Family Office World The Explosive Growth in Impact Investing for Family Offices with Tami Kesselman, Keynote Speaker, Worldwide President Harvard Alumn in Impact, and Board of Directors for the Governance Committee at Harvard’s Kennedy School
Jan 21, 2020
Tami Kesselman, Worldwide President of Harvard Alumni in Impact and a board member at Harvard’s Kennedy School, delves into the booming world of impact investing. She shares how family offices, influenced by millennial values, are shifting towards sustainable investments that align with personal values. Kesselman emphasizes the necessity of measuring real impact and the role of educational initiatives in shaping future investors. The discussion also highlights the crucial intersection of finance and social responsibility in driving positive change.
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Impact Investing Is Real and Growing
- Impact investing is real and growing, driven by millennials and next gens in families and corporations.
- The 2015 UN Sustainable Development Goals accelerated private sector engagement unlike previous nonprofit efforts.
Family Offices Embrace Impact Investing
- Family offices favor impact investing because of their patient capital and multi-generational legacy focus.
- Impact strategies often outperform traditional indices over 10 years, aligning doing good with strong returns.
Wealth Shift Enables Impact Investing
- Wealth stewardship is shifting from patriarchs to matriarchs, who integrate values and impact with investment decisions.
- Millennials insist on simultaneous financial returns and positive societal outcomes from investments.