Christian Busken Comments on Fossil-Fuel Sectors for Institutional Investors

Wall Street Journal | January 17, 2024

Breakwall Capital, a new private-capital firm founded by three former Riverstone Holdings fund managers, expects to raise a roughly $500 million clean energy-focused fund while continuing to invest in the traditional oil-and-gas sector through a separate vehicle backed by commodity trader Vitol Group.

"A recovery from a pandemic-driven slump in global oil prices, combined with increased capital discipline among producers, is attracting some investors back to the sector. But, it remains difficult to raise capital to invest in oil and gas," said FEG Director of Real Assets Christian Busken.


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