Everett Smith is a Founding Partner of the Firm. Before co-founding NewWorld, he was a Managing Director at New Energy Capital, a private equity firm with investments in the renewable electricity, energy efficiency and renewable fuels sectors in North America .
Earlier, Mr. Smith served in a variety of senior positions at GE Capital over 15 years, including Managing Director and Executive Vice President in the GE Structured Finance Group, the unit responsible for GE’s energy and infrastructure investment activities. Among his roles, he led business development, focusing on asset and business acquisitions and new business platforms. Previously, he headed SFG International, with responsibility for building a $1.5 billion private equity portfolio in the energy, infrastructure, transportation and telecommunications sectors. He was involved in the establishment of the $1.2 billion AIG-GE Capital Latin America Infrastructure Fund and served on its Investment Committee while the Fund made numerous energy and infrastructure investments. Earlier, Mr. Smith led SFG’s Asian investment activities, closing multiple energy-related private equity investments. Mr. Smith joined GE Capital Services in 1989 with responsibility for providing capital for corporate and project finance transactions for U.S. utility and related energy companies. During this time, he co-developed and financed a number of cogeneration facilities, including a development joint-venture with Pacific Gas & Electric and Bechtel, GE Capital’s largest private equity investments in power at that time.
Prior to joining GE Capital, Mr. Smith spent 11 years at Chemical Bank where he became a Vice President in the Energy & Minerals Group focused on utility corporate and project finance and financings for the independent oil and gas industry. Following GE, he was a Partner at Coller Capital, a private equity secondary investment firm. He also served as a Venture Partner in the CleanTech Group at VantagePoint Venture Partners, NEC’s parent company.
Everett Smith is a graduate of Vassar College (BA, Economics) and holds an MBA from the University of Houston.