The New York Times, May 3: Erika Karp, the chief executive of Cornerstone Capital . . . came to impact investing through equity research at top global investment banks. She said she saw environmental, social and governance analysis as a critical investment discipline, akin to quantitative or fundamental research.
Cornerstone Capital Group has joined the Pathstone family.
Cornerstone’s leadership and expertise in sustainable and impact investing will enhance Pathstone’s existing efforts in this increasingly important approach to portfolio construction. Culturally, we are well aligned: We both were formed by veterans of large financial institutions who sought to bring innovative new ideas to market; we both hold a fiduciary duty to clients as our leading priority; we both place high value on employee diversity and well-being; and we both are deeply committed to integrating customized financial and impact objectives into every client’s portfolio.
Together we can continue our focus on being a firm celebrated for our core values and recognized as “Built for Clients, Powered by Innovation and Smart in a Way that Matters.”