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Caprock Releases 2024 Impact Data

Caprock, a prominent Registered Investment Advisor serving ultra-high-net-worth individuals, has unveiled its 2024 impact metrics, showcasing the powerful results of its clients' investments. The firm emphasizes its commitment to creating positive societal and environmental effects, demonstrating that impact investing can align with robust financial returns.

Key Achievements

In the past year alone, Caprock's investments have led to:

• - Mitigation of Over 70 Million Metric Tons of Emissions: This achievement is comparable to removing approximately 16.4 million cars from the roads for an entire year.
• - Generation of Nearly 19 Million Megawatt Hours of Energy: This amount is sufficient to power approximately 1.8 million homes annually.
• - Sustainable Land Management: The firm has successfully managed over 22 million hectares of land, an area comparable to the size of the state of Utah.
• - Water Conservation: Caprock's initiatives have saved more than 2 billion gallons of freshwater, an amount that could fill over 3,100 Olympic-sized swimming pools.
• - Affordable Housing Initiative: By financing more than 20,000 affordable housing units, Caprock has directly contributed to addressing the housing crisis.
• - Support for Enterprises: The firm also backed over 3 million loans aimed at micro-, small-, and medium-sized businesses, alongside underserved borrowers.

Caprock’s Approach to Impact Investing

Co-CEO Greg Brown explained that Caprock employs a deeply integrated approach to crafting impact investments. The firm tailors its strategies to align with the unique values and objectives of its clients, which range from those exploring impact investing for the first time to those committed to creating 100% impact-driven portfolios. Brown noted, "Some of the most compelling investment opportunities arise from addressing significant global challenges."

The 2024 data, sourced from the BlueMark Impact Reporting Platform, indicates a sustained growth in positive impact across various key metrics. Sophie Kelly, the company’s Director of Impact Investments, highlighted the scalable nature of these strategies: "Our recommended approaches are achieving measurable impacts that continue to broaden as we deploy more capital. We anticipate a growing opportunity set that not only addresses urgent needs but also provides market-rate returns, particularly in affordable housing and renewable energy, which is gaining increasing demand alongside the AI revolution."

Transitioning to BlueMark

Earlier this year, Caprock switched its proprietary impact reporting to BlueMark, a leading provider of impact verification and intelligence services. This partnership is designed to enhance Caprock's capabilities in measuring and reporting impact, while providing clients with updated tools for validating and interpreting their investment outcomes. Sarah Gelfand, President at BlueMark, remarked, "As impact becomes a crucial element of investment strategies, enhanced data and management capabilities are necessary for effective decision-making and performance assessments."

The Future of Impact Investing

Looking ahead, Caprock and BlueMark plan to showcase their contributions to the impact investing field during Climate Week NYC from September 21 to 28. They anticipate engaging with peers to further promote the discipline and expand the reach of impactful investment strategies.

About Caprock

Founded in 2005, Caprock has carved a niche as a distinguished multi-family office offering full-service investment advisory services, managing over $13.8 billion in assets for approximately 420 wealthy families. The firm boasts extensive expertise in private markets and impact investing, making it a recognized thought leader in the industry. Caprock's mission is to facilitate financial success while fostering positive social and environmental changes.

About BlueMark

BlueMark stands out as a premier independent impact verification provider, aiming to bolster credibility within the impact investing community. Their services include impact verification, benchmarking, and analytical support, helping clients navigate and measure their impact investments effectively.

Together, Caprock and BlueMark are setting a precedent for transparent, effective impact investing, driving forward a vision of financial success married with meaningful social change.