From critical minerals and direct energy production to American farmland, tangible assets have moved from the margins of institutional portfolios to the center of a much larger conversation. AI infrastructure is straining power grids and competing for farmland, geopolitical instability is redrawing commodity supply chains, and investors are increasingly questioning whether traditional financial markets can provide the insulation they once promised. For a growing number of allocators, the answer lies in real assets, and there are only a small number of firms that have spent decades learning how to operate them.

On May 27th, Amvest Capital, Five States Energy Capital, and Homestead Capital are hosting a panel discussion in New York City that brings together three of those practitioners. The conversation will cover what resource sovereignty looks like across different corners of the real assets market, how each firm generates income and long-term value independent of public-market volatility, and where the most compelling opportunities lie today. The discussion will feature panelists:

• David Chan, Head of Investor Relations, Homestead Capital

• John Kiser, President & CEO, Five States Energy

• Stuart Macliver, Co-Founder & Managing Partner, Amvest Capital

Rajeev Shah, Advisor at Cooper Family Office, will moderate the conversation. A networking reception follows the panel. Seating is limited, so reserve your spot by registering below while it lasts.

Agenda

5:00 PM – 5:30 PM | Doors open

5:30 PM – 6:30 PM | Panel Discussion

6:30 PM – 7:30 PM | Networking Reception

Scroll to the bottom of the page to register.

Speakers

DAVID CHAN
HOMESTEAD CAPITAL
HEAD OF INVESTOR RELATIONS

David Chan is the Head of Investor Relations at Homestead Capital, where he leads capital formation and investor communications across the firm’s private equity and credit strategies focused on U.S. agriculture. He brings more than a decade of experience across farmland investing, agribusiness private equity, and agricultural technology.

Prior to joining Homestead, David co-founded FarmTogether, where he served as Chief Client Officer and COO, helping expand access to farmland investing for a broader range of investors. Earlier in his career, he held investment roles at AMERRA Capital Management, PGIM, and Barclays Investment Bank.

David earned an MBA from Harvard Business School, where he was a Toigo Fellow, and a Bachelor of Science degree from Cornell University.

JOHN KISER
FIVE STATES ENERGY CAPITAL
PRESIDENT & CEO

John B. Kiser is the President and CEO of Five States Energy, where he sets the strategic vision for the firm and leads all aspects of the management team.  He is responsible for fund management, operations, investor engagement, and strategic direction. John joined Five States in 2020, bringing with him a unique mix of energy operations, academic leadership, and entrepreneurial innovation. Previously, he served as President & CEO of SDL Citadel, a research venture focused on converting waste plastic into commercial-grade fuels. He also served as Executive Vice President at Lyco Energy and held leadership and engineering positions at Mobil Oil and Exxon Company USA. Earlier in his career, John served as Associate Dean and Executive Director at SMU Lyle School of Engineering.

John earned his MBA with honors from Southern Methodist University and a BS in Petroleum Engineering from Texas A&M University. 

STUART MACLIVER
AMVEST CAPITAL
CO-FOUNDER & MANAGING PARTNER

Stuart Macliver co-founded Amvest Capital with Gabriel Alonso-Mendoza to develop a platform for institutions to access the mining and metals industry. Stuart’s background in finance, coupled with his geology qualifications, enables him to assess natural resources opportunities from both a financial and technical perspective. He has gained significant corporate advisory and transactional experience across M&A, equity, and debt capital markets within the natural resources sector, having worked at internationally recognized and boutique firms in Australia and New York.

Stuart holds a Bachelor of Commerce from the University of Western Australia, is a member of the Institute of Chartered Accountants in Australia, and holds a Graduate Diploma in Geology from the Western Australian School of Mines.

RAJEEV SHAH
COOPER FAMILY OFFICE
ADVISOR

Rajeev Shah has been a fundamental investor for over 20 years. He has experience investing in publicly traded securities, private equity, and manager selection. He has invested across the capital structure (high yield, converts, and equity) and across different investment strategies (private equity, thematic long/short, short-bias, and event-oriented). He is an Advisor to the Cooper Family Office. Previously, he was at PAAMCO Prisma, a $30 bn AUM fund of funds, where he helped manage a portfolio of direct and co-investment securities and led allocations to event-driven hedge funds. He previously was an investor at Paulson & Co, Soundpost Partners, Tremblant Capital, MSD Capital (the family office of Michael Dell), and General Atlantic. He started his career as a Business Analyst at McKinsey & Co. 

Rajeev has a bachelor's degree in engineering and a bachelor's degree from Wharton (as a graduate of the Management & Technology Program) at the University of Pennsylvania, and an MBA from Harvard University.

Sponsoring Firms

Amvest Capital

Amvest Capital is a New York-based specialist investment management and investment banking platform focused solely on the natural resources sector. This combines investment banking, corporate advisory, and capital markets capabilities with buy-side portfolio management. Amvest Capital manages the Amvest Terraden Critical Minerals Fund, which is a dedicated long/short hedge fund specializing in critical mineral equities.

FIVE STATES ENERGY CAPITAL

Five States Energy Capital is a private investment firm specializing in acquiring and optimizing commercially developed, income-generating energy assets. With more than 40 years of experience, 27 closed production funds, and three active production funds, Five States has provided direct investment opportunities in real energy assets for clients spanning generations. By focusing on direct asset ownership, the Firm offers a defined, strategic way to participate in the energy economy that can generate a regular schedule of distributions and provide long-term value for investors. Five States is headquartered in Dallas, Texas, with an office in New York City.

Homestead Capital

Homestead Capital is an investment manager that acquires, finances, and manages diversified portfolios of high-quality farmland assets across the United States. Founded in 2012, Homestead employs equity and credit strategies with a focus on risk management and differentiated portfolio construction. Homestead seeks opportunities for value enhancement through capital improvements, tailored farm management, crop selection and rotation, and economies of scale. San Francisco-based Homestead manages more than $1.5 billion in equity and credit assets on behalf of pension plans, insurance companies, endowments, foundations, and family offices.