Tom Steyer is an American investor committed to investing in the people and solutions driving climate progress.
Tom founded and ran Farallon Capital Management, a multi-strategy global investment business based in San Francisco, from 1986 until 2012. During that period, it grew assets from $6mm to $36bn. Over the same time, Tom was also a partner and Investment Committee member at Hellman & Friedman, a multi-billion-dollar private equity firm.
In 2012, Tom stepped away from Farallon to dedicate his time, resources, and energy to mobilizing bold climate action.
Tom invested in grassroots efforts to win clean air laws and to force big tobacco to pay its share of healthcare costs. Tom helped make California the largest jurisdiction in the world with a 100% clean energy law and prevented Big Oil’s effort to roll back California’s climate protections. He worked to prevent the construction of a new, gas-fired power plant in a community largely made up of immigrants, people of color, and low-income families.
Tom is also the founder of NextGen America, the largest youth voter engagement organization in American history, and co-founder of Beneficial State Bank, a triple-bottom-line community development bank focused holistically on justice and sustainability.
Most recently, Tom was a Democratic presidential candidate and in 2020 served as co-chair for Governor Newsom's Business and Jobs Recovery Task Force. He co-chaired Vice President Biden's Climate Engagement Advisory Council to help mobilize climate voters.
Today, Tom is the Co-Executive Chair of Galvanize Climate Solutions, a climate-focused global investment firm delivering capital and integrated expertise to accelerate climate solutions and create long-term value.