Yellen’s Commitment to the Global Energy Transition and Decades of Economic Leadership Will Add Value to Angeleno Group’s Future Investment Activities and Existing Portfolio
Angeleno Group, the pioneering Los Angeles-based investment firm providing venture capital and growth equity to clean energy and climate solutions companies, announced that former U.S. Treasury Secretary and Federal Reserve Chair Janet Yellen has joined the firm’s Board of Advisors. In this senior advisory role, Secretary Yellen will offer strategic guidance to the firm, providing her considerable economic and policy expertise to benefit investors and entrepreneurs committed to accelerating the global energy transition.
Secretary Yellen’s appointment to Angeleno Group’s board reflects her long-standing commitment to addressing climate challenges and a global transition to a low-carbon economy. Her decades-long track record of public service and leadership in economic policy will also play an important role in helping to guide Angeleno Group’s investment activities and portfolio companies.
A Powerful Advocate for Advancing the Global Energy Transition
Throughout her career, Secretary Yellen has been an advocate for moving public and private capital to support the energy transition, working to integrate climate considerations and policy. Appointed Chair of the Council of Economic Advisers in 1997, she played a role in the international adoption of the Kyoto Protocol, an experience that catalyzed her interest in the climate space. Later, as a leader in the implementation of the Inflation Reduction Act, she championed the private sector’s ability to scale capital deployment to advance global sustainability agendas and transition to clean energy.
“We believe Secretary Yellen’s extraordinary talents and experience as an economist and policymaker, as well as her long-standing involvement in climate finance, will be immensely additive to our firm,” said Daniel Weiss, Co-Founder and Managing Partner of Angeleno Group.
Fellow Co-Founder and Managing Partner Yaniv Tepper added, “At a time of heightened uncertainty across the capital markets, geopolitics and public policy, Secretary Yellen’s distinguished expertise and insights will be invaluable as we navigate a dynamic investment environment and seek to scale the next generation of clean energy and climate solutions businesses.”
“I am delighted to join Angeleno Group at such a key juncture for the global economy and the global energy transition,” said Secretary Yellen. “Private capital has a critical role to play in accelerating innovation and delivering meaningful environmental and economic impact. Angeleno Group has been a leader in this space for nearly 25 years, and I look forward to contributing to its mission in this chapter of my career.”
Since concluding her service as U.S. Treasury Secretary earlier this year, Secretary Yellen has continued her commitment to address climate and sustainability challenges, having recently joined the advisory board of Harvard University’s Salata Institute for Climate and Sustainability. Her role at Angeleno Group will build on this commitment, enabling her to work directly with mission-driven entrepreneurs and investors advancing decarbonization technologies and climate solutions.
Secretary Yellen joins an esteemed group of Angeleno Group advisors composed of leaders across science, business, and public policy. Other members include former U.S. Secretary of Energy and MIT physicist Ernest Moniz, Nobel Laureate and Alphabet board member Frances Arnold, and economist and former Dean of the Berkeley Haas School of Business Laura Tyson.
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