Early Life and Education
Toby Randolph Neugebauer was born on December 1, 1971. He is the son of Randy Neugebauer, a former U.S. Representative from Texas. He received a Bachelor of Business Administration in Finance from New York University in 1993.
Rise to Success
Neugebauer began his career as an investment banker at Kidder, Peabody & Co.'s Natural Resources Group. He later co-founded Windrock Capital. In 1998, he co-founded Quantum Energy Partners, an energy-focused private equity firm based in Houston, Texas. At Quantum, he served as managing director and is now on the investment committee. Quantum has made numerous investments in the energy sector. In January 2025, Neugebauer co-founded Fermi America.
Key Business Strategies
Neugebauer's business strategies have focused on the energy sector, particularly investments in oil and gas, energy infrastructure, and data centers. He has co-founded and led firms that invest in various aspects of the energy value chain. Neugebauer is known for building and investing in real estate and water development. The creation of Fermi America signals a move into the data center industry.
Philanthropy
Toby Neugebauer and his family are involved in various philanthropic endeavors. He focuses on family formation and preservation in inner cities within the United States. He has supported orphanages in China, helped build and maintain schools in Africa (Rwanda and Zambia), and financially supported children in Africa. Neugebauer also leads an organization that encourages philanthropy and generosity.