Investing in the collision of geopolitics and capital markets, assessing opportunities from policy to portfolio, in the four key sectors of National Security & Defense, Energy Security, Applied AI & Computing Power, and Advanced Manufacturing.

Geopolitical Investing

RETURN TO PORTFOLIO

APPLIED AI & COMPUTING POWER

NATIONAL SECURITY & DEFENSE

ENERGY SECURITY

ADVANCED MANUFACTURING

Thesis

As global powers vie for the 21st century, investing in strategic national resources with geopolitical tailwinds will provide the strongest risk-adjusted returns to investors.

National Security & Defense

National Security, Defense, Cybersecurity,
Aerospace, and Space

Geopolitical rivalry and great power competition on land, air, sea, and space will create renewed mandates and urgency for defense production & technological innovation to meet Allied demands, specifically with respect to countering the Axis of Upheaval across all theatres and stages of hot and cold conflict. Many such applications will be dual-use and extend beyond our terrestrial boundaries.

Energy Security

Energy Security, Natural Resources,
New Energy, and Energy Transition

As renewable energy and the energy transition industry are unable to address the globe’s energy needs in a timely matter, we believe: 1) structural imbalances in oil and gas supply and demand will reward upstream and midstream energy players; 2) new and transitional forms of energy, including nuclear and LNG, will proliferate; and 3) unique opportunities will expand on the edges, not the heart, of the decarbonization movement.

Applied AI & Computing Power

Data Infrastructure, Applied AI, and Computing Power

As the artificial intelligence revolution creates infinitely more data and computational power, legacy industries will be disrupted by ‘applied’ AI and autonomy, data centers will consume more power, and disruptive innovation will spring forward to adapt existing software, compute hardware, and power infrastructure to meet the needs of the coming decade.

Advanced Manufacturing

Advanced Manufacturing, Reshoring,
and Supply Chain Resiliency

As low-cost countries continue to become riskier and less economically viable for manufacturing, a wave of innovation in new technologies (robotics, automation, machine vision, advanced materials) and processes will restore American industry through ‘onshoring’, ‘reshoring’, or ‘near-shoring’ across all industries.

Meanwhile, managing the complexity and volatility of the global supply chain, which has been laid bare by geopolitical turbulence and a global pandemic, will be imperative for both state and private sector actors.