public engagements also extended beyond investment conferences. In November 2019, Texas A&M listed the Gryphon CEO among speakers at its Women, Peace and Security Symposium, alongside business leaders and people working in diplomacy and international affairs. The event focused on women’s participation in peace and security. It put an energy entrepreneur in a wider discussion of representation, with a university connection that had continued well beyond her years on its volleyball roster.

The progression from Gryphon to ARM to EIV offers a more useful entrepreneurial story than a launch announcement alone. A launch fixes the moment when the plan seems ready. The following chapters show what happens when circumstances revise it. Harvey’s career continued through those revisions, with the task of building a business increasingly tied to keeping people working together.

Backing the people at the well

At EIV Resources, Harvey leads an investment team pursuing yield-oriented upstream oil and gas opportunities. The strategy includes acquiring non-operated working interests in wells. The operator runs the asset; the investor owns an interest alongside it. In the April 2026 fund announcement, she put the relationship plainly: “We invest behind proven operators in both producing and undeveloped oil and gas assets.”

THE NON-OPERATED RELATIONSHIP
EIV ResourcesEvaluates and acquires an interest
Operating partnerRuns the oil and gas asset
Two jobs around the same well. A simplified view of the investment relationship.

In May 2024, she appeared at Enverus’s Evolve conference with Alex Jackson of Quantum and Roy Ben-Dor of Warburg Pincus. Tucker Keren moderated a discussion about private equity’s changing role in energy, covering investment opportunities, fundraising and risk. The panel placed her upstream work beside other approaches to the industry. A shared stage does not imply a shared strategy; it gives the differences a chance to become a conversation, with people asking questions of the decisions behind the capital.

The distinction gives her teamwork language a commercial setting. Buying an interest requires judgment about an asset and about the people responsible for its operation. Those decisions cannot be reduced to the investor’s own effort. The relationship carries part of the investment logic. A company can have capable analysts and still need capable counterparts.

Claire Harvey, second from right in a red jacket, seated with fellow panelists at a Hart Energy conference.
A different court, still a team conversation. Harvey, second from right, at Hart Energy’s 2025 panel on non-operated partners. Photo: Hart Energy.

At that 2025 acquisitions and divestitures panel, Harvey emphasized building relationships with people on either side of a transaction. The discussion also included other non-operated investors describing a competitive market. This was company-building in public: a room full of people whose next interaction might involve buying, selling or working alongside one another.

Inside her own team, one ritual is decidedly less formal. “We tell a joke at the beginning of every team meeting,” she says. It is a modest opening requirement for a room concerned with capital and oilfield assets. The joke has the decency to ask very little of the balance sheet.

A billion-dollar number needs a footnote

On April 23, 2026, EIV announced approximately $1.1 billion in combined commitments to Fund V and EIV Resources II. The two strategies brought the firm’s total committed capital under management to approximately $3 billion. Harvey leads Resources II. Fund V, led by David Finan and Patti Melcher, pursues energy infrastructure investments. The headline number belongs to both funds together.

APRIL 2026 · COMBINED FUND CLOSING~$1.1 billion

Fund VEnergy infrastructure
David Finan & Patti Melcher

Resources IINon-operated upstream
Claire Harvey

Total commitments across both strategies. Individual fund allocations are not shown.

In May, Jason Tracton was promoted to partner. He leads EIV Resources alongside Harvey, who credited his transaction discipline and command of details in building the platform. September brought another partner, Kristin Kelly, to work with both of them on acquisitions, underwriting and portfolio management. Harvey and Kelly had worked together earlier in their careers. An old professional relationship had become part of the current team.

There were other circles of recognition along the way. Rice’s 2025 Women in Leadership Conference listed Harvey on a panel about career-defining risks. Hart Energy named her a 2026 Influential Women in Energy honoree. Both settings put her experience in front of people considering their own next decisions. The student who once received an award had become someone invited to discuss the years that followed it.

For Harvey, the career now contains the titles she once worked toward and a series of teams that made the work possible. The old match report supplies a pleasing final measure. A backup setter recorded 16 assists. Someone else finished those points. The record kept her contribution anyway.