Capricorn Investment Group Welcomes Mark Berryman and Nick Flores as New Partners

Capricorn Investment Group Welcomes New Partners

In a strategic move aimed at strengthening its impact investing offerings, Capricorn Investment Group has announced the addition of Mark Berryman and Nick Flores as partners. This key appointment will not only bolster the firm's ability to deliver tailored investment solutions but also reaffirms its commitment to aligning capital with meaningful social impact.

Founded in New York and Palo Alto, Capricorn Investment Group currently manages assets amounting to $12 billion, focusing on mission-aligned investments that support both families and foundations seeking to make a positive difference through their financial activities. The firm has carved a niche in the world of sustainable finance, and the inclusion of Berryman and Flores is expected to enhance its potential even further.

A Stronger Investment Committee

Mark Berryman brings over 20 years of experience in impact investing and emerging markets to Capricorn’s Investment Committee. Having previously served as the Managing Director at Caprock, he co-led its impact and sustainable investment ventures and actively managed family and foundation clients focused on making a difference. Berryman, who also teaches impact investing at Columbia University, believes firmly in Capricorn's ethos. He stated, "Capricorn has built a strong reputation for delivering exceptional investment solutions that align capital with purpose. I am thrilled to join this outstanding team and contribute to its mission of driving strong financial performance alongside meaningful, long-term impact."

Berryman's impressive background also includes a tenure with the International Finance Corporation (IFC), where he operated in various international markets. His commitment to community service began early in his career as a Peace Corps Volunteer in Mali, which undoubtedly shaped his perspectives on sustainable development.

Enhancing Client Advisory Services

Nick Flores, with over 15 years of impact investing experience under his belt, will assume the role of Client Advisor at Capricorn. His expertise in managing investment portfolios for mission-driven families and foundations aligns seamlessly with Capricorn’s objectives. In his own words, Flores emphasized the growing expectation among families and foundations for not just financial returns, but also tangible social and environmental benefits from their investments. He expressed his honor at joining Capricorn, stating, "Capricorn's interest in helping these clients is principled, longstanding, and genuine."

Before joining Capricorn, Flores was also a Managing Director at Caprock, where he played a pivotal role in the firm’s impact investing initiatives. His experience includes crafting investment strategies that resonate with clients' values and ethical considerations. He holds an MBA and an undergraduate degree with honors from Stanford University, further showcasing his qualifications in the field.

Commitment to Sustainable Investing

Capricorn’s commitment to sustainable investment practices reflects a deep care for alleviating global challenges through capital deployment. The firm aims to demonstrate the vast potential of socially responsible investments, which not only focus on financial returns but also address pressing issues like climate change and social justice.

Having Berryman and Flores on board may mark a turning point for Capricorn as they enhance the firm's approach to Outsourced Chief Investment Officer (OCIO) services. Their collective knowledge and experience are anticipated to fortify the relationships with clients, allowing Capricorn to navigate complex landscapes while ensuring that investments yield both economic and societal gains.

As Capricorn Investment Group continues to expand its footprint in the realm of mission-driven investing, the industry will be watching closely how these recent changes translate into real-world impact and innovative financial solutions.

This latest development underscores not only Capricorn's dedication to its clients' missions but also elevates the standard for what impact investing can achieve in today’s financial ecosystem. For those involved in the intersection of finance and social progress, this announcement symbolizes a promising step forward, promising not just growth for the firm but meaningful change for the communities it serves.