Investment Committee

Joe Evans is portfolio manager for The Kresge Foundation’s Social Investment Practice, and is responsible for managing loans, guarantees, deposits and equity investments that support Kresge’s mission.  He also works to originate, structure and close new investments in accordance with prudent social investment practices, relevant regulations and foundation priorities. He joined the foundation in 2014.

Prior to joining Kresge, Joe worked for more than 10 years as a generalist with a nationally recognized consulting firm practicing in the areas of organizational development, nonprofit business planning, social investing and multi-funder initiatives.  

Joe also served as an executive at a community action agency, and most recently was the director of lending for a specialty community development financial institution focused on expanding housing and educational choices for persons living with disabilities and their families.

He earned a bachelor’s degree in philosophy from Southern Connecticut State University in New Haven, Conn. 

 

Bert Hunter is the Chief Investment Officer of the Connecticut Green Bank. Bert leads the finance team’s development of new and innovative financing programs that attract more private capital to scale-up the state’s clean energy investments, including energy efficiency, renewables and alternative fuel vehicles and associated infrastructure. Bert was Vice President of Finance and Chief Financial Officer of Spectrum Capital, Ltd, an investment bank focused on commercial aircraft finance and investment in U.S. electric power generation. He was accountable for all financial control and served as the company’s senior risk officer, overseeing all extensions of credit and investment of the firm’s capital. Prior to Spectrum, Bert was the treasurer of the international leasing company of Chemical Bank, where he managed the funding for a billion-dollar portfolio of aircraft and equipment loans and leases outside the United States. Bert is an alumnus, a former Trustee and former member of the Board of Visitors of Wake Forest University (BS) and received his MBA from the Wharton School at the University of Pennsylvania.

Kerry O’Neill leads Inclusive Prosperity Capital, a not-for-profit investment fund that was spun out of the Connecticut Green Bank in 2018 to scale up impact for underserved communities and underinvested markets. Inclusive Prosperity Capital operates at the intersection of community development, clean energy finance and climate impacts using a collection of products and strategies that were scaled throughout Connecticut using an “ecosystem” approach to matching capital supply with project demand. Kerry’s prior work at the Connecticut Green Bank managing single family and multifamily financing programs and low-to-moderate income initiatives has given her tremendous exposure to the kind of institutional challenges – and opportunities – associated with clean energy investing for underserved communities. She and her team launched 11 products in five years using a channel marketing and partnership origination approach and a variety of financial structures, all sharing a focus on reducing energy burdens by expanding access to credit. Prior to joining the Green Bank, Kerry was Senior Advisor at the Clean Energy Finance Center, a non-profit organization she co-founded. Kerry also co-founded Earth Markets, a consulting firm that developed and managed community-based social marketing programs to accelerate demand for energy efficiency. Previously, Kerry was EVP of Transaction Management, Product Development and Strategy at Clayton Holdings, an industry-leading provider of credit risk analytics and due diligence services in the mortgage-backed securitization market. She has also held executive roles in operations, marketing and strategy in diverse sectors including e-commerce, direct marketing, and educational services. Kerry earned a BS in computer science and engineering from MIT and a master’s degree from NYU Tisch School of the Art’s Interactive Telecommunications Program.

Chris Magalhaes is Chief Investment Officer of Inclusive Prosperity Capital, responsible for day to day financing and investment activities. Chris leverages a history of designing and deploying scalable financing structures at the Connecticut Green Bank with 5 years of private capital business development experience at S&P Capital IQ and a variety of corporate strategy, corporate finance, and tax equity roles in between. Chris graduated with a BA in History, and a BA in Economics, from NYU, and with an MBA and an MEM from Yale University.