OUR PHILOSOPHY
- All investing has impact
- "Traditional" is better described as "amoral" investing. Take a stand with your capital - money is a tool
- There is no trade off between market returns and social/environmental impact unless choosing to be a "catalytic" investor
- We invest in public securities (equities, fixed income) via ESG/GC screens, omitting extractive industries, among others
- We make targeted investments for impact, via outside managers, self-identifying as "impact", and demonstrating market returns and measurable impact
- Our impact objectives are social justice and inequality, climate action and financial inclusion, and their intersectionality
- The Lupoff/Stevens Family Office invests in the 47 poorest countries via partnership with the United Nations Capital Development Fund
- We are signatories to DivestInvest, pledging divestment from all fossil fuel investments, and The Belonging Pledge, forwarding racial equity through the investment lens
OUR ALLOCATIONS
- Public Equities and Fixed Income (Socially Responsible Investments) are first evaluated and scored, via our proprietary screening tool for:
- ESG - The public company's assessment of record and disclosure related to Environment, Sustainability and Governance
- GC - A normative assessment of the company based on the four core principles of the United Nations Global Compact ("GC"): human rights, labor rights, the environment and anti-corruption
- This is lower "intentionality" investing, that is, seeking to do no harm, favoring better corporate stewardship, sustainability and those that benefit people and planet
- LP Interests via Third Party Impact Funds (Targeted Investments), seeking market financial return plus measurable social/environmental impact, presently favoring:
- Early stage investment in managers that are women and/or people of color
- With social/environmental objectives that coincide with Family Impact Objectives
- This is higher "intentionality" investing - seeking to drive capitalization versus "crowding out" other capital
- Early stage investment in managers that are women and/or people of color
The Lupoff/Stevens Family Office is committed to achieving a just and sustainable world and seeking acceptable financial returns along side demonstrable social/environmental impact benefiting people and planet from our 100% Impact/Responsible Investment Portfolio. Our investment mandate, grant-making and policy objectives support social and climate equity and justice. We are a signatory to DivestInvest, pledged divestment of all fossil fuel investments, The Belonging Pledge, committing to address racial equity through investment, and Freedom to Invest, insisting on the choice to utilize ESG data in considering investments.
Family members may take Board and/or advisory roles, from time-to-time, with select investment managers.
Investing Philosophy & allocations
Our Investment Policy Statement is Available Upon Request
OUR PARTNER AND ADVISOR IN TARGETED INVESTMENTS - MONTCALM CAPITAL