New Products
Threshold Group Goes Hunting For Pacific Northwest Opportunities With New Platform
The RIA has launched a platform to capture investment opportunities in the US Northwest.
US-based registered investment advisor Threshold Group is rolling out a platform focused on regional economic development in the Pacific Northwest, the firm announced yesterday.
The platform, called Invest NW, has been designed to build capacity and demand for impact investments targeting positive economic and social outcomes in the region, Threshold said. Its purpose is to source and evaluate investment strategies across a spectrum of social and environmental outcomes, including health care, education, diversity, energy, water and waste management, housing, financial services, and mitigation of the impacts of climate change.
“Families value their heritage and its relationship to their community and regional roots,” Ed Lazar, president of Threshold Group, said. “We see a rising trend that multiple generations want their investments to produce innovation and betterment close to home. Invest NW is intended to enable them to do so in a manner and structure similar to the rest of their portfolio investments,” Lazard continued.
“A key purpose is to promote economic development and job creation in the Pacific Northwest,” Lazar said. “Think ‘proactively transformative’ more than ‘socially responsible,’ building upon the inherent value of investing in people and place,” he said.
The majority of opportunities are in venture capital and private equity. Additionally, most impact investment strategies are considered “emerging,” lacking the operational infrastructure to hold up against a traditional institutional due diligence process and therefore are not yet followed by investment analysts, the firm said.
The firm currently works with clients controlling approximately $1 billion who have set the objective of aligning their portfolios with their missions.
Threshold Group serves clients in more than 25 states and has nearly $3 billion in assets under management as of December 31, 2014. Offices are in Seattle, Gig Harbor, Wash. and Philadelphia.
