With oil prices crashing into negative territory for the first time in history, demand for natural resources suffered in Q2 2020. As investors weigh the risk/reward prospects in this uncertain environment, the lowest number of funds reached a final close since Preqin began tracking natural resources funds in Q1 2015.

Read our latest natural resources industry update for a detailed look at fundraising, funds in market, investors, and performance & dry powder in the second quarter of the year.