Inevitable A New Framework for Family Offices with Integrated Capital Strategies
Jan 20, 2025
Sharon Schneider, Founder of Integrated Capital Strategies, advises high-net-worth individuals on integrating social impact into their financial strategies. She discusses the shift among younger generations towards ethical investing, particularly in light of climate change. Key topics include distinctions between impact, aligned, and catalytic capital, and how family offices can effectively structure loans for innovative projects. Sharon also shares insights on the evolving fiduciary duties of family offices and emphasizes the importance of aligning investment strategies with personal values.
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Sharon's Background
- Sharon Schneider's background is in philanthropy, starting at Pew Trusts and then Foundation Source, administering private foundations.
- She questioned the approach of using 5% for good while the remaining 95% potentially caused harm.
Corporate Venture Capital Criticism
- Companies often face criticism for investing in innovation while their core business practices may be harmful.
- This applies across the capital stack, where small investments in "good" initiatives mask larger harmful practices.
Catalytic Capital Defined
- Catalytic capital is flexible and may be given away, unlike return-seeking investments.
- It can take various forms, such as grants, loans, or equity, expanding the traditional giving toolbox.