Brad Karp formed Renaissance Interests, LP (RILP) in June 2004 to concentrate on private equity investments in revenue stage companies in the energy and clean energy technology sectors, plus implement advanced option trading strategies for publicly traded securities. In conjunction with the private equity investments made by RILP, Brad typically assumes a board role with the portfolio company. One of RILP’s early private equity investments in Galveston LNG, parent company for the original developer of the Kitimat LNG terminal, resulted in a handsome success when the Kitimat LNG terminal was sold to Apache Corp. and EOG Resources in December 2010.
Prior to forming RILP, Brad devoted his first professional career to building, leading and managing energy marketing, trading and merchant finance operations. These efforts included senior leadership roles for Duke Energy Corp. (and predecessor companies PanEnergy, Corp. Associated Natural Gas, Inc. and MEGA Natural Company) and for EDF Trading, a subsidiary of Électricité de France. Brad served Duke Energy Corp. and predecessors during the 1988-2000 period as the President or Chief Commercial Officer of the primary subsidiary devoted to the energy marketing, trading and merchant finance operations. As President of Duke Energy Merchants during 1998-2000, Brad was responsible for a subsidiary that generated $570 million of operating income during this three-year period. EDF Trading developed from a start-up into the leading European energy trading business while Brad served as Executive Vice President of Commercial Operations from March 2001 through June 2003.
Brad began his energy industry career with Texas Eastern Transmission Corp., where he held various commercial positions from July 1982 through February 1987. He worked for ESCO Energy and its subsidiary, Vesta Energy, from February 1987 through August 1988 as Vice President of Corporate Development and Vice President of Gas Supply prior to joining the senior management team of MEGA Natural Gas in September 1988.
Brad holds a Bachelor of Science degree in Chemical Engineering from Harvard
As public markets continue to hit all time highs, investors are becoming increasingly skeptical of the stock market's connection to the actual economy. Inflation is rampant, supply chain issues are enormous and worker shortages present strong headwinds for 2022 corporate earnings.
Savvy investors are always in search of new ways to hedge their portfolios during market uncertainty.
Additionally the persistence of low interest rate policy by central banks, has caused many investors to allocate larger portions of their portfolio into non-traditional assets like; collectables, antiques and wine to generate ROI.
Powered by breakthroughs in technology, it’s never been easier to invest into these increasingly popular asset classes.
In this 1 hr fireside chat, we will cover how investors are allocating to fine wine and examine how this asset class can offer uncorrelated market-beating returns.
Speakers: Atul Tiwari, Brad Karp, and Michael Corcelli
