page_title: Tom Steyer
section_title: Healthcare
hierarchical_section_title: Tom Steyer / Political positions / Healthcare
caption_attribution_description: Tom Steyer speaking with attendees at the Clark County Democratic Party's 2020 Kick Off to Caucus Gala at the Tropicana Las Vegas in Las Vegas, Nevada. Please attribute to Gage Skidmore if used elsewhere.
context_page_description: Thomas Fahr Steyer is an American hedge fund manager, philanthropist, environmentalist, liberal activist, and fundraiser. Steyer is the founder and former co-senior-managing-partner of Farallon Capital and the co-founder of Onecalifornia Bank, which became Beneficial State Bank, an Oakland-based community development bank. Farallon Capital manages $20 billion in capital for institutions and high-net-worth individuals. The firm's institutional investors include college endowments and foundations. Steyer served on the board of trustees at Stanford University from 2007 to 2017. Since 1986, he has been a partner and member of the executive committee at Hellman & Friedman, a San Francisco–based private equity firm.
  In 2010, Steyer and his wife signed The Giving Pledge to donate half of their fortune to charity during their lifetime. In 2012, he sold his stake in and retired from Farallon Capital. Switching his focus to politics and the environment, he launched NextGen America, a nonprofit organization that supports progressive positions on climate change, immigration, health care, and education.
context_section_description: Steyer opposes Medicare for All, but supports expanding coverage.
caption: Steyer at the Clark County Democratic Party's 2020 Kick Off to Caucus Gala in February 2020
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