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Capital Allocators – Inside the Institutional Investment Industry

Sustainable Investing 6: Richard Lawrence - ESG Integration at Overlook (Capital Allocators, EP.144)

Capital Allocators – Inside the Institutional Investment Industry

Ted Seides – Allocator and Asset Management Expert

Business, Investing

4.7841 Ratings

🗓️ 25 June 2020

⏱️ 47 minutes

🧾️ Download transcript

Summary

Richard Lawrence is the Executive Chairman of Overlook Investments, a leading value-oriented investment firm in Asia that he founded in 1991. Richard was an early guest on the show telling Overlook's story, and that conversation follows in the feed.

Over the years, Richard grew passionate about the environment and ESG principles, and quietly integrated them in Overlook's research process starting a decade ago. Our conversation covers the ESG integration lens at Overlook. We discuss stories of early governance challenges in Asia and the development of modern finance technology, social issues related to the quality of businesses, and environmental considerations of excluding industries, reporting challenges, principles, and tradeoffs. We close with Richard's philanthropic work on climate change and in the closing questions, his take on US-China relations.

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Transcript

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0:00.0

Capital Allocators is brought to you by Ten East, an investment platform for sophisticated investors to access private markets.

0:10.5

Ten East brings benefits of having your own family office without the cost and headaches of doing so.

0:16.8

It's founded and led by Michael LaFelle, former deputy executive managing member of Davidson Kempner.

0:24.2

Michael and his investment team offer members the opportunity to co-invest by offering at their

0:29.1

discretion. Michael and his team source, diligence, and commit material personal capital to each

0:35.3

investment. The opportunities shared on the Ten East platform

0:38.9

offer exposure to private credit, real estate, niche venture and private equity, and other

0:44.5

idiosyncratic investments that typically aren't available through traditional channels.

0:49.2

The principles have over a decade track record of investing in these types of exposures

0:53.5

across more than 350

0:55.7

transactions. Post-investment, the Tennis team conducts ongoing monitoring and reporting,

1:01.8

just as you'd expect from an institutional investment organization. I've known Michael for about a

1:07.0

decade, and after becoming impressed by the quality of 10 East offerings, its research

1:11.6

process, and high-quality investment team, I became an advisor to the organization, an investor

1:17.1

in multiple offerings. You can learn more and join me as a member at 10east.com. That's the number 10,

1:25.4

east.co.

1:30.9

My That's the number 10, east. C.O. My special thanks go out to Wellington Management for sponsoring this mini-series, Sustainable

1:36.8

Investing, The Next Frontier.

1:39.5

Wellington Management serves as an asset manager and trusted advisor to clients

1:44.0

representing more than

1:45.1

$1 trillion in assets worldwide. Wellington has explored long-term sustainability issues

1:51.7

since the 1970s and continues this practice today through internal research, engagement, and

...

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