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Wednesday, January 20, 2021|
A Midwestern Firm's ESG Arm Gains an Impact Chief
The team at a midwestern investment firm has given one of their own leadership over global sustainability at their ESG arm.
Murphy, also based near Leawood, tells MFWire, "Sustainability has become a driving economic and societal force that we believe will power growth and innovation for decades to come."
Murphy worked at Tortoise Capital Advisors from 2015 to 2020, and stayed on when it rebranded as TortoiseEcofin last October after it bought Ecofin in 2018.
"It is exciting to work with colleagues, investors and investments that recognize and embrace the opportunities presented by these changes," he adds. "Ecofin's investments are important and impactful and I am excited to be telling the story in real time."
Murphy's role serves as a link between Ecofin and its parent, TortoiseEcofin. He works closely with Brent Newcomb, president of Ecofin, guiding the firm on impact principles and working to tailor those principles to clients' needs.
Newcomb states, "Our primary goal at Ecofin is to provide strong risk-adjusted returns for our clients while, secondly, tackling some of the planetís biggest challenges by investing in companies earning solid returns and doing business in ethical and responsible ways."
He notes, "Greg has a passion for understanding the impact our investments are making on the world. Investors are demanding greater precision out of their holdings in sustainability and ESG, and Greg is exceptionally suited for this position."
Murphy was with Fountain Capital Management, a founding sponsor of Ecofin, from 2000 to 2015. Prior to that, he was a manager at Lukens Consulting Group for a year, and he also worked at Integrated Orthopaedics and Price Waterhouse. Murphy is an alumnus of Trinity University and the University of Kansas Graduate School of Business.
Printed from: MFWire.com/story.asp?s=62405
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