Family offices were active across energy, wealth management and industrial infrastructure deals in late April, with investments ranging from oil and gas expansion and hydrogen energy to wealth platform growth and manufacturing exits.
April 28 — The J. Cleo Thompson Family Office, led by Christy Thompson, announced an expansion of its oil and gas portfolio and a partnership with Bank of America Private Bank for mineral management services. The family office holds interests across seven states and is pursuing additional acquisitions. (PR Newswire)
April 28 — Bison Wealth expanded its New York presence with a senior hire overseeing approximately $1.3 billion in assets. The firm is backed by East Asset Management, the family office of Terry and Kim Pegula. (PR Newswire)
April 27 — U Power Limited raised $25.7 million through a private placement that included participation from Fortune Light Assets Ltd, a family office of Chatchaval Jiaravanon and a member of The Charoen Pokphand Group Company. Proceeds will support expansion into battery-swapping and hydrogen energy markets. (PR Newswire)
April 8 — Littlejohn Capital, the family office of Angus C. Littlejohn Jr., completed the sale of Maysteel Industries, a manufacturer serving infrastructure and data center markets. (PR Newswire)