Kristen Eshak Weldon joins
Partners Capital as Global Head of ESG and Impact
Investing
LONDON, Feb. 23, 2021 /PRNewswire/ -- Partners
Capital, a leading global Outsourced Investment Office with in
excess of $38 billion in assets under
management, announced that Kristen Eshak
Weldon has joined the firm as Global Head of ESG and Impact
Investing.
This is a strategically important leadership role within the
firm with the overarching objective of continuing to build out its
ESG and Impact investment platform. Kristen will further integrate
ESG considerations into the firm's decision making and lead
targeted engagements with asset managers to ensure that they fully
and effectively incorporate ESG drivers into their investment
decisions. Furthermore, Kristen will be responsible for building
impact investment portfolios and taking over responsibility for
measuring the impact that those investments have on the planet and
society. She will report to Euan
Finlay, Partner and Chair of the firm's Responsible
Investment Committee, and Stan
Miranda, founder and Chairman.
"Kristen's hire is a meaningful step forward in our focus on ESG
and Impact Investing," said Arjun
Raghavan, CEO of Partners Capital. "Our goal is for our
portfolios to generate meaningful positive societal and
environmental change while maintaining the market beating returns
that our investors have come to expect. Kristen's expertise will be
invaluable in this endeavor."
Sir Ronald Cohen, Chairman of the
Global Steering Group for Impact Investment, and long-standing
strategic shareholder of Partners Capital said, "We are at historic
crossroads, as the world emerges from the COVID-19 pandemic with
record-breaking levels of government debt and heightened social and
climate challenges. An impact revolution has started, which is
building on the tech revolution which preceded it. ESG and Impact
investment will continue to grow fast in the years ahead, creating
a new source of investment outperformance while improving lives and
the environment. I look forward to supporting Kristen's important
efforts and ensuring Partners Capital's clients benefit from this
historic mega-trend, while contributing to improving our
world."
Kristen joins Partners Capital from the Louis Dreyfus Company,
where she was a member of the Executive Group and was responsible
for steering the company's sustainability-focused investment
activities. She led the launch of LDC Ventures, the company's
investment fund management group, and was also Head of Food
Innovation and Downstream Strategy, developing and implementing the
strategy to extend the Company's capabilities further downstream,
focusing on investments and strategic partnerships in alternative
proteins, aquaculture and specialty commodities.
Kristen previously served as Senior Managing Director and
Co-Head of the London office for
Hedge Fund Solutions at Blackstone. She holds a B.S. in Business
Administration from Georgetown
University and a M.Sc (Sloan) in Leadership and Strategy
from the London Business School. She is
currently an independent advisor to the Cambridge University Endowment Fund with a
particular focus on their push towards carbon
neutrality.
"I am thrilled to be joining Partners Capital at such an
important time. I have always held the firm in high regard and
admired the intellectual and analytical rigor underlying their
investment approach. I look forward to combining their investment
principles with my experience in sustainable investing," added
Weldon.
About Partners Capital
Founded in 2001, Partners Capital is a wholly independent
Outsourced Investment Office (OCIO) primarily serving sophisticated
institutions and senior investment professionals in Europe, North
America and Asia-Pacific.
With offices in Boston,
New York, London, San
Francisco, Paris,
Singapore and Hong Kong, the firm is one of the few truly
global OCIOs, employing over 200 professionals worldwide and
covering all major asset classes. The firm oversees assets in
excess of $38
billion1. Additional information on
Partners Capital may be found at http://www.partners-cap.com
1 As at December
2020
Contact:
Anne Hart
ahart@prosek.com
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