Investments

Since 2004, PEP Investments has deployed over $15 billion of capital for our clients in both public and private markets across traditional energy and the Energy Transition.

Private Investment Strategies

Diverse professional backgrounds and a flat operating structure improves the “marketplace of ideas” on PEP’s private equity team.

PEP’s private equity practice focuses on discreet energy investment opportunities with asymmetric returns propositions. Featuring a team with diverse investment and direct operating backgrounds, PEP Private Equity has proven a capacity to provide investors with differentiated perspectives and unique access to value-oriented private energy investment strategies. Our principles are simple: honesty, deep technical due diligence, structural flexibility, and strong investor alignment. Our “more partner, less sponsor” approach to energy investing has helped to shape our superior industry and client networks as well as our longstanding reputation for fair dealing. PEP Private Equity’s primary goal continues to be creating outsized risk-adjusted returns for our clients, alongside whom we will always invest in the PEP Private Equity strategies.

Public Investment Strategies

Business analysts focused on long-term value creation.

Our public equities strategies focus on structurally advantaged assets across an array of enabler commodities and infrastructure projects. By taking a private equity approach to the public markets, PEP Public Equity assesses asset quality and management’s ability to generate long-term value. Our strategies focus on doing well while doing good: attractive prospective returns while supporting global zero-carbon efforts.

Recent

A colorful neural network

September 2021 – Monthly Commentary from Dan Pickering

September 2021

A September to remember. Energy had a strong month while overall markets were lackluster/weak.

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Inflation & The Energy Transition

September 2021 Commentary

The COVID pandemic, and the response of governments and central banks around the world, have engendered an on-going debate about the outlook for inflation. Transitory or perhaps a bit stickier? Inflation skeptics rightly point to the remarkable deflationary impact of technology and innovation as well as a labor pool distorted by temporary incentives for the able bodied to remain at home.

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August 2021 – Monthly Commentary from Dan Pickering

August 2021

August was a flattish month overall for energy, but there was plenty of activity beneath the surface.

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July 2021 – Monthly Commentary from Dan Pickering

July 2021

July was a soggy month for energy.

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Global Natural Resources Commentary

Second Quarter 2021

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June 2021 – Monthly Commentary from Dan Pickering

June 2021

June was another solid month for the stock market, the oil market, the gas market and energy stocks.

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May 2021 – Monthly Commentary from Dan Pickering

May 2021

Evidently the oilpatch loves “May flowers” as all energy indices meaningfully outpaced the S&P500 during the month.

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April 2021 – Monthly Commentary from Dan Pickering

April 2021

Energy was flat/mixed during April.

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Global Natural Resources Commentary

First Quarter 2021

Commodity markets continue to heal, as evidenced by falling inventories across most products.

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