Former Rice Energy leaders launch new oil and gas fund

The Pittsburgh Business Times reports the family that started natural gas drilling company Rice Energy Inc., which was acquired by EQT Corp. in 2018, has started a new oil and natural gas venture. The newspaper says Rice Investment Group, based near Pittsburgh, is a $200 million multi-strategy fund that will invest in oil and gas companies "with a focus on partnering where [its] operational, technical and strategic experience add value.” Rice Investment Group includes brothers Daniel Rice, Toby Rice, Derek Rice and Ryan Rice. For more, read the full story.

Pennsylvania