Monday, December 4, 2023

Inclusive Capital Partners to Shutter


Bloomberg
reported Inclusive Capital Partners is closing shop, selling assets and returning money to investors.  

Lynn Forester de Rothschild and Jeffrey Ubben co-founded Inclusive Capital Partners in 2020 alongside George F. Hamel, Jr. and Eva Zlotnicka.  

In addition to launching Inclusive Capital Partners, Ubben is also launching the Inclusive Capital Partners Foundation which will be dedicated to executing mission-driven philanthropy, focused on advancing economic, social, and environmental inclusion. 
In 2022 the firm described itself with:

Inclusive Capital Partners, L.P. ("In-Cap") is an SEC-registered Investment Adviser based in San Francisco, California. In-Cap seeks to positively leverage capitalism and governance in pursuit of a healthy planet and the well-being of its inhabitants. In-Cap seeks superior long-term shareholder value through active partnerships with companies whose core businesses either contribute to this pursuit or who are transforming their businesses to become more sustainable.
Times are tough for the greed and leverage boys (and girls).  It's bad when you can't make it with a Rothschild on board.