Inherent’s PM Nikhil Mirchandani on ESG credit investing with CFA Society

In May 2020, CFA Society New York’s Sustainable Investing Group invited Nikhil Mirchandani to discuss Inherent’s investment approach, which incorporates Environmental, Social, and Governance (ESG) factors into every stage of its process from sourcing to underwriting to engagement and ongoing monitoring. Learn more about Inherent’s differentiated process that incorporates an ESG lens not just investing

Inherent Group Joins Investors Urging the Business Community to Lead on COVID-19 Response

Inherent Group, LP is among the group of 250+ investor signatories representing over $6.4 trillion in assets under management with global exposure across capital markets to the Investor Statement on Coronavirus response led by Domini Impact Investments LLC, Interfaith Center on Corporate Responsibility, and the Office of the New York City Comptroller Scott M. Stringer:

Generate Capital raises >$1B for sustainable infrastructure

Inherent Group’s portfolio company Generate Capital announced on February 4 that it has secured over $1 billion in funding. Participating investors included AustralianSuper, QIC, Railways Pension, and AP2 of Sweden. The funds will accelerate the company’s deployment of sustainable infrastructure in asset classes including battery storage, solar, energy efficiency, and electric vehicles.

Vital Farms’ industry-first traceability effort

Inherent Group’s portfolio company Vital Farms, in a pioneering initiative in food traceability, enables consumers to see (pre-recorded) 360-degree video of the pastures where the eggs from a given carton are laid. The effort comes amidst increasing consumer interest in understanding where their food comes from, which is particularly relevant in a vertical where claims

Shh! Companies are Fixing Accounting Errors Quietly

Companies are increasingly correcting accounting problems by quietly updating past numbers, rather than alerting investors and reissuing financial statements. A study finds that almost half of these  “quiet” revisions to SEC filings from August 2004 through 2015 met at least one of the guidelines for them to be considered “Big R” restatements that require alerts

How Boeing Lost Its Bearings

An interesting and timely reminder of the long-term impact of company culture on performance. The Atlantic tracks the genesis of Boeing’s current troubles to the early 2000s when the financially-driven management culture of acquired McDonnell Douglas started replacing the engineering-driven culture of legacy Boeing.