Who We Are
To-date TGC employs over 32 investment professionals, back office and operating personnel that focus on investment origination, due-diligence, transaction execution, financing, risk management, back office operations, and physical asset management.
Panos Ninios is a Co-Founder and Managing Partner of True Green Capital Management LLC (“TGC”). He is primarily responsible for defining the firm’s investment strategy, portfolio management, risk management and capital strategy. Panos is the Chairman of the Investment Committee and contributes decades of experience investing in the North American and European renewable energy sector bringing deep regulatory and operational expertise to the TGC team.
Prior to TGC, Panos was a Managing Director for four years at Plainfield Asset Management, a special situations hedge fund based in Greenwich, Connecticut with over $5 billion in assets under management. During his tenure, he was responsible for a global $1.5 billion energy portfolio consisting of private equity, high yield debt and bank debt. While at Plainfield, Panos was a pioneer of what has now become known as the “energy transition” movement. He built and managed an approximately $250 million renewable energy private equity portfolio across a variety of technologies. In that context, Panos evaluated and invested in solar, biomass and biofuel production and power generation, bioplastics production and equipment manufacturing, and more mature technologies such as gas power generation and LNG. His experience at Plainfield informed Panos’ focus on distributed, commercial & industrial (“C&I”) solar power generation, as well as batteries and microgrids, as an actionable segment of the market that provides one of the most attractive risk/return profiles within the value chain. These areas have been TGC’s focus since the firm’s founding in 2011.
Earlier in his career, Panos was an Executive Director with the Goldman Sachs commodity business (JAron) in London, where he concentrated on European power and gas markets and distressed debt power markets. Panos also spent eight years with McKinsey & Co, where he eventually became an Associate Partner, serving major US and European energy companies on deregulation, M&A and commodity risk management. While working on his doctoral thesis, Panos acted as a consultant to the UK power sector, principally the Southern Electric PLC, and spent a year as a financial derivatives analyst at Intercapital Brokers in London.
Panos holds a Ph.D. in Electric Power Industry Deregulation Economics from the London Business School. His thesis addressed power industry deregulation in the UK, the first electric power industry to deregulate, globally. Panos’ work toward his Ph.D. laid the foundation for his professional career, providing Panos with the knowledge and skill set that has placed him at the forefront of electricity market innovation.
In addition to his Ph.D., Panos holds an M.Sc. in operations research from the London School of Economics, an M.Sc. in computer science from the University of Dundee, UK and a B.Sc. in pure mathematics from the University of Patras, Greece.
Prior to True Green Capital, Bo was a principal at Voyage Investment Management, an alternative investment firm. Bo began his career as an analyst in BlackRock’s Proprietary Alpha Group.
Bo received an A.B. from Harvard University and was a member of the varsity tennis team.
Dan previously served as Controller of ESL Investments Inc. from 2004 through 2013, where he was responsible for operations, accounting and tax for a multi-billion dollar group of hedge funds.
Dan earlier served at Globeop Financial Services, as Head of Operations; Deephaven Capital Management as Controller; and with The State Investment Council, Bank of Bermuda, as Portfolio Accountant. Dan began his career as an Associate with Arthur Andersen.
Dan received his Master of Professional Accounting degree from University of Texas at Austin, and his BS/BA in Accounting from Western New England College.
Previously, Don was a partner in the corporate department of Seyfarth Shaw LLP, a large international law firm, where his practice encompassed advising public and private companies across a broad range of transactions, as well as advising private fund managers and other financial sponsors on fund formations, capital raising, and regulation. Don also served as Vice-Chair of the firm’s Energy and Clean Technologies Group and has significant experience in the renewable energy and clean technology sectors.
Earlier in his career Don served as General Counsel at RNK Capital, an investment management company with peak assets under management in excess of $1 billion that focused on investments in the environmental, clean technology and renewable energy sectors. Earlier in his career, Don practiced law in the M&A group at Sullivan & Cromwell LLP.
Don holds an AB from Georgetown University and a JD from New York University School of Law, where he was a Notes Editor for the NYU Law Review.
Patricia has over twenty years’ experience marketing investments to public and corporate pension plans and foundations and endowments, as well as to financial institutions, corporations, and private investors. From 2014 through 2017 Patricia represented TGC and raised TGCs second and third funds prior to joining TGC as a Partner.
In 1998 Patricia founded Strategic Marketing Solutions (SMS) a full-service broker dealer specializing in private equity and private real assets fundraising with a focus in the energy sector, while at SMS she raised over $2.8 billion in capital for private equity and energy infrastructure funds. From 1995 to 1998 she was Director of Marketing and Investor Relations for Energy Investors Funds (EIF) assisting EIF in designing and implementing their fundraising and marketing strategy. From 1991 to 1995 she was Vice President of Marketing for CMA Capital Management, a boutique investment bank specializing in asset-based structured financings for utilities and independent power companies. Earlier in her career, she was Manager of Special Products for Phoenix Leasing, responsible for marketing venture leasing financial transactions on a direct basis.
Patricia has an Associate of Arts Degree from Columbus College in Seville, Spain.
Prior to joining TGC Ilias was for five years director of Thyssenkrupp Steel USA where he was responsible for plant wide operations at a 5 million ton flat steel mill in Alabama. The twenty years prior to Thyssenkrupp, Ilias held various positions in manufacturing and technology companies in Europe including most recently the roles of Chief Operating Officer in Heliosphera SA (a solar panel manufacturer) and Larco SA (the largest European ferronickel producer).
Ilias hold a Licentiate of Technology (Ph.D. equivalent) from the Helsinki University of Technology in Metallurgy and Corrosion Engineering, an M.Sc. from the National Technical University of Athens and the Helsinki University of Technology and a Diploma in Business Administration from ALBA University
Beth brings a multi-decade wealth of experience in Human Resources to TGC. Previously, Beth founded Lanirock Consulting, LLC., a full-service HR consulting firm and has advised chief executives and senior business leaders across several industries. Prior to Lanirock, for a fifteen year period, Beth led the Human Resource initiatives for Rothschild North America. Earlier in her career, for a decade, Beth held a variety of human resource positions at Credit Suisse and Bankers Trust.
Beth received her B.A. in Economics from Fordham University and is a certified executive coach.
Prior to joining TGC in 2014, Chris spent over a decade as a power & utilities investment banker in roles from Associate to Director at Deutsche Bank and WestLB. His primary focus was originating and executing power project finance and M&A transactions.
Earlier in his career, Chris worked in various primarily finance-related positions at the Vanguard Group, Citigroup, and McKinsey & Company.
Chris holds a MBA in Finance from the Yale School of Management and a BA in English from Kenyon College.
Prior to starting at TGC in 2013, Adam spent close to 10 plus years in the commercial real estate industry with the last 8 years from 2004-2011 overseeing acquisitions for a family commercial real estate fund in Miami, FL focusing on of income producing office and industrial acquisitions.
Adam holds a Master’s in Real Estate from the Chapman Graduate School of Business and B.Sc. in Finance from Indiana University.
Prior to joining TGC in 2019, Rohan spent three years at McKinsey & Company as an Associate and most recently as an Engagement Manager, advising public and private sector clients on decarbonization strategies, clean technologies, and utility operations as part of the firm’s Electric Power and Natural Gas practice. Between 2008 and 2014, Rohan worked for Schlumberger as an R&D Engineer in France and as a Field Engineer in the US, where he designed and operated deep-water oil and gas drilling telemetry products.
He holds an MBA from the Tuck School of Business at Dartmouth and a Bachelors of Engineering in Electronics & Communications from Manipal University.
Prior to joining TGC, he was an Audit Assistant at Deloitte and Touche specializing in financial services industry. Maxim has done extended internships (“co-ops”) with Eze Software Group, delivering trading connectivity products to sell-side brokers, and Deloitte and Touche (US) and KPMG Russia as an external auditor.
Maxim holds a B.S. in Finance and Accounting from Northeastern University and studied at The Russian Presidential Academy of National Economy and Public Administration. Maxim is a CFA® chartholder and a CPA in the state of New York.
Alex is also involved in supporting Fund marketing & investor relations and coordinating project development among internal functions.
Prior to joining True Green Capital, Alex worked for a year as a Project Financial Analyst at Brightcore Energy, supporting origination of clean energy solutions for commercial customers.
Alex holds a B.A in Economics from Yale University.
Prior to joining TGC in 2018, Noah spent three years as the Business Development and Project Manager for SunTegra Solar where he launched a unique building-integrated solar roofing product through a network of roofing and solar contractors in the East Coast residential market. During his time at SunTegra Solar, he earned a solar energy technical certification from the North American Board of Certified Energy Practitioners.
Noah holds a B.S. in Management from Tulane University and graduated Summa Cum Laude with Honors.
Operations & Legal
Christina brings over a decade of experience in fundraising and investor relations in the power industry. Christina was a Managing Director, Head of Product and Investor Relations, for energy and infrastructure at Ares Management, L.P., and Vice President of Investor Relations and Marketing at Energy Investors Funds, a private equity firm focused on the U.S. power sector. At both Ares and EIF, Christina was the primary contact for over 100 investors across the globe. She was instrumental in facilitating fundraising of over $2 billion of capital.
Christina is a finance lawyer by training, with experience at both Latham & Watkins LLP in San Francisco and Milbank LLP in New York City.
Christina earned her J.D. and LL.M. from Duke University School of Law in 2003, where she was Editor-in-Chief of the Duke Journal of Comparative and International Law. She received her B.A. in English literature from Haverford College in 1997, where she was also co-captain of the varsity tennis team.
Rami previously served in roles at PricewaterhouseCoopers from 2010 to 2014 auditing Fortune 500 companies as well as private corporations and performing tax services to private corporations including Private Equity Firms. Prior to PwC, he served as a Staff Accountant at Maier, Markey & Justic, assisting smaller companies with back office reporting and auditing larger companies.
Rami received his Masters of Business Administration and Bachelor of Business Administration degrees with a concentration in Accounting from Pace University. He’s been an active Certified Public Accountant since 2012.
Susan Amble is Senior Counsel at True Green Capital Management LLC.
Prior to working at TGC, Susan worked for Freshfields Bruckhaus Deringer, US LLP, the global legal firm, in its financial institutions and contentious disputes groups. She has expertise in criminal defense investigations, regulatory enforcement actions and civil litigation.
Susan graduated summa cum laude from Princeton University and holds a law degree from Harvard.
Prior to joining TGC in 2016, Kathryn worked for three years as the Managing Paralegal in the asset management group of Credit Suisse. Before that, Kathryn began her career in New York in 2004 at Watson, Farley & Williams LLP, a large international firm, where she worked in the project finance group concentrating on shipping and marine assets and then, later, completed a year at BBAM US LP, a San Francisco based asset management firm focused on the commercial aviation industry.
Kathryn holds a B.A. in Political Science from Northeastern University.
Prior to joining TGC in 2016, Kelsey began her career at public accounting firm BlumShapiro, where she held the position of Senior Accountant and served four years specializing in the audit of private companies.
Kelsey holds a B.S. in Business with a concentration in Accounting from the University of Connecticut.
Prior to joining TGC in 2019, Vanessa worked for three years as an A/P & A/R specialist in property management, supporting day-to-day management of payments and collections.
Vanessa holds an A.S. in business management, with a B.S in Accounting, in progress, at Sacred Heart University.
Before Goldman, John was a Senior Vice President in the commodity trading group at Lehman Brothers for seven years.
John has also worked in commodities trading for Mitsui & Co., Metallgesellschaft Corp., and also in auditing for Ernst & Ernst (now Ernst&Young).
Prior to forming WR , Henri was Partner of Lehman Brothers Merchant Banking Partners and Managing Director of Lehman Brothers Inc. Henri was a member of Lehman’s Investment Committee and IB Operating Committee.
Henri has invested across a wide range of industries. He sits on boards of portfolio companies and plays an active role in capital allocation and strategy decisions.
Prior to forming WR, Frank worked at Kidder, Peabody, Inc., in New York City in the equity syndicate department.
Frank has extensive private equity and capital markets experience across a wide range of industries. In addition to sitting on the board of TGC and other portfolio companies, he currently serves as a director to several corporations including First Constitution Bancorp (NASDAQ: FCCY)