Tue, May 23, 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. Opalesque Exclusive: Time to invest in robotics? (part 1)[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The London-based, Swiss-born manager of the RoboCap UCITS Fund, talks to Opalesque about investing

  2. Investing - Hedge funds have been selling big winners this year, Hedge funds are betting $1 billion that Snapchat shares are going to drop, Here are the biggest bets made by top hedge funds in the first quarter[more]

    Hedge funds have been selling big winners this year From CNBC.com: Hedge fund managers' most popular stock to start the year has been a familiar name that is falling short in terms of performance, while the least popular companies all have been crushing the market. Procter & Gamble

  3. Investing - Third Point's Loeb surfs on as hedge fund washout continues, George Soros has added to his losing bets against the stock market, Hedge funds, VCs and the CIA are throwing money at ex-Bridgewater data scientists' startup, Hedge funds shed retail amid fears of "apocalypse"[more]

    Third Point's Loeb surfs on as hedge fund washout continues From Reuters/Nasdaq.com: Billionaire investor Daniel Loeb said on Thursday that he is still making money even as the hedge fund industry struggles. Loeb, who oversees the $16 billion hedge fund firm Third Point LLC, sa

  4. Investing - Tudor Jones backs AI hedge funds, Massive hedge fund trades highlight insider buying: GE, Pentair, Tempur Sealy, Apollo Global and more, Hedge funds big wigs are buying consumer and selling tech, here's the stocks[more]

    Tudor Jones backs AI hedge funds From FT.com: Hedge fund magnate Paul Tudor Jones has invested in a brace of artificial-intelligence powered "quantitative" hedge funds, underscoring the increasing acceptance that the industry will need to turn more to technology and away from traditional

  5. Opalesque Roundtable: Rise of high-frequency trading in Europe a challenge for traditional asset managers[more]

    Komfie Manalo, Opalesque Asia: The rise of high-frequency trading in Europe, dominating over 80% of the market, has become a challenge for traditional asset managers especially when it comes to risk management, said Philippe Malaise, chairman of advisory firm