Angeles Investments Achieves B Corporation Recertification
Angeles Investments is thrilled to announce its recertification as a Certified B Corporation. This acknowledgement highlights the firm's dedication to social and environmental responsibility, as well as transparency and accountability in all its operations. As a global multi-asset investment firm, it manages assets totaling approximately $37.1 billion, with $6.9 billion in discretionary assets under management.
The Significance of Being a B Corporation
Certification as a B Corporation is a rigorous process conducted by B Lab, a nonprofit organization that evaluates companies across five critical areas: governance, workers, customers, community, and environment. Angeles first earned this distinction a short time ago, and their successful recertification is valid for another three years, affirming their continued commitment to socially responsible investing.
Leadership's Perspective
Howard Perlow, the CEO and Co-Founder of Angeles, emphasized the importance of this certification, stating, "Our recertification as a B Corp reflects who we are and what we stand for. From the beginning, we've built this firm with a deep sense of mission that extends beyond investment strategies to how we connect with our clients and our communities. This recognition enhances the trust our clients place in us every day."
Community Engagement and Alignment
At the heart of Angeles Investments’ ethos is the commitment to align their investment strategies with the personal values of their clients. Anna McGibbons, Senior Managing Director and Partner at Angeles, conveyed this sentiment, saying, "Being a B Corp is more than a badge; it's a reflection of our firm's ethos. We consistently work to align portfolios with our clients' values, and every relationship we build is centered on a shared purpose. Our recertification underscores this commitment."
Join the Movement
Angeles is part of an inspiring collective of over 5,000 B Corps spread across 79 countries and 150 industries. Each of these companies shares a common vision of using business as a force for good, setting high standards for their impact and practices. This network offers a robust platform for exchanging ideas and collaborating towards a better future.
About Angeles Investments
Founded in 2001, Angeles Investments operates as a leading global multi-asset investment firm, focusing on crafting customized portfolios for institutional investors. Angeles serves families through its affiliate, Angeles Wealth Management. With headquarters in Santa Monica, California, the firm also has a presence in major cities like New York and Houston, establishing strong connections and understanding within diverse communities.
Commitment to Future Goals
Angeles Investments has shown a steadfast commitment to optimizing their operations and fostering a positive impact on society and the environment. This ongoing journey aims at enhancing transparency and accountability in their business, ensuring that clients remain confident in their investment partners.
Frequently Asked Questions
What does B Corporation certification mean?
B Corporation certification signifies that a company meets high standards of social and environmental performance, accountability, and transparency.
How long is Angeles Investments’ B Corp certification valid?
The recertification is valid for three years, after which Angeles Investments will undergo a reevaluation process.
Why is the B Corp designation important for Angeles Investments?
The B Corp designation reinforces Angeles’ commitment to aligning their operations with purposeful values and maintaining high standards in their business practices.
What areas does B Lab evaluate for certification?
B Lab evaluates companies based on governance, workers, customers, community, and environment to determine B Corp certification.
How does Angeles Investments engage with its clients?
Angeles strives to build relationships grounded in shared values, ensuring that their investment approaches resonate with their clients’ individual beliefs and goals.
