Venture Fund Member Profile
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The California Clean Energy Fund (CalCEF), formed in 2004, will make equity investments totaling at least $30 million in emerging clean energy technology companies. The Fund arises from the PG&E bankruptcy settlement negotiated by the California Public Utilities Commission (CPUC). CalCEF will invest in companies located in PG&E’s service territory and elsewhere that are developing technology or products that could benefit the region.
CalCEF is a non-profit entity, but will make for-profit investments in commercially viable companies. Profits will be reinvested in the Fund. Funds will be invested in private companies creating technologies or products that will lead directly or indirectly to decreased reliance on non-renewable fuels. This can include companies focusing on renewable energy, energy efficiency, energy storage, and other areas. It can also include companies providing products and services, such as software, that are designed to enhance a particular aspect of the clean energy sector.
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Nancy Pfund Mng. Dir., JP Morgan & Member California Clean Energy Fund |
Nancy Pfund is a Managing Director at JPMorgan. She co-heads JPMorgan’s $75 million Bay Area Equity Fund, a double bottom-line private equity fund aimed at investing in emerging growth companies located in or near lower-income neighborhoods of the Bay Area. Ms. Pfund joined Hambrecht & Quist, now JPMorgan, in 1984. Her investment experience has extended from technology to health care and consumer, and has included special concentrations in the environmental, education, and instrumentation-related sectors. In addition to her private equity responsibilities, Ms. Pfund also built and directed H&Q's external affairs and philanthropic programs from 1996 to 2001. In 1988, President Bush appointed Ms. Pfund as a charter member of the National Advisory Council for Environmental Policy and Technology. In 1999, Ms. Pfund was appointed by President Clinton to serve on the Congressional Web-Based Education Commission. Ms. Pfund received a B.A. and M.A. in anthropology from Stanford University, and an MBA from the Yale School of Management.
Representative Investments
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SpectraSensors, Inc. Manufactures sensors that track and control harmful emissions, including carbon dioxide |
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Fat Spaniel Provides assessment and control systems software to improve the performance of distributed generation, such as solar photovoltaics |
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Tesla Motor Designs and sells electric cars combining world-class automotive design and Silicon Valley technology with an innovative sales and support strategy |
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CoalTek Converts low rank, mine-run coals into high-rank, clean coal alternative fuels, increasing efficiency in burning and potentially contributing to carbon sequestration |
Nancy participated in the FundingPost event: CA early-stage breakfast
on Tuesday, October 16, 2007 in CA, Sponsored by Orrick
To list your Company on our website and make your profile available to Nancy and 7,500+ other VCs and Angel Investors, Click Here.
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| Venture Fund Member Profile |
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