Category Archives: Investment News

Sustainable Investing is Seeing Incredible Growth

2019 is on track to triple the previous annual record for inflows into sustainable and ESG mutual funds and ETFs. We’ll take a look at the rapidly growing popularity of impact investing and what it means for the investment landscape.

Morningstar reports that 2019 has seen record fund flows into sustainable and ESG investments. The calendar-year record to date was in 2018, with just over $5.5 billion in assets going into sustainable investments, and no quarter (before this year) had seen inflows greater than $2 billion. But in 2019, each of the first three quarters has been marked by more than $4 billion in funds headed into sustainable mutual funds and ETFs. This year as a whole is likely to triple the previous record. Read more »

Unicorns: Putting Things in Perspective

According to Merriam Webster Dictionary, the definition of a unicorn is:

  1. a) a mythical, usually white animal generally depicted with the body and head of a horse with long flowing mane and tail and a single often spiraled horn in the middle of the forehead
  2. b) or something unusual, rare, or unique

The term unicorn has a different meaning in the investment world. In the venture capital industry, a unicorn refers to any tech startup company that reaches a $1 billion dollar market value as determined by private or public investment. The term was originally coined by Aileen Lee, founder of Cowboy Ventures. Read more »

Watch Arnerich Massena’s Third Quarter 2019 MarketCast


Arnerich Massena’s third quarter 2019 MarketCast is available for viewing. In this MarketCast, Co-CEO and co-CIO Bryan P. Shipley, CFA, CAIA, delivers a brief introduction; research analyst Ben Larsen provides a look at the third quarter of 2019, with an economic overview and market commentary, and senior wealth strategist Glen Goland, JD, CFP®, discusses what this means for client portfolios. Read more »

CEO of Zero Mass Water Wins Prestigious MIT Lemelson Award!

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 »

Arnerich Massena Manager 3×5 Partners Featured in The Wall Street Journal Pro

“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.
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Watch Arnerich Massena’s Second Quarter 2019 MarketCast

Arnerich Massena’s second quarter 2019 MarketCast is available for viewing. In this MarketCast, Co-CIO Bryan P. Shipley, CFA, CAIA, delivers a brief introduction; senior research analyst Arthur Coyne, CFA, provides a look at the second quarter of 2019, with an economic overview and market commentary, and senior investment advisor Reegan Rae, CPWA®, discusses what this means for client portfolios. Read more »

Arnerich Massena Publishes White Paper Guide Series: Private Equity: Why, What, How?

 

We are pleased to announce the publication of a new white paper guide series: Private Equity: Why, What, How? This three-part guide provides investors with the fundamental information they need to understand what private equity is, how the opportunity set is categorized, the unique risks and benefits for the asset class, and how to build a successful private equity strategy. With Arnerich Massena’s specialized expertise in and long history of private equity investing, the firm offers their knowledge and insights to investors wishing to better understand the opportunities in private markets. Read more »