Arnerich Massena’s investment and philanthropic advisor Katherine Fox, CFP®, CAP®, shares her insights about the motivations and concerns of younger donors with a broad audience on the National Center for Family Philanthropy website. The NCFP is dedicated to “helping families realize the promise and possibilities of philanthropy for meaningful impact,” so Katherine’s work in developing Arnerich Massena’s philanthropic advisory service model and providing philanthropic advisory services to clients fits well with the services and resources they provide. Featured as a “voice from the field” in the Family Giving News Blog, Katherine brings her perspective to NCFP members and visitors. Read more
“Arnerich Massena is a first-time winner in The Oregonian/OregonLive’s Top Workplaces competition, now in its eighth year of ranking employers in Oregon and Southwest Washington on issues relating to workplace culture,” writes reporter Diana Kruzman in her article, “For Arnerich Massena, impact is just as important as profit: Top Workplaces 2019.” As a first-time winner of the award, The Oregonian sent Kruzman out to discover just what it is that makes Arnerich Massena a special place to work. In her profile article featuring interviews with co-CEO and principal Bryan Shipley, CFA, CAIA; senior research analyst and principal Arthur Coyne, CFA; and director of human resources and principal Alicia Johnston; Kruzman discusses the firm’s impact investing work, award-winning community service programs, and familial culture. Read more
Cody Friesen, PhD, from MIT’s graduating class of 2004, has been awarded the 2019 Lemelson-MIT Prize in recognition of social, economic, and environmentally sustaining inventions that impact millions around the world. Founder and CEO of Zero Mass Water, one of the private equity investments made by 3×5 Partners, LLC, an Arnerich Massena Approved Manager, Friesen has “dedicated his career to inventing solutions that address two of the biggest challenges to social and economic advancement in the developing world: access to fresh water and reliable energy.” According to the MIT News, the $500,000 prize has been the largest cash prize for inventing in the United States for 25 years. “[Friesen] will be donating his prize to a project with Conservation International to provide clean drinking water via SOURCE Hydropanels to the Bahia Hondita community in Colombia,” the article notes. Read more
“My personal investment philosophy draws on the ancient Greeks, and they have two sayings. One is ‘know thyself,’ and in the context of investing, what that means to me is to know what your investment objectives are and to know how much risk you’re willing to take. And the other saying they have is ‘all things in moderation,’ which, from an investment standpoint, means don’t be too extreme.” In this short video, part of Arnerich Massena’s “Meet the Principals” series introducing you to the firm’s employee owners, senior research analyst and principal Arthur Coyne, CFA, shares his investment philosophy, why he enjoys working for Arnerich Massena, and a few bits of wisdom. Read more
“After years of quietly building a well-performing portfolio of sustainability and life sciences companies, 3×5 Partners is expanding through new fundraising and a larger team.” Journalist Yuliya Chernova’s Wall Street Journal Pro article “Sustainability, Life Sciences Investor 3×5 Doubles Team Amid Fundraising” examines the history of 3×5 Partners, which was spun out of Arnerich Massena in 2011 as a solution for Arnerich Massena clients to access impact-related private investments. Since that time, 3×5 Partners has evolved as its own stand-alone private equity fund, ranked in the top quartile of all private equity funds in the country. In the article, Chernova notes the company’s remarkable performance: “3×5 is a rare sustainability-focused firm with strong returns.” The article announces the newest additions to the 3×5 Partners team: David Yeh, formerly a senior adviser with the Obama administration, helping to lead infrastructure and energy policy, and Joe Biller, a partner in Sightline Partners, a Minneapolis-based medical technology-focused private equity firm. 3x 5 Partners is currently seeking to raise $125 million for its third fund.
In Part 2 of our podcast series, Investment Committees: More than the sum of their parts, we take a look at traditional versus discretionary advisory services. Luka Arnerich, CAIA, a consultant with more than ten years of working with committees in both types of engagements, shares his thoughts and insights on what the difference is and how it affects long-term outcomes, as well as how a committee might decide between one or the other. Read more
We are pleased to announce that Bryan Shipley, CFA, CAIA, has been named co-CEO alongside Tony Arnerich. The firm transitioned several years ago to an employee-owned structure in order to implement a long-term strategy to develop the next generation of leaders who can carry forward the values and ideals of the firm, and this is the next stage of that process. As co-CEOs, Tony and Bryan will work together to build continuity in the firm’s long-term strategy and guide the firm into the future. Read more
The Native Arts & Cultures Foundation hosted a series of special events preceding the 2019 Santa Fe Indian Market in Santa Fe, New Mexico. Arnerich Massena was a proud sponsor of the 10-Year Gratitude Celebration, an evening event on August 16 dedicated to celebrating ten years of NACF’s service to Native artists and communities and honoring the individuals, businesses, tribes, and foundations that have supported the organization’s work during its first decade. Read more