Caprock's Measurable Progress
Caprock has established itself as a prominent multi-family office Registered Investment Advisor (RIA) dedicated to making impactful investments. Their recent data highlights significant contributions to climate adaptation, affordable housing, and renewable energy that demonstrate their commitment to both financial returns and social good.
Impact Investments Overview
Over the years, Caprock has devoted more than $2.5 billion to impact investments, facilitating positive changes globally. Greg Brown, Caprock Co-CEO, explains, "We aim for a deeply integrated approach to impact investing, which craft tailored strategies supporting our clients' unique goals. Our clients include those exploring impact investing and those wholly focused on it; often, the best opportunities are those addressing pressing global challenges."
Significant Achievements in 2024
In 2024, Caprock achieved notable milestones, reflecting their dedication to enhancing societal well-being:
- Mitigated over 70 million metric tons of greenhouse gas emissions, which is comparable to removing approximately 16.4 million cars from the roads for a year.
- Generated nearly 19 million megawatt-hours of energy, sufficient to power about 1.8 million homes annually.
- Managed sustainably over 22 million hectares of land, an area similar in size to a significant state.
- Conserved over 2 billion gallons of water, a volume enough to fill over 3,100 Olympic-sized swimming pools.
- Financed more than 20,000 affordable housing units.
- Supported over 3 million loans to micro, small, and medium-sized enterprises and underserved borrowers.
All metrics were derived from advanced reporting platforms, ensuring transparent tracking of impact across various investment avenues.
Driving Sustainable Change
Caprock meticulously monitors impact through a set of over 125 active metrics, enabling clients to assess their investment contributions clearly. Sophie Kelly, Caprock's Director of Impact Investments, notes the scalability of their impact strategies. She states, "The strategies we advocate deliver measurable impacts, scaling effectively as capital flow increases. We identify vast opportunities to address urgent needs while ensuring competitive returns, especially in affordable housing and renewable energy, areas under increasing demand."
Collaboration with BlueMark
This year, Caprock transitioned its proprietary impact reporting to BlueMark, a recognized leader in impact verification. This upgrade allows for enhanced tools to gather, validate, and interpret impact data, leading to improved efficiency and transparency in reporting. Sarah Gelfand, President at BlueMark, highlights the importance of integrating impact into investment strategies, advocating for new data management capabilities to facilitate better decision-making.
Commitment Beyond Numbers
Both Caprock and BlueMark showcase their commitment to the impact investing community during events like Climate Week NYC. They emphasize collaboration among industry leaders to propagate the impact investment framework further.
About Caprock
Founded in 2005, the Caprock Group, LLC operates as a distinguished multi-family office RIA dedicated to ultra-high-net-worth clients. With over 420 families and $13.8 billion in assets under advisement, Caprock excels in managing private markets, providing access to over $4 billion in private investments including private equity, real estate, and venture capital. Their expertise within impact investing places them as industry leaders.
About BlueMark
BlueMark serves as a vital independent provider of impact verification services for the sustainable investment sector. As a certified B Corp, their mission is to enhance trust in impact investing by offering a range of verification and analytics services. BlueMark utilizes established industry standards and frameworks to underpin its verification methodologies, ensuring a robust and comprehensive approach to measuring impact.
Frequently Asked Questions
What is Caprock's primary focus?
Caprock focuses on impact investments that create positive social and environmental outcomes while delivering strong financial returns.
How has Caprock contributed to renewable energy?
In 2024, they generated nearly 19 million megawatt-hours of energy, equivalent to powering 1.8 million homes.
What is the significance of their impact metrics?
The metrics provide transparency in how investments positively affect climate change, housing, and community support.
How does Caprock support its clients?
Caprock creates customized investment strategies that align with their clients' values and impact objectives.
What partnerships enhance Caprock’s impact initiatives?
Caprock collaborates with BlueMark for advanced reporting and verification of impact investment results, ensuring alignment with industry standards.
