NEW YORK — Cornerstone Capital Inc. is pleased to announce the appointment of David Dusenbury, CFA, as Managing Director, responsible for strategic corporate business development. Dusenbury will join the firm’s Executive Committee and serve on the Investment Policy Committee for Cornerstone Capital Investment Management, its investment advisory business.
“We are thrilled to have another Wall Street veteran on board to drive the firm forward.” said Erika Karp, CEO and Founder of Cornerstone Capital Group, regarding the appointment. “The fusion of mainstream institutional investment expertise with the discipline of enhanced analytics around material Environmental, Social and Governance (ESG) issues, is an unstoppable force in the capital markets as we drive positive societal impact at scale.”
Dusenbury has spent twenty-five years on Wall Street, analyzing and investing in financial services companies. For the past ten years, he has been a Portfolio Manager at Dalton, Greiner, Hartman, Maher & Co, LLC. With $1.9 billion in assets under management, David was the partner responsible for the firm’s investments in insurance, banks and financial services companies.
“I am excited beyond words to work with Erika Karp again and thrilled to have an opportunity to work with a team built from the bottom up to address moving the capital markets into the 21st Century,” said Dusenbury.
From 2002 to 2005, Dusenbury was an Equity Analyst at Dionis Management, a hedge fund established by a former Tiger Funds analyst. From 1994 to 2002, he was a Director in Equity Research at Credit Suisse First Boston. During this time, Dusenbury was ranked on Institutional Investor‘s All American Research roster as a top analyst from 1996-1998 and a top three analyst by Greenwich Associates.
From 1991 to 1994, Dusenbury was a Research Associate at Salomon Brothers responsible for companies in the mortgage finance sector. From 1988 to 1991, he was in the investment consulting group of William Mercer. David graduated from The University of Massachusetts at Amherst in 1988 and earned his MBA in Finance in 1994 from New York University. He is a CFA Charter Holder and member of the New York Society of Security Analysts.
“We are delighted to have David join our team. His expertise will immediately impact the magnitude and rate at which Cornerstone can deliver on our mission. David’s deep industry knowledge gives us huge strategic and tactical advantages as we continue to grow and evolve our business,” said Joel Beck, Chief Operating Officer at Cornerstone Capital.
Cornerstone Capital’s timely and motivating philosophy is to drive a positive societal impact by leveraging the various functions of the capital markets. In offering investment management, advisory and strategic consulting services, Cornerstone works with both corporations and financial institutions, promoting new research in the field of ESG (Environmental, Social and Governance) analysis, and facilitating capital introductions for companies around the world engaged in sustainable business practices.
About Cornerstone Capital Group
Founded in 2013, Cornerstone Capital Inc. is a financial services firm based in New York. The mission of the firm is to apply the principles of sustainable finance across the capital markets enhancing investment processes through transparency and collaboration. In offering investment consulting and advising, investment banking, and strategic consulting services, Cornerstone works with asset owners, corporations and financial institutions, promoting new research in the field of Environmental, Social and Governance (ESG) analysis, and facilitating capital introductions for organizations around the world engaged in sustainable business practices. Cornerstone’s Board of Directors, Global Advisory Council and Staff partner with organizations including the World Economic Forum, the Clinton Global Initiative, the Sustainability Accounting Standards Board, the UN Global Compact and the Principles for Responsible Investment to work towards a more regenerative and inclusive form of capitalism.
Cornerstone Capital Inc. is certified as a women owned business and is an investment advisor registered with the Securities and Exchange Commission. Securities offered through Strategic Marketing Solutions Ltd., LLC. Member FINRA/SIPC.