ESG Investor Galway Sustainable Capital brings in diverse ESG Talent

Galway Sustainable Capital (GSC), a private equity-backed specialty finance company that invests in companies that accelerate the transition to greater resilience and sustainability,  has expanded its ESG, corporate and investment teams with a raft of new appointments.

Among the new recruits is Phoebe Xu, who joins as investment analyst and risk manager. Xu brings a strong credit background to the team, having spent a significant part of her career evaluating and rating new assets at Moody’s, Morningstar and Egan Jones Ratings. Xu’s prior experience includes rating ABS transactions in residential solar and commercial PACE.

Sarene Marshall joins as chief sustainability officer. Marshall, formerly of the Inter-American Development Bank (IDB), Urban Land Institute (ULI), and the Nature Conservancy (TNC), brings decades of diverse experience from the non-profit and multilateral spaces, as well as in management consulting.

At the IDB, Marshall spearheaded renewable energy, zero-waste and fleet management initiatives for the Bank’s own activities. She also served as global managing director for climate change at TNC, where she worked on climate policy and land-based issues in forestry and agriculture. At ULI, she collaborated with real estate professionals and city leaders to reduce energy, water, and waste from buildings, while also making the case for climate-resilient urban development.

Other appointments include solar veteran Rich Haddon as operating director; Rich Baltimore as director of investments; Andy Lutz as vice president of asset management, and Greg DiCerbo, who joins GSC’s investment team from Renewable Energy Systems and the US Department of Energy’s Office of Energy Efficiency and Renewable Energy. Phillip Choi joins the corporate team as vice president of legal affairs.

“We are thrilled to announce the addition of such diverse talent to our team,” said Jennifer von Bismarck (pictured), Galway’s CEO. “The depth and breadth of our team reflects our commitment to financing a broad transition to greater sustainability.”

GSC President Trent Yang added: “The IEA’s 2021 World Energy Outlook states that over 40 percent of the actions recommended to limit warming to 1.5 degrees are economic today, and that investment needs to increase to around $4 trillion per year. GSC is dedicated to financing the solutions that will help us reach these goals.”

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