Money is supposed to be the coldest subject in business, all decimals and percentage points. Justin Nelson, a Managing Director at J.P. Morgan Private Bank, has spent his career arguing otherwise, at least when it comes to the wealthy families his Connecticut based team advises.Where the Numbers Fall ShortNelson heads the Asset Management and Financial Principals Coverage Team, a group that oversees more than fifteen billion dollars for hedge...
Long before joint venture partnerships and podcast interviews, Gulf Coast Western started as a small oil and gas exploration outfit founded by Thomas Fleeger in Texas. That was 1970. More than five decades later, the company his son Matthew now leads has expanded well beyond its original footprint, with active holdings in Kansas, Alabama, Mississippi, Louisiana, Oklahoma, and Colorado alongside its home state operations.Passing Down a Set of...
When Kelcy Warren stepped back from Energy Transfer's top operating role in 2021, the company didn't turn to a single successor. Instead, it split the chief executive position between two longtime executives, Tom Long and Mackie McCrea. Understanding who they are helps explain why Energy Transfer chose that structure over a more conventional single-CEO handoff.Different Backgrounds, Shared TenureLong joined Energy Transfer in 2016 as chief...
Joining an oil and gas venture as an outside investor carries real financial exposure, which is why Gulf Coast Western built a two-step process before any partner signs on. The Dallas-based firm, founded in 1970, requires that every joint venture participant first meet accredited investor status under SEC Regulation D. That typically means a net worth above $1 million outside of a primary residence, or two consecutive years of individual income...
Behind the Scenes: How Utility Contractor Executives Manage Multi-State Portfolios Running a national electric power construction portfolio requires balancing dozens of simultaneous priorities: storm restoration crews on standby in one region, new transmission builds underway in another, and long-term maintenance contracts running quietly in the background. Executives who oversee this kind of work rarely get public attention, even though their...
Before he ever advised the Pentagon, Justin Fulcher was building a telemedicine company meant to serve patients across Asia. That company, RingMD, gave him firsthand experience with the kind of technology adoption problems that show up whenever a new tool meets an old, cautious institution. Years later, that background shaped how he approached a very different kind of system: the United States Department of Defense.From Telemedicine to the...
Most conversations about pollution, habitat loss, and disappearing species treat those problems as separate crises with separate causes. The Colcom Foundation rejects that framing outright, insisting that a single underlying force, population growth, links nearly all of them together. Colcom Foundation supports several special programs, including the Conservation Catalyst Fund, which grants conservation organizations working to protect...
A Pittsburgh-based philanthropic organization is drawing renewed attention for its focus on a subject many funders avoid population growth and its toll on the natural world. The Colcom Foundation states plainly that its core purpose is to foster a sustainable environment so that Americans can maintain their quality of life, addressing what it calls the major causes and consequences of overpopulation. Colcom Foundation is among the primary...
Justin Fulcher's career spans Southeast Asia, the United States, and partnerships reaching as far as India, tracing back to a single observation made in Jakarta when he was still a teenager traveling on what was meant to be a short trip abroad and nothing more than that at the time.That observation, that consumer technology had outpaced basic healthcare access, led him to found RingMD, a telemedicine company he built first in Singapore and later...
Justin Fulcher has never been shy about stating his priorities plainly. In a LinkedIn article outlining his approach to government work, he wrote: "Execution over narrative. Accountability over optics. Durability over speed."That philosophy did not emerge from his time at the Department of Defense alone. It traces back to Fulcher's earlier career building RingMD, a telemedicine company Justin Fulcher co-founded in 2013 that connected patients...