Thomas F. Steyer
Tom Steyer is a successful asset manager and entrepreneur. He founded and is Co-Managing Partner of the San Francisco-based hedge fund Farallon Capital Management, and is also a partner at the private equity firm Hellman & Friedman.
Tom was a Co-Chair, with former Secretary of State George Shultz, of the campaign to oppose Proposition 23 in California, an initiative that would have undercut California’s commitment to clean energy. Steyer is a leading Democratic activist and fundraiser, and an active participant in national and international policy discussions.
An avid Californian, Tom has worked to promote economic development and environmental protection in the state. With his wife Kat Taylor, he created and funded OneCalifornia Bank, based in Oakland, which provides loans and banking services to underserved small businesses, communities, and individuals in California. For the past five years, the OneCalifornia Bank and Foundation have been increasing activities promoting economic opportunities for struggling small businesses, communities, and individuals. Most recently, OneCalfornia acquired the West Coast operations of ShoreBank. Through an innovative structure, any eventual profits from the bank will go directly to the not for profit foundation.
Steyer is on the Board of Trustees of Stanford University; two years ago, he and Taylor founded a renewable energy research center there. He has joined with Warren Buffett and Bill Gates in agreeing to donate more than half his wealth to charity during his lifetime.
Steyer was born in New York City in 1957. He has a BA from Yale and an MBA from Stanford. Steyer and his wife have four children between 16 and 22 years of age.