Generation Investment Management

Generation Investment Management (Generation IM) is a British financial services and investment management firm founded in 2004. It was co-founded by former US Vice President Al Gore and Goldman Sachs' Asset Management head David Blood, with a stated emphasis on sustainable investment options for their mutual funds and other investments.

Generation Investment Management LLP
Company typeIndependent, private, owner-managed partnership
FoundedApril 2004; 20 years ago (2004-04), London
Headquarters
London
,
United Kingdom
Area served
San Francisco, United States (US office)[1]
Key people
  • Al Gore (chairman)
  • David Blood (senior partner)
  • Mark Ferguson (co-chief investment officer)
  • Miguel Nogales (co-chief investment officer)
  • Peter Harris (chief operating officer)
  • Colin le Duc (founding partner)
Number of employees
87 (2017)
Websitewww.generationim.com Edit this at Wikidata

Generation has offices in London and San Francisco, and as of 2017, employed 87 people.[1] 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 has built a global research platform to integrate sustainability research into fundamental equity analysis.[2]

History

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Generation was founded in April 2004 by a group of seven founding partners led by Al Gore and David Blood. The firm began investing client money in April 2005.[3] Its goal was integrating the disciplines of finance and sustainability. The firm places environmental and social factors at the core of its strategy.[citation needed]

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."[4]

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."[5]

Partnerships

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Investments

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Investments by Generation funds include:

References

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  1. ^ a b Levy, Rachael (October 23, 2017). "$18 billion fund manager started by Al Gore and a Goldman Sachs exec sets sights on Silicon Valley". Business Insider.
  2. ^ McGeveran, Elizabeth (16 October 2017). "Sustainability Focus, Extraordinary Performance". McKnight Foundation.
  3. ^ "About Us", Official web site, Generation Investment Management LLP, archived from the original on May 4, 2010, retrieved May 25, 2010
  4. ^ "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. November 12, 2007. Retrieved May 25, 2010.
  5. ^ "The Sustainability Trend Report". Generation Investment Management. 2015.
  6. ^ "NRDC". NRDC.
  7. ^ "New Resource Bank". Amalgamated Bank. May 17, 2018.
  8. ^ "Al Gore's firm buys £483m stake in Octopus Energy Group". BBC News. 2021-09-28. Retrieved 2021-09-28.
  9. ^ Muoio, Danielle (June 13, 2017). "The 'Tesla of buses' raises $55 million from Al Gore's investment arm as it eyes an IPO". Business Insider.
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