Elevate your enterprise data technology and strategy at Transform 2021.
Former state treasurer, Phil Angelides, will set up his own venture firm in Sacramento.
In an interview with Bizjournal, Phil Angelides says his firm will invest first in real estate and green building projects, where he has experience. Over time, he’ll invest in other environmental projects and products, he said. As treasurer, Angelides led the state initiative four years ago to begin supporting investments in green technology — which helped spark interest in the area by Silicon Valley’s venture capitalists.
Thus continues the revolving door tradition in Sacramento. Like many other pension executives before him, Angelides should find it easy to draw on his contacts at California state pensions, such as CalPERS and CalSTRS, to help him raise money for his firm. He served on their boards for years, overseeing investment decisions.
VentureBeatVentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
- up-to-date information on the subjects of interest to you
- our newsletters
- gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
- networking features, and more