Kathleen Brown

Treasurer (former)
State of California
A former California State Treasurer with nearly two decades of experience as a senior bank executive, Kathleen Brown concentrates on business counseling, government and regulatory affairs in connection with the health care, energy, real estate and financial services industries. 

Before joining Manatt, Kathleen served in senior executive positions at Goldman Sachs Inc. and Bank of America. At Goldman Sachs, where her roles included chairman of Midwest investment banking and head of the Western region public-sector and infrastructure group, Kathleen participated in over $4.2 billion of water and power bond financings and counseled municipal utilities in California in their efforts to meet the state’s renewable energy standards. She also helped healthcare institutions navigate the challenges and opportunities presented by healthcare reform. 

A former Democratic Party gubernatorial nominee, Kathleen has extensive experience in the public sector. As California State treasurer, she managed a $25 billion bond portfolio, oversaw a $32 billion cash management fund and served as a trustee on the boards of CalPERS and CalSTRS, two of the largest pension funds in the nation. 

Kathleen served as co-chair of the Council of Institutional Investors; co-chair of the Presidential Commission on Capital Budgeting; a commissioner of the Los Angeles Board of Public Works; and a two-term member of the Los Angeles Board of Education. 

Before she campaigned for treasurer, Kathleen was an attorney at a global law firm, where she was a member of the capital markets group working in public and corporate finance. 

Ms. Brown serves on the Board of Directors of Sustainable Development Acquisition Corp (SDAC), FivePoint Communities, Stifel Financial Corp, Bill Lane Center for the American West, the Annenberg Foundation, the Mayor’s Fund Los Angeles, the Advisory Board of the Stanford Center on Longevity, and The Trusteeship.

Advisory Board