Former President Bill Clinton meets with pension trustees on behalf of the Yucaipa Companies, a private firm that seeks financial returns through social investing.
[For more on this technology, see "Biochar: Carbon Mitigation from the Ground Up," p. A70 this issue.] The imperative, stresses Lewis Milford, president of the Clean Energy Group, a Vermont firm that seeks to accelerate the renewable energy market, is that any focus on offsets not slow the development of breakthrough technologies needed to reverse climate change quickly.
Then there's the revolving-door issue, which presents itself when a former board member is employed by an investment firm that seeks business from the fund he was formerly associated with.
This move was part of a larger trend: a month later, Goldman acquired Imprint Capital, a boutique investment firm that seeks measurable social and environmental impacts on top of financial returns.
The company was started in 2005 with an investment from DBL Investors, a private equity firm that seeks to generate social and environmental returns along with profits, and from several major foundations with interests in health.
It looks like the company now has a new investor: In-Q-Tel (IQT), which just so happens to be the strategic investment firm that seeks out new technologies for the U.S. Intelligence Community, including the CIA.
After his defeat, Mr. Percy lived in Washington and led a consulting firm that sought to help United States companies export their products.
That company was mostly a mobile design firm that sought to build and launch a series of products to the world and see what worked.
In the early seventies, Gail and Niederhoffer, who had decided to leave academe, moved to New York, where he started an investment-banking firm that sought out small, family-owned companies and helped sell them to bigger, public companies.
The North American Derivatives Exchange, the Chicago-based firm that sought to offer the contracts, portrayed its effort as consumer-friendly.
