Even $100 Oil Isn’t Tempting Energy-Focused Private Equity Fund ...Middle East

Economy by : (OILPRICE) -
Despite the highest oil prices in nearly eight years, investors in the secondary market haven’t yet shown an increased appetite for buying interests in energy-focused private equity funds. ESG concerns and the volatile nature of energy prices, especially in the past two years, have had secondary firms hold off on buying oil and gas assets despite the tight global energy market and a recent surge in oil and gas prices, with crude holding at over $100 per barrel for most of the past two months.   For the time being, $100 oil is not…

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