New York, NY (PRWEB) September 25, 2014
Cornerstone Capital Inc. announced today the hiring of Craig Metrick as Director, Manager Due Diligence and Thematic Research. In his new role, Metrick will be responsible for overseeing the firm’s manager and fund outreach and review process across the asset class spectrum. He will support the Cornerstone Capital Investment Management (CCIM) business by helping to ensure the firm provides clients with a robust investment product solution suite, via the proprietary Cornerstone Portfolio Solutions (CPS) platform.
Metrick comes to Cornerstone from Mercer, where he was Principal and US Head of Responsible Investment. For more than 15 years, Craig has consulted with public, private and foundation clients on implementing responsible investment principles and mandates. Before joining Mercer in 2006, Craig was a Director at the Investor Responsibility Research Center, Inc. (IRRC), which provided ESG research to institutional investors.
“We could not be more delighted to have Craig joining our organization. Craig’s deep understanding of the analytics behind Asset Manager selection, combined with his ability to identify critical global thematic trends will allow Cornerstone to bring the full breadth of our resources to bear on behalf of our clients,” said Erika Karp, Founder and CEO at Cornerstone Capital Group.
Added John Wilson, Head of Corporate Governance, Engagement & Research, “Craig brings a unique perspective combining expertise in ESG and financial markets, combined with his experience in manager and fund evaluation. He will be of tremendous benefit to our firm’s clients by helping us to select the best quality managers, and by providing excellent thematic research for professional investors.”
“Cornerstone’s unique capabilities, quality team and commitment to sustainability makes it an ideal fit for the future of sustainable finance and my career. I look forward to contributing to Cornerstone and to continue to contribute to the industry that I have been committed to through my years at IRRC and Mercer," said Metrick.
For almost nine years at Mercer, Metrick has consulted to a variety of clients, from multi-billion dollar pension plans to smaller institutions and family foundations. His work has included portfolio construction, manager selection and monitoring, and the development of intellectual capital across issues and asset classes. Metrick has also been a frequent speaker at conferences and with the press covering Responsible Investment, clean technology investing, and the role of sustainability in manager selection for investors.
Metrick, who will be based in Denver, is a Chartered Alternative Investment Analyst and a member of the CAIA Association. He has served on the Board of Directors of the US Forum for Sustainable and Responsible Investment (USSIF) since 2011 and was elected Treasurer of the non-profit association in January 2014. He serves on the Membership and Research Committees and is a Trustee of the staff-defined contribution plan. Craig is also a member of FTSE4Good US Advisory Committee.
Metrick graduated with a degree incorporating international relations, economics and environmental science from Bradley University and has a Master’s degree in environmental science and public policy from George Mason University.
About Cornerstone Capital:
Founded in 2013, Cornerstone Capital Inc. is a woman-owned financial services firm based in New York offering investment banking and strategic consulting and investment management capabilities. The mission of the firm is to bring the discipline of sustainable finance to the mainstream of the capital markets. With the systematic analysis of environmental, social and governance (ESG) factors in the investment process, the Cornerstone Capital Group advises both investors and corporations on how to optimize their financial and business decision-making processes. Cornerstone’s Board of Directors, Global Advisory Council and Staff partner with organizations including the World Economic Forum, the Clinton Global Initiative, the Sustainability Accounting Standards Board, and the Principles for Responsible Investment to work towards collaboration and transparency in the global capital markets.