The Pegasus Team

Pegasus’ global team is an extraordinary group of professionals and advisors, from former CEOs and industry-leading specialists to the next generation of global leaders, we all put our skills to work and create value beyond returns.


Paola is a seasoned strategy, innovation and transformation officer with more than 20 years in the consumer-packaged goods (CPG) and consulting industries, now focused on value creation, mutual sustainable solutions and the frontiers and resilience of human systems. For the last 4 years, she was the Chief Innovation Officer for Mars, Inc and is well recognized for her fluent ability to bring the outside in, articulating the next generation of needs and tactical solutions, which can be seen throughout her career at Mars, having spent it developing and implementing strategic plans, M&A integration, insights and intelligence analysis, global governance methodology, next generation capabilities, and managing external partnerships, including the United Nations (Food and Agriculture Organization, World Food Programme and World Health Organization), World Bank and African Union. She is also a highly experienced systems thinker, known as a skilled network orchestrator, managing multi-stakeholders in public and private networks, deploying multi-disciplinary change in large-scale programs. Her current focus is in helping broad acceleration and scale up of Sustainable Development Goals solutions across multiple sectors and stakeholders. Paola is a dual citizen from Brazil and the US, and holds an undergraduate degree in Economics and Anthropology from Rutgers University, as well as graduate degrees in Project Management (Lehigh University), Negotiation and Strategic R&D Management (both from INSEAD).

Prior to joining Pegasus, Mr. Catan earned an M.B.A. from Northwestern University – Kellogg School of Management, a period during which he also engaged with Solum Partners, the former natural resources team of Harvard Management Company, and mostly with Neptune NRCP, the first aquaculture-focused private equity firm, leading deals in the aquaculture space. Prior to his M.B.A., Celso worked at Stratus Group, a middle-market private equity firm in Brazil. In addition to the M.B.A., he also holds a Bachelor’s degree in law from the Mackenzie Presbyterian University.

Craig Cogut has spent a career building successful investment businesses. Mr. Cogut founded Pegasus, a private equity fund, in 1995 and serves as its Chairman and CEO, and is a member of the management committee and the investment committee. Through Mr. Cogut’s leadership, Pegasus has focused on sectors influenced by global resource scarcity and the need to combat climate change, as well as on the growth in demands globally for human health and wellness, leading to Pegasus becoming the first U.S. private equity fund manager to be accredited by the Green Climate Fund. In 1990 Mr. Cogut co-founded and was one of the original partners at Apollo Advisors L.P., a position he held for six years preceding the creation of Pegasus. Mr. Cogut is currently Vice Chairman of the Board of Directors of PanTheryx.  In addition, Mr. Cogut has been an active philanthropist in the fields of improving education, building civil society and championing environmental and health issues. Mr. Cogut currently serves as Chairman of the finance advisory board of the Global Alliance for a Sustainable Planet, a non-profit focused on leveraging private finance for public good in order to achieve sustainable development goals.  Mr. Cogut is an alumnus of Brown University and Harvard Law School.

David Cogut is a Partner and is a member of the firm’s management committee, investment committee and valuation committee.  Prior to joining Pegasus, Mr. Cogut was an investment banker at Moelis & Company, where he focused on mergers & acquisitions, corporate restructurings and financing transactions across the gaming and lodging, industrials, media, real estate, and technology sectors.  Mr. Cogut currently oversees Pantheryx, Renaissance Downtowns, Six Senses US, and SleepScore Labs.  Past investments in which Mr. Cogut was highly involved include Six Senses, Spirit Music and Halo, Purely for Pets.  Mr. Cogut also serves on the board of the Advisory Council for the Institute at Brown for Environment & Society.  Mr. Cogut graduated from Brown University with a major in Economics.

Tim Corfield is an Operating Partner at Pegasus, focusing on renewable energy investments for the Subnational Climate Fund.  Prior to joining Pegasus, Mr. Corfield led the Impala Energy Group, an established African power platform with a focus on natural gas-renewable hybrid power and thermal energy generation.  Mr. Corfield has over 30 years’ experience in infrastructure delivery across engineering, development, construction, finance, operations and maintenance.

Over his career, Dale Galvin has served in a variety of leadership roles in the international conservation, finance, investment, and technology sectors. His positions have included Fund Manager of the Meloy Fund I, LP, Chief Operating Officer of Rare, an international conservation organization, and Chief Financial Officer of PA Consulting Group North America. Mr. Galvin holds a B.A. in Economics from Cornell University and an M.B.A. from the MIT Sloan School of Management.

Mr. Galvin is the Managing Partner of Deliberate Capital LLC, a subadvisor to Pegasus Capital and the GFCR Investment Fund SCSp.

Ronen Gani is an Operating Partner at Pegasus, focusing on renewable energy investments for the Subnational Climate Fund.  Prior to joining Pegasus, Mr. Gani was a co-Founder, Chief Financial Officer and Chief Operating Officer of Impala Energy Group, an established African power platform with a focus on natural gas-renewable hybrid power and thermal energy generation.  Mr. Gani has over 20 years’ experience in business development, finance, investing and accounting in the gas and energy industry.  Mr. Gani is a qualified accountant with over seven years of Big 4 experience, including commercial negotiations, transaction structuring and establishing financial governance.

Natalie Gartmann is the ESG & Impact Manager of Pegasus. Ms. Gartmann is a member of the Sustainability Committee. Prior to joining Pegasus, Ms. Gartmann was a Consultant at the global management consulting firm Sustainserv where she advised companies on integrating sustainability into long-term strategies, everyday operations, and reporting. She has a strong background in the financial sector, which includes developing and implementing responsible investment policies, integrating ESG into investment decision-making processes, and conducting impact assessments. Ms. Gartmann holds a Master’s in Management from HEC Paris and a Bachelor’s degree in International Affairs from the University of St. Gallen.

Nicolas Hasselbach is an Operating Advisor at Pegasus, focusing on renewable energy investments for the Subnational Climate Fund. Mr. Hasselbach joins Pegasus with over seven years’ experience in engineering, finance and investments as an engineering lead and financial analyst most recently at Impala Energy Group. Focus areas include investment / market analysis, technology development and testing, and strategic consulting in the energy and automotive sector. Mr. Hasselbach has a Master’s in Engineering and has passed CFA Level III.

Anuj Kamdar is a Principal at Pegasus. Prior to joining Pegasus, Mr. Kamdar was an investment banker at Moelis & Company, where he focused on mergers & acquisitions, corporate restructurings and financing transactions across the media, technology, and consumer retail sectors. Past investments in which he has been involved include Six Senses, Spirit Music Holdings and Carol’s Daughter.  Mr. Kamdar is currently heavily involved with PanTheryx, Renaissance, Accordant and Creative Realities.  Mr. Kamdar graduated from California Berkeley with a B.A in Business Administration from the Haas School of Business.

With over 25 years of working experience in the investment space, Peter is a veteran technology and impact investor with experience investing in both private and public companies across Asia, U.S. and Europe. As an early investor in the impact sector (water, energy and agriculture), Peter has led more than 20 deals in this area since 2003. Prior to entering the private equity sector, he was a highly ranked equity analyst at Morgan Stanley. Peter advises and sits on numerous boards in the water, technology, and agriculture/aquaculture sectors.

Richard Kidd, a seasoned Senior Executive, has held key roles in four US Federal Agencies and the Executive Office of the President. He is a recognized leader in public sector sustainability and led the multi-billion-dollar clean energy transition within the US Department of Defense. Beginning his career in the Army, Richard then served as an international civil servant with the United Nations’ World Food Programme and the UN High Commissioner for Refugees, addressing food security and development needs of societies impacted by conflict. Transitioning to the State Department’s Bureau of Political Military Affairs, he managed programs addressing post-conflict threats to civilians.  In 2007, Richard became the Director of the Department of Energy’s Federal Energy Management Program, accelerating the adoption of clean energy technologies across Federal Agencies. Later, as the Deputy Assistant Secretary of the Army for Energy and Sustainability, he fostered public-private partnerships focused on energy efficiency and renewable energy deployment. Richard’s career journey led him to the Executive Office of the President, where he established the Federal Permitting Improvement Steering Council, a small agency dedicated to accelerating the construction of major infrastructure projects. His most recent public role was as the Deputy Assistant Secretary of Defense for Environment and Energy Security, providing strategic direction and oversight for the Department’s environmental stewardship and energy resilience efforts including oversight of a large clean-energy research and development program. He now provides strategic advice and counsel on decarbonization, climate resilience, and sustainability to a diverse set of clients, including international consulting firms, private equity entities, major utilities, state-owned enterprises, and clean-tech startups. Richard holds degrees from the United States Military Academy and the Yale School of Management. He has extensive travel and work experience in over 70 countries.

The first-ever White House National Climate Advisor and former U.S. EPA Administrator, Gina McCarthy is one of the nation’s most respected voices on climate change, the environment, and public health. As head of the Climate Policy Office under President Biden, McCarthy’s leadership led to the most aggressive action on climate in U.S. history, creating new jobs and unprecedented clean energy innovation and investments across the country. Her commitment to bold action across the Biden administration, supported by the climate and clean energy provisions in the Bipartisan Infrastructure Law and the Inflation Reduction Act, restored U.S. climate leadership on a global stage and put a new U.S. national target to cut greenhouse gas emissions by 50-52 percent below 2005 levels by 2030 within reach.

Throughout her years of public service in both Republican and Democratic administrations, McCarthy is credited for her common-sense strategies and ability to work across the aisle, with states, communities, business leaders, and the labor community, to tackle our nation’s toughest environmental challenges in ways that spur economic growth. and improve public health for workers and families, especially those living in environmental justice communities.

Before joining the Biden administration, McCarthy served as President and CEO of the Natural Resources Defense Council, one of the nation’s largest and most influential environmental advocacy organizations. Prior to NRDC, she was a Professor of the Practice of Public Health in the Department of Environmental Health at Harvard T.H. Chan School of Public Health where she served as the Director of the Center for Climate, Health, and the Global Environment. She was also a fellow at the Harvard Kennedy School of Government. During this time, she engaged students and climate science thought-leaders across the faculty, as well as corporate and non-profit leaders across the world, to coordinate strategies to turn climate and health science into actions that promote a healthier, more sustainable, and just world. McCarthy also served as a Member of the Board of Directors of the Energy Foundation and Ceres and was an operating advisor to Pegasus Capital, an impact investment management firm focused on climate-related investing.

From 2013–2017, McCarthy was the Administrator of the U.S. Environmental Protection Agency (EPA) under President Obama. McCarthy focused on using science and input from broad external engagement to strengthen clean air standards including establishing tighter standards on mercury pollution, a new EPA Clean Water Rule to protect rivers and streams that 117 million Americans rely on for drinking water, the first national standards requiring reductions in greenhouse gas emissions for fossil-fuel-fired power plants, and many other policies, programmatic and regulatory efforts that demonstrated the United States’ strong commitment to protecting public health and the environment. To advance climate and environmental justice domestically and internationally, McCarthy worked to implement President Obama’s climate action plan spearheading U.S. international engagements that resulted in the passage of the Kigali Amendment to the Montreal Protocol to phase out the use of high global warming chemicals and engaged in efforts leading to the adoption of the Paris Climate Agreement.

Prior to her role as EPA Administrator, McCarthy held the position of Assistant Administrator in the Office of Air and Radiation. Prior to that Presidential appointment, McCarthy was the Commissioner of the Connecticut Department of Environmental Protection, where she served as Chair of the Governor’s Climate Advisory Council, developed the state’s Climate Action Plan, began an initiative called “No Child Left Inside” to introduce families to the natural world by visiting state parks, helped design and implement the nine-state Regional Greenhouse Gas Initiative (RGGI), the nation’s first cap and trade program to reduce greenhouse gas emissions for power plants. She also held senior positions in the administration of five Massachusetts governors, including Deputy Secretary of the Office of Commonwealth Development and Undersecretary for Policy for the Executive Office of Environmental Affairs.

McCarthy earned a Bachelor of Arts in Social Anthropology from the University of Massachusetts at Boston and a joint Master of Science in Environmental Health Engineering, Planning and Policy from Tuft’s University.

Chester brings more than 11 years of work experience in the fields of corporate finance, management consulting, and internal auditing. He holds a Bachelor’s degree in Financial Management and Accounting from the University of Cordilleras and an M.B.A. from the Asian Institute of Management.

Razak has more than 7 years of working experience in corporate banking and impact investing roles with HSBC, CIMB, and Proparco. He holds a Bachelor’s degree in Regional and City Planning from the Institute of Technology, Bandung and an M.B.A. from Georgetown University.

Antoine is the ESG and Impact Manager for the GFCR Investment Fund. Before joining the GFCR Investment Fund, he spent five years at Mirova as the ESG Manager and then Technical Director for the Sustainable Ocean strategy, contributing to the deployment of over USD 100m across multiple transactions mainly in emerging markets. Prior to entering the impact investment sector,  he worked for nearly ten years at the frontier between international development and the fisheries and aquaculture sectors with social enterprises, NGOs (Blue Ventures, Environmental Justice Foundation) and a specialist consultancy, working with partners such the EU, the IFC and the FAO and with over seven years based in the field in Madagascar and Ghana. He holds a Master in Tropical Agronomy and International Development (ISTOM, France) and an MSc in Management and Corporate Sustainability (Cranfield University, UK) and is based in the UK.

Ulrike Schambeck is the Chief Accounting Officer of Pegasus. Previously, Ms. Schambeck was a Senior Associate, Assurance – Capital Markets at PricewaterhouseCoopers, LLP in New York. She also worked for Sparkasee Regensburg, a bank in Regensburg, Germany, from 1978 to 1993. Ms. Schambeck attended Westminster College earning a combined Bachelor’s degree and an M.B.A. in 1997. She is also qualified as a Certified Public Accountant.

Farai Sekeso is an Operating Principal at Pegasus, focusing on energy related investments for the Subnational Climate Fund. Prior to joining Pegasus, Farai was with Cygnum Capital (formerly Lion’s Head Global Partners) where he was Executive Director & Fund Lead of the AfricaGoGreen Fund. He has 15 years’ experience in infrastructure & energy investments across Africa in addition to five years with a Big 4 firm. He is a qualified chartered accountant and holds an MBA from ESADE Business School.

Parth Shah is a Vice President at Pegasus. Prior to joining Pegasus, Mr. Shah was an Investment Executive in the Infrastructure & Climate Group at CDC Group Plc (soon to British International Investment plc), a leading DFI. Mr. Shah has extensive experience in sourcing, managing, and exiting infrastructure assets, including over ten years of investment experience, with seven years in climate infrastructure investing in developing markets in Africa and Asia.

Mr. Shah has worked on several transactions, across a variety of climate infrastructure sectors, including renewable energy, digital infrastructure, and agriculture, amounting to more than $350m of in emerging markets. Mr. Shah is a graduate of the Wharton School at the University of Pennsylvania and holds the CFA charter.

Juandy has more than 10 years of work experience in the accounting and investment sector. He holds a Bachelor’s degree in Accounting and Finance and an M.B.A. from the Asia-Pacific International University.

Terry Tamminen provides sustainability and policy advice across the Pegasus portfolio. He is a member of the firm’s Sustainability Committee. Mr. Tamminen was appointed CEO of the Leonardo DiCaprio Foundation in 2016.  Mr. Tamminen is one of the nation’s leading authorities on environmental policy. Governor Arnold Schwarzenegger appointed Mr. Tamminen Secretary of the California Environmental Protection Agency in November 2003, and Cabinet Secretary, the chief policy advisor to the Governor, in December 2004. He now advises California Governor Jerry Brown on energy and environmental policy matters and serves as an advisor to several other governors, Canadian Premiers, European Union leaders, and environmental organizations. Mr. Tamminen is the author of several books on environmental policy, is a sought-after international lecturer on climate control and energy issues and has received numerous awards and honors for his achievements. He is the co-founder and Executive Board member of the R20 Regions of Climate Action, a new public-private partnership among more than 100 regional governments, the United Nations, and numerous clean technology companies focused on low carbon economic development worldwide. The UK’s Guardian newspaper named Mr. Tamminen one of “50 People Who Could Save the Planet.”

Daniela Gomez is an Associate at Pegasus.  Prior to joining Pegasus, she was a financial advisor at Evolve Management Company, where she focused on project finance and deal structuring across the sectors of energy, infrastructure and mobility.  Past transactions in which she has been involved include a fuel storage portfolio of fourteen projects, Waste to Energy and sustainable aviation fuel refinery projects.  Ms. Gomez holds a Master’s in Business Administration from the University of St. Gallen and a Bachelor’s degree in Economics from the Instituto Tecnologico Autonomo de Mexico (ITAM).

* Operating Partners, Operating Advisors and Strategic Advisors are not employees of Pegasus.  They provide services to certain investments funds affiliated with Pegasus Capital Advisors, L.P., including identifying, sourcing, evaluating and analyzing prospective transactions, providing strategic insights and operational support related to portfolio companies, prospective portfolio companies, management teams, industries, sectors, regulations, market trends and other matters.  See Pegasus’ latest form ADV for additional information.

SCF Strategic Advisory Board


The Subnational Climate Fund benefits from the diverse experience and expertise of its Strategic Advisory Board, which provides strategic advice to the SCF.

          Henry Gonzalez (Chairperson), Deputy Executive Director, Green Climate Fund

          Lloyd Day, Deputy Director General, Inter-American Institute for Cooperation on Agriculture (IICA)

          Paolo Gomes, Chairman, Orango Investment Corporation

          Frannie Leautier, Partner, CEO of SouthBridge Investment

          Michael E. Mann, Distinguished Professor of Atmospheric Science/ Director, Earth System Science Center, PennState

          Liesje Mommer, Leading the Wageningen Biodiversity Initiative & Professor Plant Ecology & Nature Conservation at Wageningen University & Research

          Sergey Nuzhdin, Principle Investigator, Nuzhdin Research Lab, University of Southern California

          Michael Posner, Professor of Ethics and Finance at NYU’s Stern School of Business

          Susan Rockefeller, Founder and Editor-in-Chief of Musings

          Armando Sardi, Director, The Institute for Cancer Care, Chief of Surgical Oncology, Mercy Medical Center, Baltimore, MD

          Veronica Scotti, Group Managing Director Public Sector Solution, Swiss Re