Generation Investment Management

Investment management firm

Generation Investment Management LLP

Company type| Independent, private, owner-managed partnership
Industry| Financial services
Founded| April 2004; 21 years ago (2004-04), London
Headquarters|

London

United Kingdom

Area served

| Worldwide

Key people

* Al Gore (chairman)
* David Blood (senior partner)
* Mark Ferguson (co-chief investment officer)
* Miguel Nogales (co-chief investment officer)
* Colin le Duc (founding partner)

Services| Investment management
Website| www.generationim.com

Generation Investment Management (Generation IM) is a sustainable investment management firm founded in 2004; its co-founders included former US Vice President Al Gore and former Goldman Sachs' Asset Management head David Blood, along with five other founders,[1] with a vision to see long-term sustainable investing become best practice and for sustainable capitalism to become the enduring economic model.[2]

Generation operates four strategies, investing both public and private equity: Global Equity, Asia Equity, Growth Equity and Private Equity;[3] alongside a climate-led investing business, Just Climate.[4]

Generation has offices in London and San Francisco,[5] and as of 2025[update], employed over 100 people.[6] Generation Investment Management LLP is authorized and regulated by the Financial Conduct Authority in the UK.

Generation has built a global research platform to integrate sustainability research into fundamental equity analysis.[7]

## History

[edit]

Generation was founded in April 2004 by a group of seven founding partners led by Al Gore and David Blood.[8] Its goal was integrating the disciplines of finance and sustainability.

In 2021 Generation launched Just Climate, a climate-led investment business aiming to address the net-zero challenge at scale.[9] It closed its inaugural Climate Assets Fund I in 2023, raising $1.5 billion.[10]

## Partnerships

[edit]

* Net Zero Asset Managers initiative [11]
* The Climate Pledge[12]
* Ceres[13]
* The Alliance for Climate Protection (Repower America)
* World Resources Institute
* Natural Resources Defense Council
* The Climate Project

## Investments

[edit]

Investments by Generation funds include:

* Octopus Energy[14]
* Proterra[15]

## References

[edit]

1. ^ "The Business Care for Green Energy". The Wall Street Journal. Retrieved 25 April 2025.
2. ^ "Generation Investment Management". theclimatepledge.com. Retrieved 25 April 2025.
3. ^ "Our strategies". Generation Investment Management. Archived from the original on 31 January 2025. Retrieved 10 April 2025.
4. ^ "Our business". Just Climate. Archived from the original on 30 March 2025. Retrieved 10 April 2025.
5. ^ Levy, Rachael (23 October 2017). "$18 billion fund manager started by Al Gore and a Goldman Sachs exec sets sights on Silicon Valley". Business Insider. Retrieved 30 March 2025.
6. ^ "Our leadership". Generation Investment Management. Retrieved 10 April 2025.
7. ^ McGeveran, Elizabeth (16 October 2017). "Sustainability Focus, Extraordinary Performance". McKnight Foundation.
8. ^ Gandhi, Vikram S.; Mehta, Sarah (May 2020). "Generation Investment Management - Case - Faculty & Research". Harvard Business School. Retrieved 10 April 2025.
9. ^ "Al Gore launches climate change asset manager". ft.com. Retrieved 27 October 2021.
10. ^ "Just Climate raises $1.5 billion with help from Microsoft fund". reuters.com. Retrieved 8 August 2023.
11. ^ "Net Zero Asset Managers initiative publishes initial targets for 43 signatories as the number of asset managers committing to net zero grows to 273". netzeroassetmanagers.org. Retrieved 31 May 2022.
12. ^ "Climate Pledge: 20 businesses including IBM and Iceland Foods join Amazon's net-zero commitment". edit.net. Retrieved 17 February 2021.
13. ^ "Ceres Investor Network". ceres.org. Retrieved 8 August 2023.
14. ^ "Al Gore's firm buys £483m stake in Octopus Energy Group". BBC News. 28 September 2021. Retrieved 28 September 2021.
15. ^ Muoio, Danielle (13 June 2017). "The 'Tesla of buses' raises $55 million from Al Gore's investment arm as it eyes an IPO". Business Insider.

## External links

[edit]

* Generation Investment Management Profile from the Financial Times (requires log-in)
* For People and For Planet, a 3/28/06 op-ed in The Wall Street Journal by Al Gore and David Blood
* We Need Sustainable Capitalism, an 11/5/08 op-ed in The Wall Street Journal by Al Gore and David Blood
* When Principles Aid Performance, an article about the firm from the Financial Times, April 2007
* Generation Announces Plans For New Investment Management Firm, the November 2004 press release
* SEC Regulatory Information and Disclosed Holdings
* Al Gore and David Blood interviewed by WIRED, April 2018