Anders Ferguson Partner, Chief Strategist Veris Wealth Partners Amsterdam November 2009 TBLI & High Net Worth Wealth Management TBLI 2009
Source: Sustainable Asset Management Sustainable Business & Investing Performance
What Percent of your Capital is Advancing your Mission? <ul><li>To address the pressing social and environmental challenges we face today, foundation granting and personal philanthropy alone will not provide sufficient capital, it will require the harnessing of investment capital as well </li></ul><ul><ul><li>For every dollar in foundations’ investment portfolio, 95% is mission neutral </li></ul></ul><ul><ul><li>Therefore 5% of assets drive 100% of the mission </li></ul></ul>
Mission Related Investing : Sea Change Investment Fund <ul><li>The David and Lucille Packard Foundation </li></ul><ul><li>Program/Mission : </li></ul><ul><li>Restore health to the world’s endangered oceans </li></ul><ul><li>Financial Characteristics: </li></ul><ul><li>10 year term </li></ul><ul><li>$20 million at close in March 2005 </li></ul><ul><li>MRI Solution: </li></ul><ul><li>The Sea Change Investment Fund launched to provide capital to </li></ul><ul><li>sustainable seafood companies </li></ul><ul><li>Packard provided a $10 million below market rate loan as </li></ul><ul><li>seed capital </li></ul><ul><li>Value in a capital commitment versus a grant </li></ul><ul><li>Current fund investments include Ecofish (Henry & Lisa’s Natural Seafood), and Wild Planet Foods </li></ul><ul><li>Double Bottom Line approach to meet mission by making sustainable </li></ul><ul><li>seafood mainstream </li></ul><ul><li> </li></ul>
Market + financial returns with social/ environmental impact Social / Environmental returns only Principal invested Microfinance Grants Debt Social/Environmental with some financial return Public Equities in Social / Environmental Enterprises Private Equity MRI funds / patient capital MRI/Sustainable Investing Continuum
Impact Investing Emerges "The Nexus for impact investing"
Sustainability Platform meets NeXii Investment Issuers For profit and not-for-profit entities providing a combination of financial, social and environmental returns on investment Sustainable Investors Full services for investors SI / SRI Asset Managers Source: NeXii
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