People, every show

Manny Citron

Managing Partner, SDCL Private Equity. On 1 show, 1 appearance. The Shows tab opens the full record on each.

investorfounderexecutivevolerycapital.com ↗

Emanuel "Manny" Citron co-founded Volery Capital to make growth investments in asset managers advancing climate solutions and economic inclusion. Following SDCL's acquisition of Volery Capital, he leads SDCL’s private equity practice backing companies driving decarbonization.

1shows
1appearances
14statements
2resolved
1supported
0contradicted
50%fully supported

Everything Manny Citron said on any show that made the record, most notable first. Each card names its show and opens the statement there.

CAPITAL ALLOCATORS Assertion Not checkable as stated
Citron: ESG integration lowers capital costs and expands valuation multiples
“And also companies with these considerations have shown to be able to reduce volatility and trade at higher multiples and access, you know, a lower cost of capital.”
Manny Citron Jun 18, 2020 ▶ 11:13 Sustainable Investing 4: Emanuel Citron – Sourcing Sustainable Managers (Capital Allocators, EP.142)
CAPITAL ALLOCATORS Prediction Not checkable as stated
Microgrids and distributed power offer accretive value for data centers
“Those strategies, I think, will continue to both offer positive environmental impact, but also accretive propositions to the users, to, you know, data centers who are looking for that kind of local reliable power.”
Manny Citron Jun 18, 2020 ▶ 19:00 Sustainable Investing 4: Emanuel Citron – Sourcing Sustainable Managers (Capital Allocators, EP.142)
Many skilled impact fund managers struggle to articulate their value proposition
“We found that a lot of Managers are really good investors, but aren't necessarily as practiced in, in telling their stories and helping connect what they do and why it's meaningful to LPs and other constituents.”
Manny Citron Jun 18, 2020 ▶ 33:06 Sustainable Investing 4: Emanuel Citron – Sourcing Sustainable Managers (Capital Allocators, EP.142)
CAPITAL ALLOCATORS Assertion Not checkable as stated
High-net-worth investors helped prove the alpha-generating ability of impact strategies
“There are a lot of high net worth investors that have been very committed to impact and have helped lead the way and have helped prove the alpha generating ability of some of these investment strategies.”
Manny Citron Jun 18, 2020 ▶ 35:02 Sustainable Investing 4: Emanuel Citron – Sourcing Sustainable Managers (Capital Allocators, EP.142)
Impact fundraising requires a rifle-shot approach to match thematic LP interests
“And so there are very committed LPs to space, but you have to be a little more rifle shot in connecting particular strategies to LPs with particular interests.”
Manny Citron Jun 18, 2020 ▶ 35:30 Sustainable Investing 4: Emanuel Citron – Sourcing Sustainable Managers (Capital Allocators, EP.142)
CAPITAL ALLOCATORS Assertion Supported
Stone Point Capital's first asset manager investment backed Todd Combs
“Stone Point's first investment in an asset manager was backing Todd Combs, who's now at Berkshire Hathaway.”
Manny Citron Jun 18, 2020 ▶ 8:17 Sustainable Investing 4: Emanuel Citron – Sourcing Sustainable Managers (Capital Allocators, EP.142)
Volery Capital makes private equity investments in impact asset managers
“We founded Volery to make private equity investments that generate positive social or environmental impact. And we quickly decided to focus on asset managers.”
Manny Citron Jun 18, 2020 ▶ 12:38 Sustainable Investing 4: Emanuel Citron – Sourcing Sustainable Managers (Capital Allocators, EP.142)
Volery Capital mapped over 1,200 sustainable managers across global asset classes
“So we have so far mapped over 1200 managers across asset classes and geographies. And the, you know, the majority of those are not addressable for us as investment propositions, primarily because they're subscale or they operate in geographies that are outside…”
Manny Citron Jun 18, 2020 ▶ 13:36 Sustainable Investing 4: Emanuel Citron – Sourcing Sustainable Managers (Capital Allocators, EP.142)
Volery Capital manages a workforce development mandate for Zoma Capital
“Is a mandate that we recently signed with a group called Zoma Capital in Denver, which is a terrific, long-standing Values oriented investor, which is to focus on, on workforce development.”
Manny Citron Jun 18, 2020 ▶ 16:42 Sustainable Investing 4: Emanuel Citron – Sourcing Sustainable Managers (Capital Allocators, EP.142)
Volery relies on outbound sourcing because impact GP stakes lack intermediaries
“Our sourcing strategy is almost completely outbound in our part of the market. No one's really intermediating These deals, we go out and create them”
Manny Citron Jun 18, 2020 ▶ 19:44 Sustainable Investing 4: Emanuel Citron – Sourcing Sustainable Managers (Capital Allocators, EP.142)
CAPITAL ALLOCATORS Assertion Not checkable as stated
Renewable Resources Group achieved high-teens net returns with zero realized losses
“They had realized a little over a third of what they deployed, zero realized losses, high teens, net returns in real assets, differentiated approach to each of their investments.”
Manny Citron Jun 18, 2020 ▶ 37:54 Sustainable Investing 4: Emanuel Citron – Sourcing Sustainable Managers (Capital Allocators, EP.142)
CAPITAL ALLOCATORS Assertion Partly supported
Renewable Resources Group raised $900M for Sustainable Water Impact Fund
“So they RG set out to raise seven hundred and fifty million dollars for that fund and ultimately hit the hard cap of just over nine hundred million.”
Manny Citron Jun 18, 2020 ▶ 38:33 Sustainable Investing 4: Emanuel Citron – Sourcing Sustainable Managers (Capital Allocators, EP.142)
Volery sets no minimum impact reporting bar for intentional managers
“And by the way, if they're very intentional, we can also help. With a lot of this thinking. So there's no minimum bar necessarily that we're looking to overcome.”
Manny Citron Jun 18, 2020 ▶ 30:06 Sustainable Investing 4: Emanuel Citron – Sourcing Sustainable Managers (Capital Allocators, EP.142)
CAPITAL ALLOCATORS Assertion Not checkable as stated
Renewable Resources Group deployed $1B equity deal-by-deal before commingled funds
“They had, at the time, put a billion dollars of equity to work, but on a deal-by-deal basis.”
Manny Citron Jun 18, 2020 ▶ 37:14 Sustainable Investing 4: Emanuel Citron – Sourcing Sustainable Managers (Capital Allocators, EP.142)

One line per show, most statements first. The link opens Manny's full record on that show: the calibration, argument clarity, speaking style and every statement made there.

ShowRole thereEpsStatementsRecord
CAPITAL ALLOCATORSLEDGER Managing Partner, SDCL Private Equity 1 14 50% 1/2 full record on Capital Allocators →
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