Each year, the Rockefeller Brothers Fund is required by law to distribute 5% of its endowment for charitable purposes. Over the past decade, we have been working to align the rest of our portfolio with our mission of creating a more just, sustainable, and peaceful world. During this period, the Fund’s efforts to implement mission-aligned investing policies have evolved and deepened, and the Fund has implemented a series of steps over a multiyear timeframe.

The Fund’s Mission-Aligned Investment Efforts statement details our selection of market-grade impact investments that advance our mission and program initiatives, as well as the larger strategy of mission-aligned investments, whereby we seek full alignment between our portfolio and the Fund’s mission. This mission-aligned investment lens includes divesting from fossil fuels, investing using environmental, social, and governance (ESG) criteria, and leveraging our role as a shareholder in strategic ways to advance our mission.

ESG Investments

Fund Name Commitment Date Amount Invested Asset Class Geographic Focus
Generation IM Global Equity Fund March 2014 $70,069,913 Global Equity Developed Markets
DFA International Sustainability Core March 2014 $21,534,957 Global Equity Developed Markets except U.S.
Agility Global Equity Impact Fund January 2016 $100,000,000 Global Equity Global
Ownership Capital Global Equity (USD) Fund March 2017 $40,000,000 Global Equity Global

ESG Investment Total: $231,604,870

Impact Investments

Fund Name Initial Commitment Date Amount Committed Asset Class Geographic Focus Description Mission Alignment
Generation Climate Solutions Fund II October 2014 $15,000,000 Private Capital Developed Markets Enhanced resource productivity / reduced pollution, waste, and emissions Sustainable Development
Turner Multifamily Impact Fund April 2015 $20,000,000 Real Assets United States Workforce housing Broad mission / projected exposure to New York City
Elevar Equity III June 2015 $12,500,000 Private Assets India and Latin America Services for disconnected communities Broad mission
Sustainable Asset Fund (Vision Ridge) August 2015 $20,000,000 Real Assets United States Resource optimization across water, agriculture, renewable energy, energy efficiency, and transportation Sustainable Development
New Energy Capital Infrastructure Credit Fund February 2016 $20,000,000 Real Assets United States Renewable energy development Sustainable Development
Mainstream Renewable Power July 2016 $12,500,000 Private Capital Africa Expanding renewable power supplies across Africa Sustainable Development

Impact Investment Total: $100,000,000

Mission-Aligned Investment Efforts (.pdf)

Information last updated April 2017