Quote of the week

"[People] don’t expect retirement to begin with social security and sit on the back deck in a lounge chair for the rest of their lives. This group really wants to remain active."

Jeff Cimini, head of personal retirement at Merrill Lynch

Weekly Poll

View previous poll results

A new SEC-registered asset management firm called Sonen Capital, dedicated to “impact investing” for family offices and private wealth managers, has launched in San Francisco, CA, with affiliates in New York City, Boston, MA, and London.

Sonen defines impact investing as the ability to achieve financial returns with “meaningful social and/or environmental” impact.

Examples of Sonen impact investment themes include: water, energy and resources, climate change, sustainable development and agriculture, poverty alleviation, education, and healthcare. These are available across a range of asset classes such as cash/cash alternative, fixed income, public equity, hedge funds, private equity, real estate, commodities and real assets. 

At present, Sonen has $125 million in AuM and impact mandates. Its team consists of: Raúl Pomares, senior managing director; Stuart Davidson, senior managing director; Tom Bird, managing director; Anne Stetson, senior strategist; Julia Sze, managing director; Nicholas Koukopoulos, managing director; Martin Whittaker, managing director; Will Morgan, director; and associate directors Amando Balbuena, Brandy Wilson and Elena Pons.

• Tweet

• Request reprint rights
• Send to a colleague
• Print (subject to copyright)