Watching an Industry Grow

October 29, 2021

There are events and moments in history that seem ordinary, but in actuality are more significant than we currently realize. Only time and momentum will prove these out. In 2015 I told the CEO of a leading Alternative Investment asset manager I was leaving to pursue Impact investing. Impact investing was on the fringes in the US wealth management business at that time. Was I making up this trend I saw and so deeply believed in? Time and momentum are proving out as evidenced by the Alternative & Direct Investment Securities Association’s (ADISA) Fall conference. Could it be a moment or event in history that marks a significant opportunity for Impacting investing in the wealth management business?

ADISA is the largest US trade association in the alternative and direct investments industry, providing education, networking opportunities, and advocacy for members. For the first time ever, ADISA has formed an Impact and ESG Committee, which was responsible for creating the series of Impact sessions at this year’s conference. Personally, being a part of these three educational sessions was surreal, not to mention hearing Impact come up in other sessions that were not even about Impact investing. The momentum that started with Foundations and Institutions is making its way into the wealth management business and we all can be a part of this opportunity.

– Jeff Shafer, Co-Founder and CEO

Related News

Celebrating 5 Years of Impact

Celebrating 5 Years of Impact

At 40, as an executive at a leading alternative asset management firm, a back surgery forced me to slow down and...