Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Capital on the Frontier Best Practices Geographies
Slack Conference Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe
Features
Series
Themes
Community
Data
Subscribe Log In
More

Equilibrium’s Dave Chen: Pension Funds Tipping Toward Sustainable Investments (Podcast)



The tipping point toward sustainability as a truly compelling investment thesis won’t come until pension funds and other institutional investors start to write checks of hundreds of millions or even billions of dollars.

podcasct-cover_v2-3aThat day may already have come, says Dave Chen, CEO of Equilibrium Capital in Portland, Ore., which counts pension funds as investors in its $250 million ACM Permanent Crop Fund and other real assets investment strategies (see “The Case for Owning and Operating Real Assets”).

In a new podcast interview with ImpactAlpha, Chen discusses how the sustainability thesis is driving interest from European, Canadian and some leading U.S. pension funds in green real estate, agriculture, timber and, increasingly, water. To basic investment concepts such as long-term value, risk-mitigation and non-correlation with the volatility of the broader market, sustainability adds an additional factor: growth opportunities.

Listen to ImpactAlpha’s interview with Dave Chen in our new podcast series.

“It is no longer about goodness and the imperative,” Chen says in the interview. “It now becomes an issue of,  ‘Am I managing my assets in accordance with my desire for them to be a long-term hold? A long-term productive asset? A long-term resilient asset?'”

“So it’s not that sustainability drives duration,” he continues. “I’d say that embracing duration actually helps you understand why sustainability makes sense.”

In particular, with the California drought focusing attention on long-term scarcity, the water market is in for fundamental change, Chen says.

“The moment that water is priced as an asset, truly to market and to the regional supply / demand curve, the changes are going to be very fast,” he says. “When that happens the market will transform itself.”

In the same episode, Brian Walsh, head of corporate impact for the New York financial services firm, Liquidnet, and Imogen Rose-Smith, senior writer at Institutional Investor, join David Bank, editor of ImpactAlpha, to discuss the Pope’s call for a more “inclusive capitalism.”

Listen to ImpactAlpha’s interview with Dave Chen in our new podcast series.

[seperator style=”style1″]Disclosure[/seperator]

Equilibrium Capital is a sponsor of ImpactAlpha.

You might also like...

Skip to toolbar