Generation Investment Management
 | |
| Company type | Independent, private, owner-managed partnership |
|---|---|
| Industry | Financial services |
| Founded | April 2004, London |
| Headquarters | London , United Kingdom |
Area served | Worldwide |
Key people |
|
| 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, along with five other founders [1], with a vision to see long-term sustainable investing become best practice and for sustainable capitalism to become the enduring economic model [2].
Generation operates four strategies, investing both public and private equity: Global Equity, Asia Equity, Growth Equity and Private Equity;[3] alongside a climate-led investing business, Just Climate.[4]
Generation has offices in London and San Francisco,[5] and as of 2025[update], employed over 100 people.[6] Generation Investment Management LLP is authorized and regulated by the Financial Conduct Authority in the UK.
Generation has built a global research platform to integrate sustainability research into fundamental equity analysis.[7]
History
[edit]Generation was founded in April 2004 by a group of seven founding partners led by Al Gore and David Blood.[8] Its goal was integrating the disciplines of finance and sustainability.
In 2021 Generation launched Just Climate, a climate-led investment business aiming to address the net-zero challenge at scale.[9] It closed its inaugural Climate Assets Fund I in 2023, raising $1.5 billion. [10]
Partnerships
[edit]- Net Zero Asset Managers initiative [11]
- The Climate Pledge [12]
- Ceres [13]
- The Alliance for Climate Protection (Repower America)
- World Resources Institute
- Natural Resources Defense Council
- The Climate Project
Investments
[edit]Investments by Generation funds include:
References
[edit]- ^ "The Business Care for Green Energy". The Wall Street Journal. Retrieved 25 April 2025.
{{cite web}}:|archive-date=requires|archive-url=(help) - ^ "Generation Investment Management". theclimatepledge.com. Retrieved 25 April 2025.
{{cite web}}:|archive-date=requires|archive-url=(help) - ^ "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.
- ^ 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.
- ^ McGeveran, Elizabeth (16 October 2017). "Sustainability Focus, Extraordinary Performance". McKnight Foundation.
- ^ Gandhi, Vikram S.; Mehta, Sarah (May 2020). "Generation Investment Management - Case - Faculty & Research". Harvard Business School. Retrieved 10 April 2025.
- ^ "Al Gore launches climate change asset manager". ft.com. Retrieved 27 October 2021.
- ^ "Just Climate raises $1.5 billion with help from Microsoft fund". reuters.com. Retrieved 8 August 2023.
- ^ "Net Zero Asset Managers initiative publishes initial targets for 43 signatories as the number of asset managers committing to net zero grows to 273". netzeroassetmanagers.org. Retrieved 31 May 2022.
- ^ "Climate Pledge: 20 businesses including IBM and Iceland Foods join Amazon's net-zero commitment". edit.net. Retrieved 17 February 2021.
- ^ "Ceres Investor Network". ceres.org. Retrieved 8 August 2023.
- ^ "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