Bill Marvel, president, New Summit Investments, said: "With the launch of New Summit Investments, we have built on our prior success to deliver positive social and environmental impact while targeting market-rate returns across asset classes."
Adam Seitchik, principal, New Summit Investments, said: "We set a high bar for investing with intention and impact. We work with investors and managers who see impact as a lens for investing in the 21st century. We believe that enterprises that see opportunity in delivering shared value in an increasingly crowded and resource-constrained world will be rewarded. Our clients and partners aren't philanthropic investors and neither are we. We partner with experienced managers who understand the synergies created by seeking social, environmental and economic returns."
John Mannix, principal, New Summit Investments, said: "Our strength is partnering with investors' existing advisors. The firm serves as an impact expert and product manager allowing our network of investment professionals to focus on their core business of financial planning, asset allocation, and coordinated financial services. Advisors are seeking efficient, diversified solutions for their impact-oriented clients, and our goal is to meet these needs effectively."
Alex Lamb, managing director, New Summit Investments, said: "It is incredibly difficult to navigate and scale the evolving space of impact investment without partnership. To that end, we see this new undertaking as the key to efficiently and effectively deploying impact capital."
ABOUT NEW SUMMIT INVESTMENTS
New Summit Investments is a joint venture of Arjuna Capital and Baldwin Brothers, Inc., two leading independent wealth management firms with a track record of partnership in impact investing. The firm works with partners including BSW Wealth Partners and Natural Investments, LLC.
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SOURCE New Summit Investments, Boston