New Firm EcoAlpha Asset Management Sees Financial Potential of Translating Global Issues into Global Solutions
White House Announcement Signals New Attitude Towards Impact Investing
NEW YORK--(BUSINESS WIRE)--EcoAlpha Asset Management, LLC announced today its launch as an investment management company operating at the intersection of global problems and global solutions. The new company sees investments in solutions for over-burdened resources as not only the necessary catalyst for sustaining the planet, but also an area with enormous potential for financial returns. EcoAlpha Asset Management today participated in a meeting with senior Administration and White House officials who recognized the economic impact of asset owners making new commitments to impact investing.
“Investing in solutions to issues of burdened resources is both a global imperative and an unprecedented economic opportunity”
Launched by seasoned investment professionals with an expected $100 million AUM, EcoAlpha Asset Management seeks to deliver superior risk-adjusted returns for investors in the hedged and long-only strategies in the areas of burdened resource solutions for water, agriculture, and energy.
“Investing in solutions to issues of burdened resources is both a global imperative and an unprecedented economic opportunity,” said EcoAlpha Asset Management CEO, Matthew Fitzmaurice. “The world’s most important resources are under enormous and undeniable pressure, creating issues for global businesses of all sizes that must be addressed without delay. EcoAlpha Asset Management recognizes these issues as financial opportunities, triggers for a global massive spend cycle as businesses urgently seek solutions to the current and future problems stemming from over-burdened resources.”
EcoAlpha Asset Management’s team is comprised of domain experts focused solely on investing in those companies that are creating “solutions” for burdened resources. The firm seeks to provide investors with multiple strategies with differing risk return qualities to access their respective expertise in water, agriculture, and energy.
“We believe that our investments are part of the solution and offer a great financial opportunity for investors. A massive reallocation of capital has created a large spend cycle to solve for the issues associated with burdened resources: population growth, exploding size of the middle class, urbanization, move toward higher protein diets, and of course, climate change,” said Win Neuger, Chairman of EcoAlpha Asset Management. “We see these problems as highly interconnected and consider solutions in the areas of water, agriculture, and energy to be potential remedies across all of these areas of focus.”
Anthony Arnerich, CEO and Senior Advisor of investment advisory firm Arnerich Massena, has been a vocal early adopter of this solutions-based approach to investing. “We are in the business of staying ahead of trends and looking for new opportunities, and the global scale of the burdened resource problem presents enormous potential,” says Arnerich. “I believe EcoAlpha Asset Management offers a funding solution to institutional investors providing access to the sectors most impacted by resource scarcity, such as agriculture, water, and alternative energy.”
The current investable universe contains 1200 “solutions” companies globally and growing with combined market capitalization of $9 trillion dollars. All of the companies are providing products, services or technology to other companies, governments or consumers that EcoAlpha Asset Management believes help end users be more efficient in their use of burdened resources like water, agriculture or energy.
To view the White House announcement, please visit http://www.whitehouse.gov/blog/2014/06/25/executive-actions-accelerate-impact-investing-create-jobs-and-strengthen-communities.
For more information about EcoAlpha Asset Management, visit www.eco-am.com.
About EcoAlpha Asset Management
EcoAlpha Asset Management, LLC is a global asset management firm with offices in New York, San Francisco, and Minneapolis. EcoAlpha expects to offer hedged and long-only strategies comprised of public securities that offer solutions to the issues of global burdened resources with a specific emphasis on the areas of water, agriculture and energy. For more information, please visit www.eco-am.com.
Unless otherwise stated, information is as of the date of this press release. This press release is solely for informational purposes and shall not constitute an offer to sell or the solicitation to buy securities. The opinions expressed herein represent the current, good faith views of the author(s) at the time of publication and are provided for limited purposes, are not definitive investment advice, and should not be relied on as such. The information presented in this press release has been developed internally and/or obtained from sources believed to be reliable; however, EcoAlpha Asset Management, LLC (“EcoAlpha”) does not guarantee the accuracy, adequacy or completeness of such information. This press release should not be viewed as a recommendation or endorsement by the Federal Government of EcoAlpha or its products or services. The Federal Government does not invest in any products or services offered by EcoAlpha.
This press release contains “forward-looking statements” as defined under the U.S. federal securities laws. Generally, the words “believe,” “expect,” “intend,” “estimate,” “anticipate,” “project,” “will,” and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are subject to certain risks and uncertainties that could cause actual future results to differ significantly from EcoAlpha’s present expectations or projections indicated in any forward-looking statements. These risks include, but are not limited to, changes in economic and political conditions; regulatory and legal changes; leverage risk; valuation risk; interest rate risk; tax risk; the volume of sales and purchase of interests in investment vehicles offered by EcoAlpha; and the continuation of investment advisory, administration and other service arrangements. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. EcoAlpha does not undertake any obligation to publicly update or revise any forward-looking statements made herein. There is no assurance that EcoAlpha will be successful or that its investment objectives will be attained.