Research on durable competitive advantage, strategic capital allocation, and technological change
I study why some organizations create, sustain, and compound superior economic performance — and how strategic decisions and capital allocation shape that advantage over time.
My research sits at the intersection of strategy, investing, governance across institutional and technological change, with a focus on how investors and organizations identify, build, reinforce, or destroy durable competitive advantage. I examine these questions across the investment ecosystem — from sovereign and institutional capital, to mature companies, to venture-backed businesses.
Current focus
- Durable competitive advantage — how organizational capabilities, management, governance, innovation, and strategic choices create or erode persistent economic advantage
- Strategic capital allocation — why some organizations and investors allocate capital systematically better than others, and how that capability is built, exercised, and lost
- Institutional and technological change — how internal/external shocks and emerging technologies reshape organizational capabilities, investment decisions, and the sources of competitive advantage
Selected writing
- Hedge Funds in Institutional Portfolios: Risk Budgeting Beyond Correlation
- Private Credit as a Structural Allocation: Why Governance, Not Yield, Determines Long-Term Outcomes
- Renewable Energy as an Institutional Asset Class: Capital Structure, Policy Risk, and Long-Duration Governance
- Capital Allocation as a Board Responsibility: Why Strategy Fails Without Governance
My work combines practitioner experience with applied and academic research, with the aim of producing ideas, evidence, and frameworks useful in real investment and organizational decisions.
Collaboration and advisory
I engage selectively with investors, companies, founders, boards, and research collaborators on:
- investment strategy and capital allocation
- competitive advantage and business quality
- governance and organizational decision-making
- AI and technology-driven organizational change
- infrastructure, energy transition, and long-duration investment
- institutional investing, private markets, and venture capital