Ex-U.K. Foreign Secretary Miliband To Advise VantagePoint

Jul 20 2011 | 9:13am ET

VantagePoint Capital Partners has tapped former UK Foreign Secretary David Miliband as a senior advisor on it CleanTech advisory council.

Milliband, a British Labour politician, has been a member of parliament since 2001. In addition to serving as former PM Gordon Brown’s Foreign Secretary, he held a number of posts in the government of Tony Blair. Miliband is the brother of current Labour Party leader Ed Miliband, who defeated him for the post last year.

As a senior advisor to the Silicon Valley-based VantagePoint, Miliband will advise the investment team on “international opportunities and policy innovations.”

“The global energy environment is one where innovation meets with geo-political realities," said Alan Salzman, CEO and managing partner of VantagePoint. "David brings a truly unique perspective and world-class experience that will help us navigate complex energy markets. We are very pleased to have him as a senior advisor.

“I look forward to putting my political experience to work in helping to solve energy innovation and efficiency challenges in today's global financial markets," said Miliband. "In a world shifting from resource plenty to resource scarcity I am looking forward to working with VantagePoint towards real solutions to global energy needs."

In addition to its Silicon Valley headquarters, VantagePoint has offices in Hong Kong and Beijing; more than $4.5 billion in committed capital; and active investments in over 70 companies, including BrightSource Energy, Bridgelux, MiaSole, Switch Lighting, Solazyme, Liquid Robotics, Tesla Motors, Trilliant, Tendril and Better Place.


In Depth

U.S. Treasury Moves on Reinsurance Loophole

Apr 24 2015 | 5:11pm ET

The U.S. Treasury Department has released proposed rules aimed at limiting the ability...

Lifestyle

Artivest Announces Funding Round Led by KKR & Co.

May 4 2015 | 9:56am ET

Artivest, a startup that provides individual investors with access to private equity...

Guest Contributor

Starting a ‘40 Act Fund Family? Don’t Forget Your Board

Apr 30 2015 | 7:18am ET

The convergence of the hedge fund and mutual fund worlds continues unabated, as...

 

Editor's Note