![]() ![]() ![]() THE DISCLOSURES SET OUT BELOW ARE NOT A FINANCIAL PROMOTION AND DO NOT CONSTITUTE AN OFFER OR SOLICITATION IN ANY JURISDICTION WHERE OR TO ANY PERSON TO WHOM IT WOULD BE UNAUTHORIZED OR UNLAWFUL TO DO SO. Please note that this information may be updated from time-to-time. These disclosures are set out within the Disclosure Policy Document below. The EU Sustainable Finance Disclosure Regulation (SFDR) requires Goldman Sachs Asset Management to provide certain information and disclosures. Our strategy included an assessment of a specialty consumer lending company that provided "pay-as-you-go" solar energy services to more than 300,000 off-grid homes in East Africa. 85% of the restructured portfolio was dedicated to market-rate mission-related investments, with up to 15% exposure to high impact, below-market mission-driven investments. We worked with the client to source, diligence, recommend and manage a pool of strategies dedicated to direct impact investments within private equity, private debt and real assets. Specifically, they wanted their investments to have a positive environmental impact that “promotes the compassionate care of creation” by addressing climate change, detoxifying the environment, and exercising responsible stewardship of natural resources. The client was looking for long-term capital preservation and investments that aligned with their mission and values. In 2011, the organization’s leadership decided to take the endowment in a new direction by pursuing impact investing to advance their mission. The client had over a decade of experience in negative screening, shareholder advocacy, and below-market community development investing. The client has committed more than $150 million of capital and we have a dedicated annual review of the portfolio to identify opportunities to further refine impact alignment.Ī Roman Catholic congregation of women based in Missouri. This resulted in relationship-building between the Foundation and CEOs of carbon-conscious companies. Following the Investment Committee’s designation of an additional $100 million to a carbon efficiency strategy, we worked with the client to help design a less-carbon intensive Russell 3000 strategy. We worked with the client to source, diligence, recommend and manage mission-aligned investments, including public and private funds, direct investments and some program-related investments (PRIs). ![]() After committing in 2014 to investing 10% of its endowment to mission-aligned strategies, the client sought specific investments that would generate financial return, meet its fiduciary duty and drive program learning. In 2013, the board embarked on a process to discover how the endowment could be restructured to further its mission. The client’s mission is to improve the quality of life for present and future generations by dedicating its resources to support, unite, and empower those it serves. A $2 billion Minnesota-based family foundation. ![]()
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