How Third Way Is Affecting Public Policy on Clean Energy

Third Way Capital Markets Initiative pic

Third Way Capital Markets Initiative

Bill Reeves is a Hawaii-based businessman and one of the founders of Blue Crest Capital Management, a hedge fund with offices in London, New York, Boston, Geneva, Connecticut, and Singapore. An active philanthropist, Bill Reeves is involved in various groups and organizations based in Hawaii and other states. He currently serves as a board member at Third Way.

Established in 2005, Third Way is a public-policy think tank based in Washington D.C. The organization is focused on three main activities: policy idea development, public opinion research, and issue briefings. The core mission of Third Way is to encourage the governing of the United States of America from the center, and it focuses on impacting key issues such as deficit reduction, education reform, and clean energy.

For its involvement in clean energy, Third Way has facilitated new policy discussions surrounding advanced nuclear technology. The organization believes that the country is in need of energy sources that do not contribute to climate change. This belief spurred policy discussions that addressed the role of the government in encouraging the private sector to further innovate nuclear reactors. The policy discussion has engaged the White House, the Department of Energy, and Congress and has culminated in the introduction of bipartisan legislation providing the government access that new companies need to commercialize their nuclear reactors.


How Stand Up Paddling Became a Global Phenomenon

Stand Up Paddling pic

Stand Up Paddling

Before co-founding Blue Crest Capital Management in 2000, Bill Reeves served as the head of macro strategy and trading at JP Morgan & Chase in New York City. As a resident of Hawaii, Bill Reeves engages in several sports that are closely connected to Hawaii including stand up paddling (SUP).

SUP is a variation of the popular sport surfing, and involves participants using a paddle to propel themselves across the water while standing on a board. In recent years, SUP has grown in popularity with nearly three million Americans participating in 2014.

The origins of SUP can be traced back to many ancient civilizations in Africa and South America, where long sticks or paddles have been used to propel boards, canoes, and other forms of watercraft. However, the modern SUP tradition has its roots in Polynesia and was first observed by Captain James Cook. In 1778, Cook found Hawaiian natives using paddles to propel specially carved ritual boards made from the Koa tree. SUP was a strictly Hawaiian activity until 2004 when Rick Thomas brought the sport to California. Stand up paddling immediately caught on and quickly spread throughout the globe. SUP’s sudden surge in popularity was seen as a much-needed addition to the sport of surfing.