Larry Gilbert, Managing Partner, CEO and Chairman. Mr. Gilbert has spent his career structuring and executing transactions and advising and managing entrepreneurial and start-up companies. Prior to founding Kairos Energy Capital, Mr. Gilbert was Managing Director and CEO of Sennet Capital, LLC, a merchant bank providing corporate finance, M&A and energy project finance services. Previously, he served as Vice President and General Manager of Authentication Solutions for ChoicePoint, Inc., a NYSE-listed data company in Atlanta, Georgia (since acquired by LexisNexis, a unit of Reed Elsevier). In that role, he oversaw strategic transactions as well as market development for the company’s identity authentication business.
Prior to ChoicePoint, Mr. Gilbert was president and chief executive officer of Identico Systems LLC, an early-stage company focused on identity validation of individuals in financial dealings, retail purchases, educational testing and other applications. Prior to Identico, Mr. Gilbert served in a series of roles at Internet payments pioneer CyberCash, Inc., where he started at the company’s inception as Vice President and General Counsel, handling its financing matters (including strategic capital rounds and the company’s successful IPO), development of its intellectual property portfolio, and government relations matters. He then assumed authority for a key business unit, where he had P&L responsibility for overseeing final development, positioning, marketing and launch of the Internet small-value payments service. He also served as Vice President of Strategic Planning, being responsible for identifying and developing opportunities for strategic business relationships.
Mr. Gilbert has also worked with numerous companies in strategic transaction structuring and advisory roles, as well as assisting professional venture investors in structuring transactions and assessing and managing companies. Prior to moving into full-time operational and management roles, Mr. Gilbert founded, developed and managed a successful Honolulu law firm serving entrepreneurial and business clients, including serving as counsel and close advisor to VeriFone, Inc., from its earliest stages through its IPO.
Mr. Gilbert received his Juris Doctor degree from UCLA in 1977 and a B.A. degree from Pitzer College in 1974. He served as President of the Hawai'i State Bar Association in 1992 and as a per diem Judge in the District Court for the First Circuit, State of Hawaii, 1991-1996. He currently serves as a member of the Board of Directors and Executive Committee of Enterprise Honolulu and on the Board of Boys and Girls Clubs of Hawaii.
Dr. Stahlkopf is a Partner and Director of Kairos Energy Capital. His emphasis is in technology analysis and evaluation, utility integration and project design optimization for project finance for renewable energy projects. He is the retired President of Renewable Hawaii, Inc. (the renewable energy subsidiary of Hawaiian Electric Company, Inc. (HECO), and Senior VP, Energy Solutions and Chief Technology Officer of HECO. He was responsible for formulating and executing HECO’s short-term and long-term energy technology strategies and development and implementation of conservation, demand-side management, renewable and alternative energy projects.
Prior to joining HECO, he was VP of Power Delivery & Utilization at Electric Power Research Institute (EPRI) in Palo Alto, CA. He had overall responsibility for the direction of an international R&D program in the transmission, distribution and end use of electricity. Many of his assignments involved initiating and working with the international utility consortia as well as government and private partnerships. Earlier in his career Karl was a research Fellow at the University of California, Berkeley, and a technical consultant on nuclear submarine propulsion on the staff of U.S. Chief of Naval Operations.
Karl received a BS degree in Electrical Engineering and a BS in Naval Science from the University of Wisconsin, Madison, and an MS and Ph.D. in Nuclear Engineering from the University of California, Berkeley.
He currently serves on the Board of Hoku Scientific, a NASDAQ-listed vertically integrated solar PV company, the Board of the Honolulu Navy League and the Dean’s Council of the College of Engineering of the University of Hawaii. He was the founder and served as Chairman of the Board of Directors of Sure-Tech, a Limited Liability Corporation, making power electronic devices and jointly owned by EPRI and Siemens; and was founder and first President and CEO of EPRIsolutions, the technical consulting and services subsidiary of EPRI. Karl was instrumental in the founding of Micromonitors, a start-up company making high technology predictive maintenance sensors for the electric power industry and served on their first Board of directors.
Karl is the author of six technical books and over 90 peer review papers and holds three patents on the application of lasers to high speed communication and three patents on an interface device between wind farms and the electrical transmission grid. He has served on the editorial boards of Electric Light and Power and Energy Matters, been elected as a Senior Member of the Institute of Electrical and Electronic Engineers (IEEE) and is a fellow of the American Nuclear Society (ANS). He has served on the U.S. Secretary of Energy’s Task Force on Electric Reliability. Karl has been honored with the University of Wisconsin Distinguished Alumni Award, the McGraw Hill ERN Newsmaker Award, the Pacific News Top Technology Leader Award, and the EPRI Chauncey Award for Technology Leadership.
Mr. Heller is a finance professional with thirty years experience in energy and industrial project finance in a number of industries and sectors including power, waste-to-energy, gasification, hydro, solar, energy effeciency, and biomass. His experience spans various financing approaches, including private and public debt, private equity, venture capital, tax-exempt bonds, leveraged leasing, limited partnerships, and corporate finance. Most recently, (over the last five years) he has been most engaged in the development and financing of a world scale petroleum coke gasification facility with all CO2 sold and sequestered under an Enhanced Oil Recovery (tertiary recovery) program. He acted as CFO of this project and has been involved in all its project and corporate finance activities (including venture capital) and its efforts to secure state and federal loan guarantees, grants and support.
Over the course of his career he has specialized in projects and project finance at Texaco Inc., Wheelabrator Inc., GE Capital, Credit National ( a French bank), and Energy Capital Partners, LP, where he was a senior partner. Since 2000 he has worked on numerous projects, including the gasification project mentioned above, under the umbrella of his company, Capital E Finance Co. LLC.
He lives and works in Boston, Massachusetts with his wife and two children.
Mr. Heller received his MBA from DUKE UNIVERSITY ’81 and his BA Economics, ’79 UNIVERSITY OF CONNECTICUT