In the Press / 10.12.2017
“The arrangement combines Tiedemann’s $12 billion in assets under management with Threshold’s $3 billion,” says ImpactAlpha.
This pattern of mainstream financial giants snatching up impact-focused firms is familiar. “It’s tough to incubate impact credibility, so acquiring it makes sense,” said Matthew Weatherley-White, managing director of Caprock, a wealth advisor with about $3 billion in assets. “It remains to be seen whether Tiedemann can integrate that impact culture without diluting it or corroding it.”
Don’t miss the rest of this Brief, including the “first ever ‘impact rating’ issued for a publicly traded mutual fund.”
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