December 2, 2019

Arnerich Massena Attends the 2019 National Conversation on Board Diversity

Portland is the newest city to host The 2019 National Conversation on Board Diversity, created by the 20% by 2020 Women on Boards organization. This global advocacy campaign is dedicated to raising awareness about gender balance on corporate and non-profit boards. The group helps to educate women, provide strategic networking and higher visibility, and ultimately educate all organizations about why diversity benefits companies, shareholders, and the economy. Having met their initial goal of 20% of board seats held by women in all Russell 3000 public companies in the U.S., they are expanding efforts to international markets. Read more »


November 22, 2019

Arnerich Massena Brings Impact Investing Experts to Portland for a Learn Share Connect Impact Investing Forum

Arnerich Massena gathered together three of our Approved Impact Investment Managers, along with a representative from the United Nations-supported Principles for Responsible Investment (PRI), to provide investors with context and information about the opportunities in impact investing. In hosting this exciting forum, we hoped to offer both a broad overview of impact investing, as well as dive into some of the specific opportunities our managers are finding in the impact and Environmental, Social, and Governance (ESG) universe. We assembled at Portland’s Multnomah Athletic Club on November 13 for lunch, discussion, and roundtables. The event was a tremendous success, offering attendees the opportunity not just to hear from our investment managers, but to sit down and ask them questions directly. Read more »


November 19, 2019

Zero Mass Water: Delivering Impact

The problem: clean, fresh water — it’s one of three basic needs for survival and it’s becoming an increasingly scarce resource.  Water stress is a growing global concern, with approximately 2.1 billion people without access to clean drinking water at home. Facing such a growing issue world-wide, we seek to identify investment opportunities that bridge the nexus between private capital and a distinct impact opportunity, and as such we’re excited to highlight one of our private market companies: Zero Mass Water. Read more »


November 15, 2019

November 13, 2019

November 12, 2019

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 »


November 8, 2019

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 »


November 5, 2019

SECURE Act: The Coming of Multiple-Employer Plans

In April, the House Ways and Means Committee voted to move forward with the retirement legislation entitled the “Setting Every Community Up for Retirement Enhancement (SECURE)” Act of 2019. Among other key features of the legislation that will help improve retirement saving and security for Americans, one of the main proposed benefits is the authorization of multiple-employer plan (MEP) arrangements. A MEP is a single retirement plan that is offered by two or more unrelated employers that share a required common nexus or interest. These types of plans are governed by Section 413(c) of the Internal Revenue Code and have been deployed successfully for many years by trade associations and professional organizations. It is only with the passage of the SECURE Act that the MEP concept will be available for all types of employers. Read more »


October 31, 2019

October 25, 2019

Legislative Updates: Third Quarter 2019

THE SECURE ACT OF 2019

As a reminder, in April, the House Ways and Means Committee voted to move forward with the “Setting Every Community Up for Retirement Enhancement” Act (SECURE Act) legislation. Concurrently, the Senate reintroduced similar provisions in the Retirement Enhancement and Savings Act (RESA). The SECURE Act, with its provisions to incentivize retirement plan creation and increase plan accessibility, is designed to help American workers boost their chances of a secure retirement. Read more »