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Family offices piled into oil after capital dried up. The recent rally has made for big gains

After ESG pressures forced private equity investors out of oil and gas, investment firms of ultra-wealthy families stepped up.

1 report1 sourceApr 9, 2026, 12:05 PM
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CNBCApr 9, 2026, 12:05 PM

Family offices piled into oil after capital dried up. The recent rally has made for big gains

After ESG pressures forced private equity investors out of oil and gas, investment firms of ultra-wealthy families stepped up.

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