Generation Investment Management
From Wikipedia, the free encyclopedia
Generation Investment Management is a London based investment firm which has been set up to tap growing demand for an investment style that blends traditional equity research with a focus on other factors such as social and environmental responsibility and corporate governance.
Al Gore is chairman of Generation Investment, with David Blood — previously chief executive of Goldman Sachs Asset Management — as managing partner. This pair have given the company its nickname, "Blood and Gore".
The November 2004 press release announcing the launch of the firm included the following quote from Gore:
- I'm delighted to join David Blood in founding this firm. The issue of sustainability has always been a passion of mine. Helping to establish the competitive business advantages of sustainability in an investment context with this exceptional team is a very exciting challenge.
- Transparency, innovation, eco-efficiency, investing in the community, nurturing and motivating employees, managing long-term risks, and embracing long-term opportunities are integral parts of a company's enduring capability to create value. Business leaders who align their business strategy and technical development with sustainability and social accountability will deliver superior long-term results to shareholders.
The firm, established as a private partnership, is based in London and also has offices in Washington, D.C.. It began investing client money in April 2005. Generation employes 23 people and has an Advisory Board that assists with research issues.
