Doconomy’s Post

Veris Wealth Partners, a financial advisory firm specializing in sustainable and impact investing, has been honored with three prestigious awards from WealthBriefing's Wealth For Good Awards. Stephanie Cohn Rupp, Veris' CEO, received the 'CEO Pursuing Leadership in Wealth Management' award, acknowledging her exceptional leadership in the field. The firm's thought leadership contributions, spanning themes such as racial equity, gender-lens investing, and addressing the climate crisis, were recognized with the 'Thought Leadership' award. Additionally, Veris' efforts to promote diversity, equity, inclusion, and belonging within its team and the broader investment industry earned the 'Internal Diversity, Equality, and Inclusion Program' recognition. 'While I'm honored to be recognized by WealthBriefing, all credit goes to our incredible team for helping advance vital conversations in the investment industry,' said Cohn Rupp. 'Looking back over the past year, I'm especially proud of our team's work in the areas of racial equity investing and DEIB asset manager selection factors.' The WealthBriefing Wealth For Good Awards highlight organizations and individuals committed to impact, diversity, inclusion, and ESG in the wealth management industry. Veris' recognition underscores its dedication to aligning investments with opportunities for positive impact. @veriswp #sustainableinvesting #impactinvesting #esg #diversityandinclusion #thoughtleadership

📈 Spotlight on Private Equity 📈 Alison Collins, Director, Pollen Street Hub & Head of ESG at Pollen Street Capital breaks down two questions: What is Private Equity and when is your business ready for it? Private equity (PE) is a type of financing that involves using capital from private investors to purchase or invest in businesses. PE is often associated with the acquisition of companies, but it can also be used to invest in businesses that are seeking growth or expansion. PE can be a valuable source of finance for businesses that are looking to grow, or shareholders looking for liquidity. With the right approach, PE can be a powerful mechanism for building a successful and sustainable business. Alison shares key guidance for when businesses should be considering PE financing. Click the link below to read the full article and find many more valuable resources on the Invest in Women Hub! ⬇

Doconomy, an Impact FinTech company renowned for its innovative climate action tools, has secured €34 million in a Series B funding round led by UBS Next and CommerzVentures, with support from S&P Global. This investment reflects a growing recognition of the importance of integrating climate action into financial services. With plans to expand operations in North America and enhance its product suite, Doconomy aims to empower individuals to make sustainable choices in their financial transactions. CEO Mathias Wikström envisions establishing sustainability as the norm, while UBS Chief Sustainability Officer Michael Baldinger emphasizes the investment's alignment with UBS Next's focus on innovation and meaningful change in the industry. #Doconomy #SeriesBFunding #FinTech #ClimateAction #Sustainability #UBSNext #CommerzVentures #ImpactInvesting #FinancialServices #fundsfever

From a financial performance standpoint, early impact funds from Bain Capital, KKR and TPG are shaping up well; but there is still much to prove. The story here to learn more: https://okt.to/Epz5uk #NPM #PrivateMarkets #FinancialReturns #ImpactInvesting #PrivateEquity

The tide is turning! 🌊 Check out this piece from Ogier on the next-generation of wealth. https://lnkd.in/ejAbXPHi 'Next-gen family members placed a greater weighting on the importance of ESG principles (63%) than pure financial return (37%). The founder generation, meanwhile, was the exact opposite – 33% to 67%'. I'm looking to work with advisors and investors who are ready to get ahead of the curve. Feel free to reach out and we'll help you connect with the next-gen. Check out Etcho #generationalwealth #impact #sustainability #platform #fintech #wealthtech #advisor #familyoffice

“The patriarchy is alive and well…Navigating our way through that is intense.” Kristin Hull, PhD’s women-led Nia Impact Capital knows how to tackle asset management industry challenges and succeed. Read how: https://lnkd.in/eiXZUaWv #Finance #Leadership #Diversity #assetmanagement #Equities #ImpactInvesting #ESGInvesting #SRIInvesting #GenderEquality #MutualFund #AssetManagement

Ellavoz Impact Capital , advisors to UHNW families for #impactinvestments with #opportunityzones #taxbenefits , are noticing a significant increase in #workforce housing as a preferred investment asset class. With a shortage of 5 million units, continued appreciation and innovative construction methods, Ellavoz.com is providing direct low cost access to our #familyoffice clients. #impactinvesting #sharedvalues #sustainablecommunities

Investing in underrepresented and emerging fund managers aligns with the growing focus on social responsibility in the investment community. Institutional investors increasingly recognize the importance of environmental, social, and governance (ESG) factors in their investment decisions. By supporting diverse and emerging managers, investors promote inclusivity and diversity in the financial sector, which a homogenous group has historically dominated. This investment approach also offers the opportunity to generate social impact alongside financial returns. Many underrepresented managers focus on investments that yield positive social or environmental outcomes, aligning with the global push toward sustainable development. By channeling capital into these areas, institutional investors can play a pivotal role in addressing critical global challenges while achieving their financial objectives. https://lnkd.in/eprhnqTe #hedgefunds #finance #diversity #esg #venturecapital #emergingmanagers

📰 Hot off the press: Private equity impact funds show signs of recovery, despite a challenging 2023, says Impact-Investor.com. Key takeaways: • The top SDGs targeted by these funds are Good Health and Wellbeing, Industry, Innovation, and Infrastructure, and Zero Hunger. • Fundraising is expected to improve in 2024, with fears of recession fading and potential interest rate cuts. January and February 2024 saw 25 impact fund closings, raising $5.9bn in commitments. • Private markets are well-suited for impact due to managers’ expertise and a long-term investment horizon of four to six years. • While major players like TPG, Apollo, KKR, and Blackstone dominate headlines, smaller peers are also making their mark. Still a strong track record remains crucial. • Many private equity managers have integrated ESG criteria and are advancing into impact investing. 🌿 For more detailed insights, check out the full report in the comments section. #ImpactInvesting #PrivateEquity #Sustainability #SDGs #ESG

From a financial performance standpoint, early impact funds from Bain Capital, KKR and TPG are shaping up well; but there is still much to prove. The story here to learn more: https://okt.to/hJIeNo #NPM #PrivateMarkets #FinancialReturns #ImpactInvesting #PrivateEquity