CalSTRS

The California State Teachers’ Retirement System (CalSTRS), established in 1913, serves to provide retirement benefits for California’s public school educators, spanning from prekindergarten to community college. As the largest pension fund dedicated exclusively to educators globally and the second largest overall in the United States, CalSTRS plays a crucial role in the financial security of its members. The organization also engages in investment initiatives, such as the New and Next Generation Manager Fund V, which focuses on early-stage venture capital opportunities. This diverse investment strategy aims to enhance the financial stability and growth potential of the pension fund, ultimately benefiting its members.

Scott Chan

Chief Investment Officer

Kirsty Jenkinson

Investment Director

Julie Underwood

CFO

11 past transactions

ABS Global Investments

Private Equity Round in 2025
ABS Global Investments is an independent alternative investment management firm that focuses on equity long/short strategies. The company serves institutional investors and high-net-worth individuals by pooling capital from its clients and investing in various assets and securities. ABS Global Investments offers a range of products, including both commingled investment vehicles and customized accounts, tailored to meet the evolving needs of its clientele. Through its specialized approach, the firm aims to provide effective investment solutions in the dynamic landscape of financial markets.

3650 Capital

Funding Round in 2025
3650 Capital is a CRE lending and loan servicing firm.

1Komma5°

Venture Round in 2024
1KOMMA5 ° offers all owners of electric vehicles free electricity, which they refinance through trading with so-called GHG quotas. 1KOMMA5 ° encourages a self-determined and CO2-neutral lifestyle. It combines craftsmanship and high technology to always deliver the cheapest and cleanest energy whether photovoltaics, energy storage, heat pumps, or electric car charging stations.

Fervo Energy

Series D in 2024
Founded in 2017, Fervo Energy specializes in developing and operating geothermal assets using proprietary technology. Based in San Francisco, the company generates clean power through innovative geoscience methods, aiming to provide a dispatchable foundation for a 100% clean energy future.

AMP

Series D in 2024
AMP Robotics Corporation specializes in designing and manufacturing robotic systems for material recovery facilities and recycling operations, focusing on automating the identification, sorting, and processing of complex waste streams. The company's flagship product, AMP Cortex, utilizes advanced robotics and computer vision technology to efficiently pick and sort recyclable materials, significantly lowering sorting costs. Additionally, AMP Neuron, a software solution, captures and analyzes material data to identify features in a manner similar to human perception. By leveraging artificial intelligence and machine learning, AMP Robotics enhances recycling processes for various waste types, including municipal solid waste and e-waste. The modular design of its systems allows for easy integration into existing infrastructure, minimizing disruption and capital investment. Founded in 2014 and headquartered in Louisville, Colorado, AMP Robotics has formed strategic partnerships to further its mission of improving recycling rates and economic recovery of recyclables.

Generate Capital

Private Equity Round in 2024
Generate Capital builds, owns, operates, and finances infrastructure assets across energy storage, solar power, energy efficiency, biomass, agriculture, wastewater treatment, mobility, and water resources. It offers standard financial products and custom-tailored solutions to technology manufacturers, project developers, contractors, and integrators.

BrightSource

Series F in 2012
BrightSource Energy, Inc. is a solar thermal technology company that specializes in designing, developing, and selling systems for utility-scale electric power plants both in the United States and internationally. The company utilizes fields of tracking mirrors, known as heliostats, which are controlled by proprietary software to concentrate sunlight onto a solar receiver/boiler unit, producing high-temperature steam. This steam can be harnessed for electricity generation via conventional steam turbines or for industrial applications, such as thermal enhanced oil recovery. In addition to its core technology, BrightSource provides comprehensive project development services that include site acquisition, permitting, and interconnection to the electrical grid. The company targets utility-scale solar thermal power project owners, contractors, and oil production companies, fostering strategic partnerships with notable firms in the industry. Founded in 2004 and headquartered in Oakland, California, BrightSource aims to offer low-cost, reliable clean energy solutions that help reduce dependency on fossil fuels.

BrightSource

Series E in 2011
BrightSource Energy, Inc. is a solar thermal technology company that specializes in designing, developing, and selling systems for utility-scale electric power plants both in the United States and internationally. The company utilizes fields of tracking mirrors, known as heliostats, which are controlled by proprietary software to concentrate sunlight onto a solar receiver/boiler unit, producing high-temperature steam. This steam can be harnessed for electricity generation via conventional steam turbines or for industrial applications, such as thermal enhanced oil recovery. In addition to its core technology, BrightSource provides comprehensive project development services that include site acquisition, permitting, and interconnection to the electrical grid. The company targets utility-scale solar thermal power project owners, contractors, and oil production companies, fostering strategic partnerships with notable firms in the industry. Founded in 2004 and headquartered in Oakland, California, BrightSource aims to offer low-cost, reliable clean energy solutions that help reduce dependency on fossil fuels.

BrightSource

Series D in 2010
BrightSource Energy, Inc. is a solar thermal technology company that specializes in designing, developing, and selling systems for utility-scale electric power plants both in the United States and internationally. The company utilizes fields of tracking mirrors, known as heliostats, which are controlled by proprietary software to concentrate sunlight onto a solar receiver/boiler unit, producing high-temperature steam. This steam can be harnessed for electricity generation via conventional steam turbines or for industrial applications, such as thermal enhanced oil recovery. In addition to its core technology, BrightSource provides comprehensive project development services that include site acquisition, permitting, and interconnection to the electrical grid. The company targets utility-scale solar thermal power project owners, contractors, and oil production companies, fostering strategic partnerships with notable firms in the industry. Founded in 2004 and headquartered in Oakland, California, BrightSource aims to offer low-cost, reliable clean energy solutions that help reduce dependency on fossil fuels.

New Energy Capital Partners

Venture Round in 2005
New Energy Capital Partners is a private equity firm focused on debt and equity investments in North American clean energy and related infrastructure assets. It backs small- to mid-sized projects across renewables and ancillary sectors such as energy storage, water and waste management, and combined heat and power, including wind, solar, geothermal, and biomass. Founded in 2003 and based in Hanover, New Hampshire, with additional offices in Boston, Waitsfield, Denver, and Waltham, the firm targets projects in development or pre-construction stages and seeks controlling interests. It emphasizes using proven technologies and risk mitigation through contracted energy and product sales, secured feedstocks, and diversified project portfolios. Typical investments range up to a few hundred million dollars, with exits by direct asset sales or by aggregating projects for group sale.

AdvisorTech

Private Equity Round in 2000
AdvisorTech believes intermediaries - from major broker-dealers, banks, and insurance companies to investment advisors and financial planners - will continue to play an important role in ensuring that individual investors achieve their goals. To compete effectively, intermediaries need access to Internet technology, high-quality products and investment insight - AdvisorTech provides that access. They do this with technology that supports investment selection, marketing, customer management, and the trading of mutual funds and other financial products. Their customers include both large and small financial intermediaries around the globe.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.