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Eric Breese
Operating Partner, CFO, Venture Capitalist, Finance & Business Management Expert skilled at expanding organizational reach
Eric Breese is the Finance Operating Partner at NextEra Energy Investments, where he is a key member of the value creation team. NextEra Energy is a significant player in the energy sector, valued at approximately $110 billion, with a diverse portfolio that includes over 50 investments and $1.5 billion in capital deployed.
In his role, Eric is recognized for his expertise in financial strategy, budgeting, capital structuring, and strategic planning. He has a strong background in risk management and stakeholder communication, which allows him to effectively drive organizational success. Notably, he has served as interim CFO for a $350 million portfolio company, where he successfully addressed a liquidity crisis and implemented cost reductions that significantly improved EBITDA.
Before joining NextEra, Eric held various positions at Evonik Industries, where he was instrumental in managing venture capital investments and developing external growth strategies for a $5 billion business unit. His experience spans multiple industries, including consulting, legal, manufacturing, and technology, and he has a proven track record in negotiating mergers and acquisitions.
Eric is a licensed Certified Public Accountant (CPA) in Wisconsin and holds an MBA from Cardinal Stritch University. His areas of expertise include strategic planning, mergers and acquisitions, cost control, and team mentoring.1
Highlights
I will be attending DealMax 2024 at the end of April, looking forward to making great connections with middle market PE and M&A professionals! https://dealmax.org/
In light of the current banking situation I would like to get a broader set of opinions on cash account management for VC funded companies.
For example- A startup raises $10mn in Series A, deposited to the current bank savings account. Only $250k is insured. This leaves 9.75mn uninsured. How would you advise the company to protect there cash? Where should they place the funds? What is a good risk management plan for the cash?
Looking forward for some excellent responses!
#riskmanagement # #banking #venturecapital #startupadvice #startup
