Research notes
Writing on private equity, venture capital, and industry deep-dives.
Long-form theses and market notes, published as they're finished.
- 2
- posts
- 2
- sectors
- 2
- regions
AUG 27, 2026·Global·Cross·Energy-Tech
Australia Is Mandating What US Data Centres Only Negotiate
Australia just legislated a rule the US has left to private contracts: a data centre pulling gigawatts off the grid must put at least as much back in.
AUG 18, 2026·United States·Cross·AI Infrastructure
Nvidia's $105 Billion Ohio Guarantee Is Becoming the AI Industry's Financing Template
Nvidia's $105 billion backstop for OpenAI's Ohio campus is the third residual value guarantee written this year for a single purpose-built AI campus, and credit markets are already pricing what data centre lenders have not yet been asked to underwrite.