Philadelphia, May 3, 2021 — Reinvestment Fund announced that Steve Chung is its new Senior Director for Clean Energy and Sustainability. Steve was formerly with the Green Climate Fund, which was established in 2010 through the United Nations to invest in transformational climate projects in the developing world. In his new role at Reinvestment Fund, Steve is primarily responsible for growing Reinvestment Fund’s clean energy lending portfolio and managing its dedicated clean energy funding sources.
Prior to Green Climate Fund, Steve worked in investment roles for the United Nations Pension Fund and TIAA-CREF. Steve holds a bachelor’s degree from the University of California at Berkeley, and an MBA from NYU Stern.
“We are thrilled to welcome Steve Chung to our team,” said Nancy Wagner-Hislip, Chief Investment Officer at Reinvestment Fund. “Steve’s impressive background is well-aligned with Reinvestment Fund’s efforts to expand our impact on a sustainable future and we look forward to growing our clean energy portfolio of work.”
About Reinvestment Fund
Reinvestment Fund is a mission-driven financial institution committed to making communities work for all people. We bring financial and analytical tools to partnerships that work to ensure that people in communities across the country have the opportunities they strive for: affordable places to live, access to nutritious food and health care, schools where their children can flourish, and strong, local businesses that support jobs. We use data to understand markets and how transactions can have the most powerful impact, which has consistently earned us the top Aeris rating of AAA for financial strength and four stars for impact management. Our asset and risk management systems have also earned us an A+ rating from S&P. Since our inception in 1985, Reinvestment Fund has provided over $2.4 billion in financing to strengthen neighborhoods, scale social enterprises, and build resilient communities. Learn more at reinvestment.com.