Inherent Group
fund on 1 show · 7 statements across 1 episodes · said 9 times in 1 episodes since 2020
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7 statements about Inherent Group, every show
Review random investment memos to test if ESG managers are genuine
“On the mission-driven side, I tell people really two things. One, what are they doing as a manager, as a management company to embrace ESG? Two, pull some investment committee memos at random and see how they talk about ESG.”
Medicare going cash-flow negative will end excess rents for healthcare monopolies
“And I think that trades over because Medicare is going to go cashflow negative in the next few years.”
Long-tenured CEOs with poor governance scores often create destructive personal fiefdoms
“We look for companies where the CEO has been in the seat, 15 years or longer, and where NSCI or Sustainalytics gives them a bottom quartile score on governance. And we've just seen over and over in our career that And sometimes the CEO is there because they're…”
UN Sustainable Development Goals provide a multi-year structural investment tailwind
“I like this description of the sustainable development goals as the strategic plan for the planet, which I believe. And if you believe that there's just going to be over many, many years, a tailwind to invest in these SDG aligned areas. And conversely, if you'…”
Inherent Group trades lower fees for long-term capital and three-year payouts
“And so we structured it so that the majority of our capital is longer term capital and, you know, in exchange for that, what we offered was lower fees, a hurdle, and we pay ourselves at the end of three years.”
ESG leadership drives higher valuation multiples by de-risking future cash flows
“You have two companies doing exactly the same one, but one leads on ESG and one doesn't. You're willing to pay more for the cash flows of the one that leads on ESG because those cash flows are less risky. They're less volatile.”
Investors must avoid un-termed leverage to play offense during market stress
“From an investing standpoint, the biggest sort of takeaway was just make sure that you're in a position to go on offense when the markets are under pressure. And so that's really informed how we think about managing the portfolio risk here at inherent as well.…”