Houston-based Salient Partners is doing some cool things in the alternative space, and Lee Partridge, the firm’s chief investment officer, is more than happy to tell you about them. But first, Partridge provides some context.
“We see three big trends over the next 10 years which we’re positioned well to capitalize on,” he says. “The first is that we’re still in a deleveraging economic environment, and ultimately we will have to reduce deficit spending.”
“The second theme is the run-up in energy production in North America,” Partridge explains. “Production is now up 30% from where it was in 2010 and we’re still three years from catching up with supply to meet demand.”
The third and final trend is the demographics of developing nations, specifically workers and retirement.
“What’s happening in developed nations is the opposite of what’s happening in emerging nations, and the latter is sitting on a strong supply of natural resources.”
So how is the firm taking advantage?