Asset Manager

Updated:

Stellar J Corporation

Stellar J Corporation is an SEC-registered investment adviser in Fremont, CA. The firm manages approximately $9 million in assets, $8 million on a...

Stellar J Corporation

Stellar J Corporation is an SEC-registered investment adviser in Fremont, CA. The firm manages approximately $9 million in assets, $8 million on a discretionary basis.

General information

Firm type

Asset Manager

Year founded

1986

Location

Region

North America

Country

United States

City

Woodland

Corporate office

Woodland, WA, United States

Principals

Bob Kinghorn

CEO & Founder

Jeff Carlsen

President

Jeff Walker

Senior VP and Co-founder

Cheryl Subasic

CFO

Sector focus

Energy Transition & RenewablesInfrastructureClimateTech

Frequently asked questions

Who leads Stellar J's operations and investment decisions?

Bob Kinghorn founded the firm and serves as CEO. Jeff Walker is Senior VP and Co-founder, Jeff Carlsen is President, and Cheryl Subasic is CFO. As an employee-owned company without disclosed outside investors, operational and strategic decisions are made by this leadership group, aligned with the interests of employee-owners. No external investment committee is referenced.

How does Stellar J source its project pipeline?

Stellar J presents itself as a project developer in addition to an EPC contractor, implying some origination capability rather than relying solely on competitive bid processes. The firm's website encourages direct inquiries for potential bids, but it does not detail a formal sourcing network or proprietary deal flow mechanism.

Is Stellar J structured as a family office, an asset manager, or an operating company?

Stellar J functions as an operating company — an employee-owned general contractor and EPC firm — not as a family office or pure asset manager. Its activity centers on designing and building physical energy and infrastructure assets, though it does participate in project development, which carries an investment-like return profile.

What investment stages do Stellar J's energy projects typically involve?

The firm targets greenfield development and construction of renewable natural gas and hydrogen projects. Stellar J designs, develops, and builds these plants, covering the full lifecycle from early-stage development through construction completion and commissioning.

Which sectors does Stellar J explicitly focus on, and which does it avoid?

Stellar J focuses on renewable natural gas, hydrogen production, and heavy civil infrastructure — including water treatment, bridges, and marine terminals. There is no public indication of activity in digital infrastructure, real estate, or traditional fossil fuel extraction outside of the transition to hydrogen and RNG.

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