Sat, Dec 20, 2014
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. Investing - Big hedge funds win again on PetSmart, Riverbed, RBS sells real estate loans to hedge fund Cerberus, Talisman energy speculation: Which hedge funds could benefit?[more]

    Big hedge funds win again on PetSmart, Riverbed From CNBC.com: Another week, another set of wins for activist investors. On Sunday, pet supply retailer PetSmart agreed to the largest leveraged buyout of the year at $8.7 billion. Hedge fund firm JANA Partners had been pushing for a sale a

  2. Outlook - Hedge fund manager who remembers 1998 rout says prepare for pain, Bond guru Bill Gross predicts U.S. economic growth to dip to 2%[more]

    Hedge fund manager who remembers 1998 rout says prepare for pain From Bloomberg.com: Stephen Jen landed in Hong Kong in early January 1997 as Morgan Stanley’s newly minted exchange-rate strategist for Asia. He was soon working around the clock when investors began targeting the region’s

  3. Investing - Hedge funds get boost from healthcare in 2014, Paulson & Co takes stake in Salix on heels of inventory issues[more]

    Hedge funds get boost from healthcare in 2014 From Valuewalk.com: The healthcare sector started the year on a turbulent note, as stocks of many major biotechnology companies were battered. However, most of the players in this sector have bounced back. The BarclayHedge Healthcare & Biotec

  4. Comment - High fees and low performance hit hedge funds[more]

    From FT.com: Disenchantment over high fees and lackluster performance may finally be turning the tide against hedge funds, fresh data suggest. Despite generally weak returns since the global financial crisis, hedge funds have enjoyed positive net inflows every year since 2010. This helped assets und

  5. Performance - Lansdowne, Man Group, other hedge funds profit from shorts in oil, Turmoil boosts hedge funds that bet against Russia, oil, CTAs post strongest returns since December 2010[more]

    Lansdowne, Man Group, other hedge funds profit from shorts in oil From Valuewalk.com: The rising short interest in oil companies implies that the worst for oil is yet to come. Data from Markit shows that short exposure in energy sector of S&P 500 is still looming close to the highest mar