Partners Capital Adds Kristen Eshak Weldon As Global Head Of ESG And Impact Investing
OCIO Partners Capital has hired Kristen Eshak Weldon as Global Head of ESG and Impact Investing. Weldon will be responsible for building impact investment portfolios and taking over responsibility for measuring the impact that those investments have on the planet and society. She will report to Euan Finlay, Partner and Chair of the firm's Responsible Investment Committee, and Stan Miranda, founder and Chairman.
"Kristen's hire is a meaningful step forward in our focus on ESG and Impact Investing," said Arjun Raghavan, CEO of Partners Capital. "Our goal is for our portfolios to generate meaningful positive societal and environmental change while maintaining the market beating returns that our investors have come to expect. Kristen's expertise will be invaluable in this endeavor."
Sir Ronald Cohen, Chairman of the Global Steering Group for Impact Investment, and long-standing strategic shareholder of Partners Capital said, "We are at historic crossroads, as the world emerges from the COVID-19 pandemic with record-breaking levels of government debt and heightened social and climate challenges. An impact revolution has started, which is building on the tech revolution which preceded it. ESG and Impact investment will continue to grow fast in the years ahead, creating a new source of investment outperformance while improving lives and the environment. I look forward to supporting Kristen's important efforts and ensuring Partners Capital's clients benefit from this historic mega-trend, while contributing to improving our world."
Weldon has joined Partners Capital from the Louis Dreyfus Company, where she was a member of the Executive Group and was responsible for steering the company's sustainability-focused investment activities. She led the launch of LDC Ventures, the company's investment fund management group, and was also Head of Food Innovation and Downstream Strategy, developing and implementing the strategy to extend the Company's capabilities further downstream, focusing on investments and strategic partnerships in alternative proteins, aquaculture and specialty commodities. She previously served as Senior Managing Director and Co-Head of the London office for Hedge Fund Solutions at Blackstone and is currently an independent advisor to the Cambridge University Endowment Fund.
"I am thrilled to be joining Partners Capital at such an important time. I have always held the firm in high regard and admired the intellectual and analytical rigor underlying their investment approach. I look forward to combining their investment principles with my experience in sustainable investing," said Weldon.
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