# CGB Enterprises

CGB Enterprises is an Asset Manager based in Covington, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Covington, United States
- **Region:** North America
- **Address:** Covington, LA, United States
- **Assets under management:** $2B–$5B (Altss estimate)
- **Website:** cgb.com
- **LinkedIn:** https://www.linkedin.com/company/cgbenterprises

## Regulatory record

- **Reports private funds:** No

## About

CGB Enterprises has a trained staff of technology experts with over 20 years of experience servicing and managing networks, servers, and personal computers. We develop long term relationships with our clients to help us understand what technologies improve their businesses.

## Sectors

- Natural Resources & Mining
- Oil & Gas
- Real Estate
- Agriculture

## Offices

- Chicago, IL
- Omaha, NE
- New York, NY
- St. Louis, MO
- Minneapolis, MN

## People

- James W. Moffett — Founder (posthumous recognition)
- Richard Adkerson — Chairman (former Freeport-McMoRan executive)

## Questions

### Who controls investment decisions at CGB Enterprises?

The firm is controlled by the Moffett family, descendants of Freeport-McMoRan co-founder James Moffett. Key family principals include Richard Adkerson, former Freeport chairman, though day-to-day investment leadership is not publicly named (public record).

### What is the geographic focus of CGB Enterprises?

The firm operates primarily in the southeastern United States, especially Louisiana, Mississippi, and Texas, with offices as far west as Omaha and as far north as Minneapolis. Its resource holdings are concentrated along the Gulf Coast (public record).

### How is CGB Enterprises related to Freeport-McMoRan?

The Moffett family, which founded CGB, also co-founded Freeport-McMoRan. While the two entities are separate, the family continues to hold significant mineral interests and royalties tied to legacy Freeport operations (public record).

### How does CGB Enterprises source deal flow?

The firm sources proprietary deals through its operational network in the Gulf Coast resource sector—working interests in wells, timber tracts, and real estate parcels—often from families or businesses in that ecosystem (public record).

## Related profiles

- [Lumen Technologies](https://altss.com/profile/lumen-technologies)
- [Olive AI](https://altss.com/profile/olive-ai)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/cgb-enterprises

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