An investor explains how to target stable returns by leasing physical assets like shipping containers and farmland. Silicon Valley tech often has defense applications, and the Pentagon is the government's biggest spender, but the market for private credit funding these deals remains underfunded because navigating DoD procurement requires specialized expertise.
All those things give you that low double-digit return, stable, steady cash flow that you can lever. Buying and leasing hard assets, shipping containers, farmland, you could do rail cars, barges. And then thematically, we're looking at investing in the intersection of Silicon Valley and DOD. Silicon Valley created applications for the commercial market, but DOD is a huge spender. It's the biggest spender in our budget. But technology here is now realizing that not just is that a commercial application, it is a DOD. National security more broadly. So that theme, whether it's private credit, whether it's venture, we are very much focused on that. It is underserved, undercapitalized, and it's hard to deal with the government. Yeah. So you need a team that's particularly well qualified.
