Galvanize

Galvanize was honored to join global investors managing more than $48 trillion at the 8th Annual One Planet Sovereign Wealth Funds CEO Summit in Paris, hosted by President Emmanuel Macron and the Government of France.   This year’s discussions focused on how long-term investors can seize value creation opportunities in the clean economy, from AI-driven sustainability analytics to profitably decarbonizing real assets. In attendance from our team were Kathryn (Katie) Hall, David Livingston, and Ida Hempel, pictured below.   We were especially proud to help lead the “Greening Real Estate” workstream and contribute case studies to the newly launched OPSWF Real Estate Decarbonization Playbook, a practical roadmap for institutional investors to accelerate energy efficiency, resilience, and emissions reductions across real estate portfolios.   We believe that integrating energy efficiency and sustainability improvements to existing real estate assets help improve cash flows, expand strategic opportunities for the asset, and can create compelling returns for investors. Read the report here: https://lnkd.in/ekiZi_3g

Last week, AlTi Tiedemann Global hosted a conversation with Sec. John Kerry and Tom Steyer, co-executive chairs of Galvanize, and Nancy Curtin, AlTi’s Global CIO. 🔹 Secretary Kerry reflected on lessons from decades of diplomacy — from the Paris Agreement to today’s competition over supply chains — highlighting the global shift from toward materiality in the transition. 🔹 Tom offered an investor’s perspective on how technology, energy, and industrial change intersect, emphasizing the opportunity for bold, disciplined capital to drive both competitiveness and resilience. Together, their message was clear: Investors who understand where energy, industry, and innovation converge will shape the next era of growth. At Galvanize, we back the businesses and technologies which we believe are redefining the 21st-century economy, investing where energy, industry, and innovation converge to drive growth and resilience. Many thanks to AlTi for hosting our team.

One of the best parts of Galvanize’s model: our investment teams don’t go it alone. They’re backed by an experienced team of scientists and technologists who understand how innovation moves from concept to scale — and what it takes to build the systems that are positioned to power the 21st-century economy. From startup labs to NASA facilities, they work side-by-side with our investment teams to pressure-test ideas and technology at the deepest level. That collaboration is what sets Galvanize apart, and how we invest with conviction in the businesses, technologies, and assets defining the new economy. Seth Kirkham, CIO of the firm’s public equities strategy, recently brought this collaboration to life in an interview with Chief Investment Officer .

"ESG probably ought to mean efficiency, security and growth," Co-Executive Chair Sec. John Kerry remarked during an address at the Building Bridges conference in Geneva last month, adding that the sustainable finance community needs to show its going to create better economic fundamentals for people, more jobs and more work. "The new paradigm has to be first economic. Jobs. Income. Make life better."   David Livingston, our Chief Strategy Officer, later delivered a panel on integrating climate considerations into long-term portfolios across asset classes to an audience of pensions, investors, and public sector leaders focused on the future of sustainable finance. “It’s as much about opportunity as it is about risk,” David noted. “We at Galvanize have a strong conviction in the importance of a purpose-built, specialized asset manager to capture those opportunities.”

Big news from our Global Equities portfolio company Bloom Energy. Bloom has announced a $5 billion strategic partnership with Brookfield to power AI factories with clean, reliable, and rapidly deployable onsite energy. This partnership marks Brookfield’s first investment in its new AI Infrastructure strategy, and positions Bloom as the preferred onsite power provider for Brookfield’s global AI operations. Together, they’re reimagining how data centers are built — integrating compute, power, and capital from day one to meet the massive demands of the AI era. As the world’s appetite for compute and electricity grows exponentially, this kind of collaboration shows what real climate execution looks like: visionary technology matched with long-term capital and scale. Congratulations to KR Sridhar, Michael Tierney, and the Bloom Energy team for leading the way toward a cleaner, more resilient energy system capable of powering AI. https://lnkd.in/ggH3wdfh

"It’s given me a sense of renewed optimism to see the private sector and the investment community increasingly viewing decarbonization and adaptation investment through the lens of value preservation and value creation, and not just in terms of their net zero commitments,” Galvanize VP Anant Udpa noted of his New York Climate Week experience. Read more takeaways from our team: https://lnkd.in/gm2VbpCT

We just hit a major milestone in the global energy transition: in the first half of 2025, clean energy outpaced growth in global electricity demand. Solar and wind grew so fast that they covered all the growth in demand for electricity so far this year, with room to spare. "It’s an epochal moment," noted journalist and author Bill McKibben. "It demonstrates that the clean energy transition is not destined to be the slow, dragged-out affair that most analysts would have predicted even five years ago." Data: Ember

As Chris Creed, Managing Partner and Co-Head of Galvanize's Credit and Capital Solutions, put it: “To misquote Mark Twain, the reports of New York Climate Week’s death were greatly exaggerated. I found the week to be rather upbeat. Deals were getting done.” His point captured the prevailing sentiment: while the headlines may focus on friction, beneath the surface capital is moving, projects are advancing, and opportunities are multiplying. Our team spent last week in New York Climate Week engaging with LPs, partners and the broader ecosystem. Read our perspectives and takeaways here: https://lnkd.in/gm2VbpCT

Salient takeaways from New York Climate Week from our very own Jenny Hood, who is Head of EMEA on Galvanize’s Investor Partnerships team.

Between now and 2030, Galvanize projects $5.6 trillion a year will be invested in infrastructure powering the energy transition, with 60% of that capital coming through credit. We believe what’s driving this trend is:  1) Surging demand will require more energy generation from wind, solar, enhanced geothermal, and more.  2) A stronger, more flexible grid will allow electrons to be used more efficiently.  3) Reshored manufacturing paired with abundant renewable energy may make the U.S. one of the cheapest places in the world to build things.  4) Increasingly volatile weather will increase the importance of infrastructure resilience. To meet this moment, Galvanize launched our Credit and Capital Solutions strategy to deliver flexible financing and deep sector expertise to businesses scaling critical solutions across the energy transition value chain. Read more from an interview with Chair & Managing Partner John Delaney and Co-Head & Managing Partner Chris Creed: https://lnkd.in/eC8pGBj8