NEW YORK, Feb. 27, 2017 /PRNewswire/ -- ARC Fiduciary, the New York based alternative investment firm focused on sustainable approaches to investment management, today announced that it has signed up to the Principles for Responsible Investment (PRI). The PRI's six principles for responsible investment include a commitment to the inclusion of environmental, social and corporate governance (ESG) factors into the investment decision making process.
"We are delighted to become a PRI signatory, the principles align with the core mission of ARC Fiduciary and the reasons we established this firm," says ARC CIO Dempsey Gable. "We believe that a sustainable approach to investment — one that incorporates the consideration of ESG factors and an assessment of any environmental or social impact right into the DNA of the investment decision making process — results in better long-term financial outcomes."
Launched in 2016, ARC Fiduciary's core team, including CIO Gable and CEO Paulus Ingram, previously worked together at APG Asset Management, Europe's largest pension fund manager with approximately $470 billion in assets as of December 2016. At APG, their team sought new and niche asset classes which included opportunities in sustainable investing. APG is helping to pioneer Dutch pension plan's fully integrated approach, including a commitment to furthering the UN Sustainable Development goals of ending poverty, tackling climate change and achieving global equality of opportunity by 2030. ARC Fiduciary is developing a series of investment strategies that will allow institutional investors to take advantage of the opportunities created by the macro trends toward global sustainability without compromising on financial returns.
"For ARC Fiduciary, the sustainable development challenges that the world is currently facing offer up a whole host of significant investment opportunities," says CEO Ingram. "We are at a moment in time when investors are starting to recognize not just the need to care about their environmental, social and corporate governance footprint, but the opportunity to profit from mega changes and at the same time create a better world, the type of world we'd like to live in. The PRI deserves a lot of credit for what it has done over the past 11-years in laying the groundwork for this shift. I worked with the PRI a lot while I was at APG, and we're looking forward to be a part of the community going forward." ARC's first investments will focus on the energy transition underway in the U.S.
Founded in 2006 with the support of the United Nations, the PRI today has over 1650 members representing $62 trillion in assets pledged to its principals. "We are pleased to welcome ARC Fiduciary as a PRI signatory," says PRI Managing Director Fiona Reynolds, "and applaud their public commitment to recognizing the importance of ESG issues within their investment practices." ARC Fiduciary will be participating in upcoming PRI events.
About ARC Fiduciary
Founded in 2016 as an independent alternative investment firm with offices in New York and Greenwich, Connecticut, ARC Fiduciary is dedicated to the pursuit of sustainable investment management. Our team has a wide breadth of institutional investment experience and was founded with the intention of applying investing expertise to the achievement of societal goals. Visit ARC Fiduciary at http://arcfiduciary.com/
About the PRI
The PRI is the world's leading proponent of responsible investment.
It works to understand the investment implications of environmental, social and governance (ESG) factors and to support its international network of investor signatories in incorporating these factors into their investment and ownership decisions. The PRI acts in the long-term interests of its signatories, of the financial markets and economies in which they operate and ultimately of the environment and society as a whole. Visit the PRI at www.UNPRI.org
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