Cornerstone Capital Group Recommended by Zoma Capital to Manage Portfolio
NEW YORK, Dec. 15, 2017 /PRNewswire/ -- Cornerstone Capital Group ("Cornerstone") announced today that the private family office of Ben and Lucy Ana Walton, has recommended the firm to manage the family's donor-advised fund at The Denver Foundation, targeting impact and sustainability-themed investment opportunities.
Zoma Capital, based in Denver, invests in a broad range of market-based sustainable solutions addressing environmental and social challenges, with an emphasis on energy, water and community development, and with a geographic focus on Colorado and Chile. The Denver Foundation is a community foundation that inspires people and mobilizes resources to improve life in Metro Denver. Cornerstone, which has offices in both New York and Denver, was chosen based on their experience and commitment to impact investing, as well as their advisory work in the field of Environmental, Social, and Governance (ESG) analysis – all without compromising on financial returns.
"Cornerstone's dedication to impact investing aligns perfectly with our portfolio objectives and is a natural fit for expanding Zoma's reach outside of our current areas of focus within sustainable finance," said Melissa Cheong, Chief Investment Officer at Zoma Capital. "The Cornerstone management team brings decades of valuable impact investing experience and a track record of achievement that we found to be highly advantageous in progressing our work."
Cornerstone's mission is to apply the principles of sustainable finance across the capital markets, enhancing investment processes through transparency and collaboration. For investors looking for financial returns and to make the world a better place, Cornerstone is dedicated to systematically integrating the dimension of sustainability into investment decisions, delivering financial performance along with positive social impact.
"We are delighted that Zoma Capital has recognized our firm as a leader in sustainable finance and look forward to working with the family over the long term to ensure their goal of supporting successful, sustaining financial models for social and environmental services – without sacrificing investment performance – in Colorado and beyond," said Phil Kirshman, CIO, Cornerstone Capital Group.
About Cornerstone
Founded in 2013, Cornerstone Capital Group is a financial services firm based in New York. The mission of the firm is to apply the principles of sustainable finance across the capital markets enhancing investment processes through transparency and collaboration. In offering investment consulting and advising, investment banking, and strategic consulting services, Cornerstone works with asset owners, corporations and financial institutions, promoting new research in the field of Environmental, Social and Governance (ESG) analysis, and facilitating capital introductions for organizations around the world engaged in sustainable business practices.
Contact:
Jesse Tron (for Cornerstone)
M Group Strategic Communications
[email protected]
212-266-0192
SOURCE Cornerstone Capital Group
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