Key Takeaways
- • Galvanize Climate Solutions announced three new senior hires and three new equity analysts for a London-based team that will join its climate solutions investment platform.
- • Seth Kirkham, Philip Goldsmith, and Asad Rahman join as senior hires; Kirkham, formerly co-Portfolio Manager at London-based DSAM Partners ($2 billion long-short fund), will lead the London-based Galvanize equities team.
- • Jonathan Hanks, Federica Sallorenzo, and Max Yoward join as equity analysts, bringing sell-side and buy-side experience from Goldman Sachs, Builders Union, DSAM Partners, and Evercore ISI.
- • The three senior hires bring a combined 70 years of financial markets experience, according to the company.
Summary
Galvanize Climate Solutions, the San Francisco-based mission-driven investment platform co-led by Co-Executive Chairs Tom Steyer and Katie Hall, announced on October 12, 2022 that it has added three senior hires and three analysts to its team, according to a Business Wire release. The new London-based team will expand the firm's climate solutions platform, which was launched in September 2021 to provide capital, expertise, and partnerships for scaling climate solutions.
Seth Kirkham joins from DSAM Partners, a London-based $2 billion long-short fund focused on EU and US equities, where he was co-Portfolio Manager. He will lead the London-based Galvanize equities team. Philip Goldsmith also joins from DSAM, where he and Kirkham served as Partners and Co-Heads of Research. Asad Rahman was previously at TOMS Capital, a New York-based hedge fund, and has also held roles at Akaris Global Partners and Mason Capital. According to the release, the three senior hires have 70 years of combined financial markets experience, with Kirkham and Goldsmith having worked together for six years.
The firm also added three equity analysts. Jonathan Hanks has seven years of sell-side experience, including as a vice president covering industrials at Goldman Sachs, and has worked in the UK Prime Minister's office on science and technology policy and net-zero transitions. Federica Sallorenzo has seven years of experience, including more than three years on the buy side at Builders Union, a London-based equity long-short fund, and four years in Goldman Sachs' M&A team. Max Yoward has seven years of experience, including two on the buy side at DSAM Partners and five on the sell side at Evercore ISI.
In statements included in the release, Steyer and Hall framed the hires as strengthening the firm's ability to act as a partner for companies integral to the energy transition. Kirkham cited market dynamics in which equity markets are rewarding climate-aligned behavior and capital is being directed toward transition opportunities. Goldsmith highlighted the benefits of an aligned firm investing across the capital structure, including information sharing across strategies.
Seth Kirkham joins from DSAM Partners, a London-based $2 billion long-short fund focused on EU and US equities, where he was co-Portfolio Manager. He will lead the London-based Galvanize equities team. Philip Goldsmith also joins from DSAM, where he and Kirkham served as Partners and Co-Heads of Research. Asad Rahman was previously at TOMS Capital, a New York-based hedge fund, and has also held roles at Akaris Global Partners and Mason Capital. According to the release, the three senior hires have 70 years of combined financial markets experience, with Kirkham and Goldsmith having worked together for six years.
The firm also added three equity analysts. Jonathan Hanks has seven years of sell-side experience, including as a vice president covering industrials at Goldman Sachs, and has worked in the UK Prime Minister's office on science and technology policy and net-zero transitions. Federica Sallorenzo has seven years of experience, including more than three years on the buy side at Builders Union, a London-based equity long-short fund, and four years in Goldman Sachs' M&A team. Max Yoward has seven years of experience, including two on the buy side at DSAM Partners and five on the sell side at Evercore ISI.
In statements included in the release, Steyer and Hall framed the hires as strengthening the firm's ability to act as a partner for companies integral to the energy transition. Kirkham cited market dynamics in which equity markets are rewarding climate-aligned behavior and capital is being directed toward transition opportunities. Goldsmith highlighted the benefits of an aligned firm investing across the capital structure, including information sharing across strategies.
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