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Sustainable Investor Ethic Raises $6.8m, as Socially Responsible Assets Soar

New York based sustainable investing firm has raised $6.8m led by ThirdStream Partners with participation from Nyca Partners, Kapor Capital, and the Urban Innovation Fund.

The cash will help Ethic automate “the creation of portfolios designed to outperform in sustainability, while seeking to tightly track benchmark performance,” according to a company press release. “We think of ourselves as the operating system for sustainable equities investing, working alongside wealth advisors and institutional investors to empower them to become sustainability leaders,” added co-founder and CEO Scott

Tags

wealth management, sustainability