“Ethical Markets congratulates our friends at Gitterman Asset Management for continuing their pioneering work to transform to greener financial models in accordance with the United Nations Sustainable Development Goals (SDGs).
Hazel Henderson, Editor“
We are excited to share news today about a new capital partnership!
Diffractive Managers Group, the asset management platform of 1251 Capital Group, is our newest capital partner to bring the SMART Climate UMA and SMART Investment Solutions suite to a wider audience and assist us with building new sustainable investing products.
Diffractive’s niche delivers differentiated active strategies to investment professionals through a platform of boutique asset managers. Given our firm’s passion for climate investments, we like the aligned ecosystem of affiliate managers doing similar work like Greenbacker Capital, a market leader in direct investments of sustainable infrastructure and energy efficiency projects.
With this new partnership, our current minority partner Merchant Investment Management LLC will remain in place, and is fully supportive of being aligned with another great shareholder that is uniquely positioned like Diffractive to drive the vision of Gitterman Asset Management forward. Our firm also retains independence and full control of the investment process and function, consistent with Diffractive’s policy of empowering management teams to build enduring businesses.
With alignment and purpose set, a busy 2022 lies ahead as we move into our new partnership with Diffractive. Read the full details in the press release.