Generation Investment Management
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| Company type | Independent, private, owner-managed partnership |
|---|---|
| Industry | Financial services |
| Founded | April 2004, London |
| Headquarters | London , United Kingdom |
Area served | Worldwide |
Key people |
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| Services | Investment management |
| Website | www |
Generation Investment Management (Generation IM) is a sustainable investment management firm founded in 2004; its co-founders included former US Vice President Al Gore and former Goldman Sachs' Asset Management head David Blood. The firm promotes long-term sustainable investing and sustainable capitalism.
History
[edit]Generation was founded in April 2004 by a group of seven founding partners led by Al Gore and David Blood,[1] with a vision to see long-term sustainable investing become best practice and for sustainable capitalism to become the enduring economic model.[2] The firm began investing client money in April 2005.[3]
Generation has offices in London and San Francisco,[4] and as of 2024[update], employed over 100 people.[5] Generation Investment Management LLP is authorized and regulated by the Financial Conduct Authority in the UK. The firm's advisory board, chaired by Gore, meets twice a year.
Generation operates four strategies, investing both public and private equity: Global Equity, Asia Equity, Growth Equity and Private Equity;[6] alongside a climate-led investing business, Just Climate.[7]
In November 2007, Generation and Kleiner Perkins announced a global collaboration to "find, fund and accelerate green business, technology and policy solutions with the greatest potential to help solve the current climate crisis."[8]
Generation has built a global research platform to integrate sustainability research into fundamental equity analysis.[9]
In 2014, Generation launched Climate Solutions Fund II and the foundation partnered with George Serafeim. In 2015, Generation launched the Sustainability Insights Series, releasing "Environmental Intelligence" and "The Power Industry in Transition."[10]
Partnerships
[edit]- The Alliance for Climate Protection (Repower America)
- World Resources Institute
- Natural Resources Defense Council[11]
- The Climate Project
Investments
[edit]Investments by Generation funds include:
References
[edit]- ^ Gandhi, Vikram S.; Mehta, Sarah (May 2020). "Generation Investment Management - Case - Faculty & Research". Harvard Business School. Retrieved 10 April 2025.
- ^ "Signatories: Generation Investment Management". www.theclimatepledge.com. Retrieved 10 April 2025.
- ^ "About Us", Official web site, Generation Investment Management LLP, archived from the original on 4 May 2010, retrieved 25 May 2010
- ^ Levy, Rachael (23 October 2017). "$18 billion fund manager started by Al Gore and a Goldman Sachs exec sets sights on Silicon Valley". Business Insider. Retrieved 30 March 2025.
- ^ "Our leadership". Generation Investment Management. Retrieved 10 April 2025.
- ^ "Our strategies". Generation Investment Management. Archived from the original on 31 January 2025. Retrieved 10 April 2025.
- ^ "Our business". Just Climate. Archived from the original on 30 March 2025. Retrieved 10 April 2025.
- ^ "Generation Investment Management and Kleiner Perkins Caufield & Byers Create International Alliance to Accelerate Global Climate Solutions" (PDF). Kleiner Perkins Caufield & Byers and Generation Investment Management. 12 November 2007. Retrieved 25 May 2010.
- ^ McGeveran, Elizabeth (16 October 2017). "Sustainability Focus, Extraordinary Performance". McKnight Foundation.
- ^ "The Sustainability Trend Report". Generation Investment Management. 2015.
- ^ "NRDC". NRDC.
- ^ "New Resource Bank". Amalgamated Bank. 17 May 2018.
- ^ "Al Gore's firm buys £483m stake in Octopus Energy Group". BBC News. 28 September 2021. Retrieved 28 September 2021.
- ^ Muoio, Danielle (13 June 2017). "The 'Tesla of buses' raises $55 million from Al Gore's investment arm as it eyes an IPO". Business Insider.
External links
[edit]- Generation Investment Management Profile from the Financial Times (requires log-in)
- For People and For Planet, a 3/28/06 op-ed in The Wall Street Journal by Al Gore and David Blood
- We Need Sustainable Capitalism, an 11/5/08 op-ed in The Wall Street Journal by Al Gore and David Blood
- When Principles Aid Performance, an article about the firm from the Financial Times, April 2007
- Generation Announces Plans For New Investment Management Firm, the November 2004 press release
- SEC Regulatory Information and Disclosed Holdings
- Al Gore and David Blood interviewed by WIRED, April 2018