I don't have an MBA or a Bloomberg terminal, but the industry heavy Wall Street Journal ran an interesting article on 1st July at
First Reserve's Funds Pitch South - WSJ, which includes the text...
First Reserve’s CHC Group Ltd. was already in trouble last year when the oil slump curbed demand for its helicopter flights to offshore drilling rigs. Deep in debt and hemorrhaging cash, CHC and First Reserve handed control of the public company to a rival investment firm in exchange for a $600 million infusion.
The day after the deal closed, the Organization of the Petroleum Exporting Countries said it would maintain its output despite a market glut. Oil prices and energy stocks, including CHC’s, fell into a tailspin.
First Reserve earlier this year told investors that the roughly $700 million of their cash that it invested in CHC in 2008 was valued at about $56 million at the end of 2014, according to people familiar with the correspondence.
CHC’s shares have fallen 81% this year, including a 30% drop on Wednesday.
Another article a week later from Octafinance (no, I hadn't heard of them before) at
Cowen Analyst Reaffirmed $1.50 Price Target on CHC Group (NYSE:HELI) stock, While Reiterating Market Perform Rating - Octafinance includes share price graphs, details on large shareholding etc.