Thu, Oct 19, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Sustainable wealth management platform Arjuna Capital launched

Wednesday, April 03, 2013
Opalesque Industry Update - Adam Seitchik and Farnum Brown have joined with Marion, MA wealth manager Baldwin Brothers Inc. (BBI) to launch Arjuna Capital, a sustainable wealth management platform.

Adam Seitchik is Arjuna’s Chief Investment Officer, and Farnum Brown serves as Chief Strategist and Senior Portfolio Manager. They will provide leadership to the sustainable wealth management platform along with Ellen Stone, Senior Portfolio Manager, partner at BBI, and founder of Highwater Global Fund, and Bill Marvel, a Managing Director at BBI.

Seitchik and Brown worked closely together in similar roles while at responsible investment specialist Trillium Asset Management. Baldwin Brothers is a nationally recognized leader in impact wealth management. BBI's perspective on investment has evolved over the past forty years from that of a traditional investment advisor to one deeply committed to principles of sustainability. The emphasis has consistently been on approaches that seek to combine sustainability with enhanced risk-adjusted returns. BBI senior partner Michael Baldwin founded the widely respected Marion Institute, a non-profit incubator for projects focused on sustainability and social justice.

Farnum Brown founded Advent Advisors in 1987, one of the earliest socially responsible investment advisories in the country, merging the business with Trillium in 1994. At Trillium, Brown was the Chief Investment Strategist and member of the investment leadership team. In 2006 he created the Open Media and Information Companies Initiative (OpenMIC), a non-profit shareholder coalition working to promote an open and competitive digital media ecosystem. Adam Seitchik is the former co-CEO and CIO at Trillium, Chief Global Strategist at Deutsche Asset Management in London, a thought leader in the field of sustainable investing and the founder of the Sustainable Investment Research Center.

Together Arjuna and Baldwin Brothers manage approximately a billion dollars in assets, with a combined investment team of ten seasoned professionals. Arjuna’s mandate is to build the best performing, most forward-looking and high-impact sustainable investment platform in the business. Arjuna will partner with other investment strategies to bring sustainable investment opportunities to clients across the asset class spectrum, from stocks and bonds to community loan funds, green real estate and private equity.

Michael Baldwin, senior partner of Baldwin Brothers, said: “We have worked closely with Adam Seitchik and the Sustainable Investment Research Center to develop the highest standards of sustainable investing at Baldwin Brothers. We are now taking that commitment a step further with the addition of Adam and Farnum and the creation of Arjuna Capital. Our goal is to create a team and a platform that will lead the way in advancing the discipline of sustainable investing. Arjuna seamlessly integrates with Baldwin Brothers’ long-standing commitment to serving our clients and developing innovative, sustainable investment strategies.”

Adam Seitchik, Chief Investment Officer of Arjuna, said: “This is an exciting opportunity to advance the field of sustainable investing with wisdom and creativity. These are challenging times for the global economy and our planet. We have put together the right team to invest creatively, responsibly and effectively for our clients.”

Farnum Brown, Chief Strategist of Arjuna, said: “I view sustainable investing as part of a broader process of evolution in human thinking and being. I’ve spent the past 26 years trying to play my own small part in moving that process forward. I see Arjuna Capital as the next logical step along that path.”

The name Arjuna refers to the hero of the ancient epic poem, the Mahabharata. Arjuna was a revered leader, skilled archer, and a champion of enlightened engagement in society. Arjuna embodies the values we hope to bring to our efforts as investors: innovation and leadership within our disciplines, sharply honed investment skills, and an enlightened vision of the role of capital markets in promoting the common good.

Press release

bc

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Regulatory - David Stockman: Trump tax reform overhaul is a pipe dream, stocks are heading for 40-70% plunge, Carried interest tax: How much does it matter?, Odey sees 'terrifying' mix in MiFID, tapering, asset values, Hedge funds come together to share cost of MiFID and research, SEC turns up the heat on U.S. investment advisers, India's Sebi asks hedge funds to report investments in commodity derivatives[more]

    David Stockman: Trump tax reform overhaul is a pipe dream, stocks are heading for 40-70% plunge From CNBC.com: David Stockman is warning about the Trump administration's tax overhaul plan, Federal Reserve policy, saying they could play into a severe stock market sell-off. Stockman, the R

  2. North America - Puerto Rico rejects loan offers, accusing hedge funds of trying to profit off hurricanes[more]

    From TheIintercept.com: Puerto Rico has rejected a bondholder group's offer to issue the territory additional debt as a response to the devastation of Hurricane Maria. Officials with Puerto Rico's Fiscal Agency and Financial Advisory Authority said the offer was "not viable" and would harm the islan

  3. Investing - WPP targeted by short-selling American hedge fund, Sun co-founder sells secretive hedge fund on big chip trade[more]

    WPP targeted by short-selling American hedge fund From Cityam.com: An American hedge fund has mounted a bet against WPP, the world's largest advertising group, with a trade worth almost £90m. Lone Pine Capital has built a short position worth 0.51 per cent of the FTSE 100 company,

  4. Hedge funds up as industry adjusts to rising rates[more]

    Komfie Manalo, Opalesque Asia: Hedge funds have reshuffled their portfolio after nearly four weeks of rising rates as the Lyxor Hedge Fund Index was up +0.2% from 19 September to 26 (+1.1% YTD), fuelled by strong results of global macro funds, Lyxor Ass

  5. Manager Profile - How the world's hedge fund king used 'idea meritocracy' to become a billionaire[more]

    From Forbes.com: In 1982, Ray Dalio made what he calls the biggest mistake of his life. He made a bet that there would be an economic collapse stemming from a debt crisis. And he was wrong. He lost money. He lost his client's money. He had to let people go from his firm and borrow money from his dad