Nonprofit investors are increasingly investing in oil and gas opportunities, a sector that is receiving a lot of attention following the new-found riches of oil sands and shale gas. This comes against a backdrop of increasing demand from China and India, paired with increasing discoveries in the U.S. and Canada. FEMM Contributing Reporter Joe D’Allegro spoke with Alec Neville, managing director of Falcon E&P Opportunities Fund; Alan Kosan, managing director of investment research at Rogerscasey; and Jack Rich, president and cio at Abilene Christian Investment Management, about the oil/natural gas market.FEMM: Should endowments and foundations invest in oil/natural gas? Neville: Yes, absolutely. Oil and natural gas is an established institutional asset class dating back 100 years. It is one of the best inflation and dollar hedges, allows investors to choose return profiles along a risk spectrum—from income to capital appreciation—and has low correlation to other asset classes. Kosan: Yes. While ....