Elizabeth Levy Title: Senior Vice President, Portfolio Manager Years with present firm: 7 Years in financial services: 15 Investment/asset class focus: Impact Investing
Asset Management Firm: Trillium Asset Management Firm’s headquarters: Boston Year firm was founded: 1982 Number of employees and/or partners: 47 employees, 7 partners Assets under management/advisement as of Dec. 31, 2018: $2.52 Billion
Trillium Asset Management is more than a strong asset manager. It’s also a vocal and active advocate for socially responsible behavior in the companies included in its portfolios — and it’s been one for decades.
Back in 1982, Joan Bavaria started Trillium to “integrate information such as environmental and social concerns into portfolio decisions for her clients,” says Portfolio Manager Elizbeth Levy. This year, these efforts culminated in Trillium’s All Cap Core Strategy winning the Asset Manager Award for impact investing.
In 2018, the strategy “was able to keep up with markets for the first three quarters of the year and handle the volatile markets experiences in the fourth quarter by notably protecting on the downside,” according to Envestnet analysts. It also outperformed the Russell 3000 index by roughly 3%, putting it in the top third of its peers for the year.
What makes Trillium successful is “how well we all work together,” explains Levy. The firm is owned by employees with a year or more of service.