Recorded on 06/02/2022

The Future of Energy: From Traditional to Transitional Investment Opportunities

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Recorded on June 2, 2022.

Economic recovery in 2022 created turbulence across multiple market segments – perhaps none more striking than the energy segment. The conflict in Ukraine, the Strategic Petroleum Reserve release, and the accelerating transition to a lower-carbon energy system has only further complicated this historically volatile sector.

Cresset is pleased to welcome Pickering Energy Partners (PEP), one of the leading industry experts, to provide clarity and insight into the energy environment. Hanley Sayers, Market Managing Director and Wealth Advisor at Cresset, leads the conversation with PEP’s founder and CIO, Dan Pickering, who has overseen the firm’s deployment of over $15.5 billion in capital across all energy subsectors.

As global events continue to stir an already tempestuous market segment, Pickering provides context and guidance on new ways to think about energy. In addition, he shares his forecast for the growth of renewable energy as concerns about climate change and support for environmental, social, and governance (ESG) considerations continue to rise. He also talks about investment opportunities, longer-term trends, where gas prices are headed, and his perspective on when – and how – the energy market might stabilize.

About Dan Pickering

Dan Pickering is the Chief Investment Officer at Pickering Energy Partners (PEP). PEP manages client assets via energy strategies focused primarily on public markets and private equity. Prior to PEP, he served as the President of Tudor, Pickering, Holt & Co., and Chief Investment Officer of TPH Investment Management. He has spent 26 years as an Energy Portfolio Manager, Researcher, and Analyst, first at Fidelity Investments (where he managed ~$1 billion of energy sector funds), then as Head of Research at Simmons & Company and as the founding partner of Tudor, Pickering, Holt & Co. He currently serves as the Portfolio Manager of the PEP Energy Equity Opportunities Fund and on the Investment Committee of PEP’s energy co-investment and private equity strategies. He also serves on the Advisory Boards for Tudor, Pickering, Holt & Co., the Energy ESG Council, the Houston CFA Society, as well as the Board of Trustees for Texas Children’s Hospital and the Texas Children’s Hospital Foundation. He holds a BS in Petroleum Engineering from the Missouri School of Science and Technology and an MBA from the University of Chicago.

Featuring

Dan Pickering

Dan Pickering

Chief Investment Officer

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