23 Feb 2023
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Nuveen Green Capital appoints Genevieve Sherman as head of sustainability policy
Darien, CT (February 23, 2023) – Nuveen Green Capital, a leader in sustainable commercial real estate financing solutions, announced today that it has appointed Genevieve Sherman as Head of Sustainability & Policy.
In her new role as Head of Sustainability & Policy, reporting to Nuveen Green Capital President & CEO, Jessica Bailey, Ms. Sherman will lead policy-enabled market expansion for Nuveen Green Capital, supporting strategic growth for its investment capabilities. In this role, Ms. Sherman also takes on the leadership of Nuveen Green Capital’s Environmental Social and Governance impact data collection efforts to ensure robust reporting and long-term accountability as the organization augments its mission to reduce carbon emissions in the built environment.
“Genevieve has been an invaluable leader within our organization, and the C-PACE industry as a whole. She has been a driving force behind the company’s geographic expansion and ongoing success. As Head of Sustainability & Policy, Genevieve will be a key player in helping the firm meet our ambitious ESG, originations, and policy goals. There is no one more well-suited for this role,” said Jessica Bailey, President & CEO of Nuveen Green Capital.
Ms. Sherman joined Nuveen Green Capital (formerly Greenworks Lending) in March of 2016 to lead the organization’s policy implementation and geographic expansion of C-PACE (Commercial Property Assessed Clean Energy) programs throughout the country. Ms. Sherman has worked with industry and public sector stakeholders to design legislation and partnerships that govern how capital providers invest in energy efficiency and renewable energy. In doing so, she has helped Nuveen Green Capital to deploy over $1.3B in C-PACE capital in over 30 states.
Prior to joining the organization, Ms. Sherman led the Connecticut C-PACE program as Director, Commercial & Industrial Programs at Connecticut Green Bank where she worked alongside Greenworks Lending co-founders, Jessica Bailey and Alexandra Cooley, in developing the state’s award-winning C-PACE program – widely regarded as the first successful C-PACE program in the country.
About Nuveen Green Capital
Nuveen Green Capital is a national leader in sustainable commercial real estate financing solutions and an affiliate of Nuveen, the investment manager of TIAA responsible for $1T+ in assets under management. Established in 2015 by the C-PACE industry’s founders and standard-setters, Nuveen Green Capital is a private capital provider dedicated to making sustainability a smart financial decision for commercial real estate owners who seek to improve the energy, water and resiliency performance of their property.
For more information, visit www.nuveen.com/greencapital.