Generation Investment Management
From Wikipedia, the free encyclopedia
| Generation Investment Management LLP | |
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| Type | Independent, private, owner-managed partnership |
| Founded | 2004 |
| Headquarters | |
| Key people | Al Gore, Chairman David Blood, Managing Partner Mark Ferguson, Chief Investment Officer Peter Harris, Chief Operating Officer Peter S. Knight, President of Generation U.S. Colin le Duc, Head of Research |
| Employees | 23 (2006) |
| Website | www.generationim.com |
Generation Investment Management LLP is a London-based investment management firm with an investment style that blends traditional equity research with a focus on sustainability factors, including social and environmental responsibility and corporate governance.
Former U.S. Vice President Al Gore is chairman of GIM, with David Blood — previously chief executive of Goldman Sachs Asset Management — as managing partner. This pair have given the company its nickname, "Blood and Gore".
The firm, a Limited Liability Partnership, is based in London and has offices in Washington, D.C.. It began investing client money in April 2005. GIM employs 23 people and has an Advisory Board that assists with research issues.
According to the GIM website they have sponsored a full energy efficiency audit for each employee's residence, including suggestions for ways they can make home energy improvements. Meanwhile, according to Nashville Electric Service, Gore's home in Nashville uses twice as much electricity in one month than the average home does in an entire year. His natural gas bill averages $1,080 a month. In total, Gore paid nearly $30,000 in combined electricity and natural gas bills for his Nashville estate in 2006.
Generation Investment Management LLP is authorized and regulated by the Financial Services Authority in the UK.
In November 2007, Generation and Kleiner Perkins Caufield & Byers announced a collaboration to promote green technology, business and policy solutions. As part of the collaboration, prominent KPCB Partner John Doerr joined Generation's Advisory Board.[1]
