John Kerry Joins Billionaire Tom Steyer’s Investment Firm (1)

Billionaire Tom Steyer hired former US Secretary of State and top US climate diplomat John Kerry to join his sustainable-investing firm.

Kerry, 80, stepped down from the Biden administration in early 2024 after more than three years pressing nations to address global warming. He will be co-executive chair of Galvanize Climate Solutions, which was co-founded by Steyer and Katie Hall, according to a statement on Monday. The firm manages about $1 billion.

Kerry is the latest climate elder statesmen to get involved in sustainable investing after leaving politics. Steyer, 67, a former hedge fund manager, ran for the Democratic ...