Venture Capitalist Jonathan Silver Joins DOE

Nov 11 2009 | 8:51am ET

Jonathan Silver, former managing partner of Core Capital Partners, has been appointed to head the loan program office at the U.S. Department of Energy (DOE).

Appointed by Energy Secretary Steven Chu, Silver will oversee the department’s Loan Guarantee Program as well as the Advanced Technology Vehicles Manufacturing (ATVM) loan program. Silver will report directly to Secretary Chu, helping accelerate the application review process for both programs.

As executive director, Silver will be responsible for staffing the programs and leading origination, analysis, and negotiation, as well as managing the full range of the department’s alternative energy investments.

Prior to his work at Core Capital Partners, an early-stage investor in alternative energy, advanced manufacturing, telecommunications and software, Silver was a managing director and CEO of Tiger Management. He began his career at McKinsey and Company.

Silver has extensive public sector experience as well, having served as a policy advisor to the Secretaries of Commerce, Interior and Treasury in the 1990s. During this time, Silver was also a member of the team that negotiated the first clean car agreement with the nation’s auto manufacturers. He has also served on numerous non-profit boards, including, for many years serving as chairman of the board of American Forests.

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