LSFO is committed to achieving a just and sustainable world and seeking market financial returns along side demonstrable social/environmental impact benefiting people and planet from our increasingly values-based determined investment portfolio. Our investment mandate, grant-making and policy objectives support social and climate equity and justice.
All investing is executed by , LSFO Multi-Family Office partner.
Family members may take Board and/or advisory roles, from time-to-time, with select investment managers.
OUR ALLOCATIONS
- Public Equities and Fixed Income (public values-based investments) are first evaluated and scored, via our proprietary screening tool for:
- ESG - The public company's assessment of record and disclosure related to Environment, Sustainability and Governance
- GC - A normative assessment of the company based on the four core principles of the United Nations Global Compact ("GC"): human rights, labor rights, the environment and anti-corruption
- This is lower "intentionality" investing, that is, seeking to do no harm, favoring better corporate stewardship, sustainability and those that benefit people and planet
- LP Interests via Third Party Impact Funds (Targeted Investments), seeking market financial return plus measurable social/environmental impact, presently favoring:
- Early stage investment in managers that are women and/or people of color (based on stage of manager, this investment may come from our DAF account)
- With social/environmental objectives that coincide with Family values-based objectives
- This is higher "intentionality" investing - seeking to drive capitalization versus "crowding out" other capital
- Early stage investment in managers that are women and/or people of color (based on stage of manager, this investment may come from our DAF account)
Investing Philosophy & allocations
Our Investment Policy Statement is Available Upon Request
OUR PHILOSOPHY
- All investing has impact
- "Traditional" is better described as "amoral" investing. Take a stand with your capital - money is a tool
- LSFO maintains investments in uncorrelated market strategies as 'ballast' in portfolio for more intentional investments
- There is no trade off between market returns and social/environmental impact unless choosing to be a "catalytic" investor
- We invest in public securities (equities, fixed income) screening for top-quartile environmental/social/governance ranking companies, omitting certain industries
- We make targeted investments for impact, via outside managers, self-identifying as "impact", and demonstrating market returns and measurable impact
- Our impact objectives are social justice and inequality, climate action and financial inclusion, and their intersectionality
- The Lupoff/Stevens Family Office invests in the 44 poorest countries via partnership with the United Nations Capital Development Fund
- With no outside capital, just our own, we have the opportunity to invest with an inter-generational time perspective, and therefore, not prone to actively trade or pay attention to faddish opportunities
LSFO IS A PARTNER FAMILY AMONGST THE BEATRICE ADVISORS MULTI-FAMILY OFFICE (MFO) - ALL INVESTMENTS MADE THROUGH THE MFO