Angeles Investments Achieves B Corporation Recertification, Affirming Commitment to Responsible Values

Angeles Investments Achieves B Corporation Recertification

Angeles Investments, a multi-asset investment firm managing approximately $37.1 billion in total assets, has proudly announced its recertification as a B Corporation (B Corp™) by B Lab™, a nonprofit organization responsible for overseeing the certification process. This recognition serves as a testament to the firm's unwavering commitment to social and environmental performance, transparency, and accountability.

A Testament to Values

According to Howard Perlow, CEO and Co-Founder of Angeles, the recertification exemplifies the firm's core values. He stated, "From the beginning, we have aimed to build a firm with a deep sense of mission—not just in how we invest, but in how we engage with our clients, our colleagues, and our communities." This sentiment underscores the importance Angeles places on aligning its business practices with its purpose-driven values.

Having first earned the B Corp certification in January 2023, the recertification confirms ongoing compliance with B Lab's rigorous standards. The review process evaluates a company's operations and impact across five critical categories: governance, workers, customers, community, and environment. With its recertification extending for another three years, Angeles Investments continues to be recognized for its ethical business practices.

Community Impact and Client Trust

Anna McGibbons, Senior Managing Director at Angeles and leader of the firm’s mission-driven initiatives, also shared her thoughts on the importance of the recertification. She emphasized, "Being a B Corp is more than a badge—it's a reflection of our firm's ethos." Angeles strives to align its investment portfolios with clients' values, asserting that each relationship is built upon shared purpose. This dedication to purpose-driven investing not only strengthens the firm’s portfolio but also reinforces the trust of clients who seek alignment with their ethical views.

Angeles Investments is proud to share its mission with over 5,000 other B Corps across 79 countries and 150 industries, all leveraging business as a force for good. This global community is committed to creating positive social and environmental impact, and Angeles aims to lead by example.

Background on Angeles Investments

Established in 2001, Angeles Investments is a global investment firm that specializes in managing customized portfolios for institutional investors and select families in the United States. The firm has offices in Santa Monica, California, as well as in New York City and Houston. The successful recertification further solidifies Angeles' position within the realm of socially responsible investment, demonstrating its dedication to accountability and performance for both its clients and the broader community.

For those seeking more information about B Corporations and the impact they are creating, B Lab's website offers resources and insights into how businesses can meet high standards of social and environmental responsibility. The initiative encourages every business to reflect on its operations and strive for a transformative approach that benefits all stakeholders involved.

Angeles Investments continues to be a pioneer in promoting responsible investing, and as it embarks on this new three-year period of B Corp certification, it remains committed to enhancing its impact while upholding its core values.