Skip to content
Subscriber Only

Ziff Brothers Said to Seek Sale of Energy Investments

Ziff Brothers Investments LLC, which manages the family fortune derived from William Ziff’s magazine-publishing empire, plans to sell its energy private-equity investments as part of a reorganization.

Ziff Brothers is seeking to sell holdings in six oil and gas companies valued at about $1.2 billion, said two people with knowledge of the matter, who asked not be identified because the information is private. The potential buyer would be required to provide an additional $300 million to $400 million in follow-on capital to those investments made by the Ziff unit, known as ZBI Ventures.