Tiedemann Adds Impact Investment Muscle

Editorial Staff

9 January 2020

Tiedemann Advisors, the US wealth management house, has appointed foundation and philanthropy sector luminary Richard Woo to join its Impact Advisory Council.

The council supports Tiedemann’s impact strategy and investment team with ideas. The firm is a prominent impact investment player, overseeing more than $2.4 billion of assets in this area. FWR has analyzed how impact investing helped drive the Tiedemann/Threshold hook-up in 2017. Tiedemann has expanded on a number of fronts. When it bought Threshold Group in October 2017, it added impact investing expertise to its business – an area that is attracting increasing attention from clients.

Woo has more than 30 years' experience of working with foundations and charitable organizations, most recently at The Russell Family Foundation, where he served as chief executive for 20 years. During his tenure, Woo worked with three generations of the Russell Family, where he partnered with the board to guide the foundation’s strategic planning, programs and community affairs. Prior to that, Woo spent 12 years at Levi Strauss & Co, where he focused on community relations, corporate social responsibility and philanthropy, including three years as executive director of the Levi Strauss Foundation, overseeing global grant-making in 40 countries.

Among other roles, Woo sits on the steering committee of Divest-Invest Philanthropy, and is a founding member of Canopy, a Pacific Northwest impact investing collaborative. Previously, Woo served as a board member of the Council on Foundations, Philanthropy Northwest and Asian Americans/Pacific Islanders in Philanthropy. He received a bachelor’s degree in English from the University of California Davis.

Founded in 1999, Tiedemann oversees about $21 billion in assets under advisement.