For over 40 years, Art Samberg has worked in the financial industry including hedge funds and investment institutions. In his last position which lasted over a decade, Art J. Samberg oversaw Pequot Capital Management, Inc. as founder, Chairman and CEO, and transformed it into what was, at one point in time, the world’s largest hedge fund. Now, as the owner of Hawkes Financial, LLC (Mr. Samberg’s family office), Arthur J. Samberg manages family funds and invests in, among other things, alternative energy, information technology, and healthcare businesses. Tri-Alpha Energy Inc. accounts for one of Arthur Samberg’s many projects, and he belongs to its board of directors and its executive committee.
Based out of Foothills Ranch, California, Tri-Alpha Energy sits on the forefront of controlled plasma fusion technology. Founded in 1998, it plans to build reactors that convert high-energy alpha particles into electricity. Originally named Colliding Beam Fusion Reactor, this firm has received attention for its aneutronic fusion technology developed by University of Florida’s Hendrik Monkhorst and University of California, Irvine, professor emeritus of physics and astronomy Norman Rostoker. These two scientists received a patent in 2008 for “controlled fusion in a field reversed configuration and direct energy conversion.”
While many companies are attempting to bring safe and reliable nuclear fusion power plants to market, Tri-Alpha Energy stands apart due to its proprietary technology and notable investors. In March 2013, the Rusnano Group, a Russian government-helmed venture firm, put money into the agency. This entity joined the likes of Hollywood actor and Fulbright Scholar Harry Hamlin, Noble Prize winning physicist Arno Penzias, and astronaut Buzz Aldrin.