[…] “If Warren is wielding a stick, Delilah Rothenberg is dangling a carrot to entice the industry to reform itself. As founder of the Predistribution Initiative, she’s trying to nudge private equity fund managers to create investment structures that share wealth with workers and communities. Rothenberg spent 15 years in finance and private equity herself before […]
Archives: Research
Research
Leverage, compensation and taxation: Doing due diligence on investment fund managers
ImpactAlpha: Leverage, compensation and taxation: doing due diligence on investment fund managers
“Reforming capitalism is all the rage. Many of us in the ESG and impact investing communities are enthusiastic about calls from business and economic leaders for a ‘stakeholder economy’ that benefits more than our bottom lines.” […]
SSIR: Investors worried about wealth inequality should focus on fund manager compensation
“The compensation structures in the impact and ESG investing industries, particularly at large funds, may be exacerbating the very problems that ethically minded financial professionals are trying to solve. Here are five guidelines for addressing the glaring income and wealth inequality in our own backyard.” […]