Simon Lack, Portfolio Manager

Simon Lack is Founder and Managing Partner of SL Advisors, LLC. Mr. Lack is Portfolio Manager of an energy and infrastructure fund at Catalyst Capital Advisors LLC. Mr. Lack’s experience includes: Managing Director, JPMorgan Global Trading Division and CEO, JPMorgan Incubator Funds. Mr. Lack has authored The Hedge Fund Mirage: The Illusion of Big Money and Why It’s Too Good to Be True (January 2012) and Bonds Are Not Forever: The Crisis Facing Fixed Income Investors (September 2013).

Texas Reconsiders Flaring

Nothing exemplifies America’s low natural gas prices more than its flaring where takeaway infrastructure is inadequate. In the Permian basin in West Texas and...

Partnering with Pipeline Protesters

Suppose that the owner of a pipeline operating at 100% capacity opposed the construction by a competitor seeking to meet unsatisfied demand. Or consider...

America Questions Role As World’s Super-Cop

On Monday, President Trump asked, “Why are we protecting the shipping lanes for other countries (many years) for zero compensation?” Few American voters give much...

Pipelines Get Adult Supervision…Private Equity

Last week’s blog (see Plain Talk, Fuzzy Math) showed how Plains All American (PAA) miscalculates its cost of equity capital. Equity is the key...

Pipelines Get Adult Supervision…Private Equity

Last week’s blog (see Plain Talk, Fuzzy Math) showed how Plains All American (PAA) miscalculates its cost of equity capital. Equity is the key...

Mid-Stream Energy Infrastructure Outlook Looks Bright

Learn why improving sector fundamentals, including rising free cash flow and declining volatility should draw buyers over the next few years.

Mid-Stream Energy Infrastructure Outlook Looks Bright

Learn why improving sector fundamentals, including rising free cash flow and declining volatility should draw buyers over the next few years.

Plain Talk, Fuzzy Math

Plains All American (PAA) held their investor day last week. Continued growth in output from the Permian in West Texas is driving new pipeline...

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