Tom Steyer

Overview

Tom Steyer is an American billionaire investor, philanthropist, and environmentalist. He is the founder and former co-senior managing partner of Farallon Capital Management, a San Francisco-based hedge fund he established in 1986. Under his leadership, Farallon grew to manage approximately $36 billion in assets. In 2012, Steyer stepped down from Farallon to focus on environmental advocacy and political activism. He founded NextGen America, a progressive advocacy nonprofit and political action committee, in 2013. The organization mobilizes young voters on issues including climate, health care, reproductive freedom, immigration, and equality. In 2021, Steyer co-founded Galvanize Climate Solutions, a climate-focused investment firm. He has also been active in California politics, notably leading campaigns to defeat Proposition 23 in 2010 and to pass Proposition 39 in 2012, both aimed at advancing clean energy initiatives. In 2025, Steyer announced his candidacy for the 2026 California gubernatorial election, positioning himself as a populist advocating for working-class voters and stronger corporate accountability. Steyer's investment strategy focuses on sectors that align with his environmental and social values, including clean energy, sustainable agriculture, and affordable housing. He seeks to support companies and initiatives that contribute positively to society and the environment. His approach combines financial returns with a commitment to addressing climate change and promoting social equity. Throughout his career, Steyer has demonstrated a commitment to using his wealth and influence to drive policy changes and support initiatives that align with his values. His philanthropic efforts have included significant contributions to environmental organizations, educational institutions, and community development projects. He has also been involved in various political campaigns and initiatives aimed at advancing progressive causes and addressing income inequality. Steyer's track record reflects a dedication to leveraging financial resources for social and environmental impact, with a focus on sustainable and responsible investing. His philosophy emphasizes the importance of aligning investment decisions with broader societal goals, aiming to create a positive and lasting impact through both financial success and social responsibility.

Investment Focus

• Alignment with environmental and social values
• Focus on clean energy and sustainable initiatives
• Commitment to addressing climate change and promoting social equity

Portfolio Companies