On this episode of Passive Income Pilots, Tait and Ryan interview Ben Fraser, Managing Director and CIO of Aspen Funds. Ben, an expert in alternative income investments, shares his extensive experience in the financial industry, including roles in commercial lending, credit underwriting, and energy infrastructure asset management. He played a significant role in expanding Tortoise Capital Advisors from $3BN to $7BN in institutional managed accounts. With an MBA from Azusa Pacific University and a B.S. in Finance from the University of Kansas, Ben discusses the economics of oil and gas, highlighting investment opportunities and the potential stability of demand despite the green energy movement. He explains the intricacies of oil and gas investing, including non-operated working interests and tax advantages, and provides insights into current investment opportunities through Turbine Capital. Enjoy the show!
Timestamped Show Notes
(00:00) Intro
(02:21) About Ben and Aspen Funds
(04:14) Understanding oil and gas macroeconomics
(10:27) Dynamics between Big Oil and medium/small operators
(13:22) Historical trends in investing in oil
(18:09) Asset production lifespan in the oil industry
(19:53) Environmental issues affecting oil and gas investments
(23:10) Exploring oil and gas investment opportunities
(30:30) Industry terms walkthrough for oil and gas
(39:51) Investing with Aspen Funds through Turbine Capital
(43:27) How to connect with Ben
(43:58) Outro
Connect with Ben:
Podcast: https://www.thebillionairepodcast.com/
LinkedIn: https://www.linkedin.com/in/benwfraser/
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Legal Disclaimer
The content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group. The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions. The hosts, Tait Duryea and Ryan Gibson, do not necessarily endorse the views of the guests featured on the podcast, nor have the guests been comprehensively vetted by the hosts. Under no circumstances should any material presented in this podcast be used or considered as an offer to sell, or a solicitation of any offer to buy, an interest in any investment. Any potential offer or solicitation will be made exclusively through a Confidential Private Offering Memorandum related to the specific investment. Access to detailed information about the investments discussed is restricted to individuals who qualify as accredited investors under the Securities Act of 1933, as amended. Listeners are responsible for their own investment decisions and are encouraged to seek professional advice before investing.