Vedder Price Represents RadiantESG Global Investors in Minority Investment by HSBC Asset Management
Vedder Price is pleased to announce that it represented RadiantESG, a women-owned ESG and diversity and inclusion (D&I) focused advisory firm, in connection with the acquisition of a minority interest in the company by HSBC Asset Management.
With the investment by HSBC Asset Management, RadiantESG will become RadiantESG Global Investors, a female-owned, independent asset management firm focused on next generation ESG investment opportunities for institutional and wealth management clients worldwide. RadiantESG Global Investors intends to launch the next phase of their growth later this year, with two investment strategies anchored on its proprietary ‘Positive Change’ concept of ESG, which captures ESG Leaders, ESG Evolvers and UNSDG-aligned companies. The firm’s co-founders, Heidi Ridley and Kathryn McDonald, will retain majority ownership under the terms of the investment. Additionally, they will also have independence and autonomy in executing RadiantESG’s ambition to pave the way toward a brighter future through embracing ESG, diversity and inclusion as integral to building a successful investment practice.
“Our team is very pleased to have assisted RadiantESG in this matter,” commented Joe Mannon, Chair of Vedder Price’s Private Fund Formation group. “Heidi and Kathryn have created a unique firm with a strong cultural foundation built on a sophisticated approach to ESG, an innovative mindset and a client-first focus. We look forward to the continued growth opportunities, distinctive products and strong global market presence that this investment by HSBC Asset Management will make possible for RadiantESG.”
Mr. Mannon and fellow shareholder Shelby E. Parnes led the team representing RadiantESG in the deal, supported by team members Matthew P. Larvick and Zachary K. Iacovino.
Vedder Thinking | News Vedder Price Represents RadiantESG Global Investors in Minority Investment by HSBC Asset Management
Press Release
July 1, 2021
Vedder Price is pleased to announce that it represented RadiantESG, a women-owned ESG and diversity and inclusion (D&I) focused advisory firm, in connection with the acquisition of a minority interest in the company by HSBC Asset Management.
With the investment by HSBC Asset Management, RadiantESG will become RadiantESG Global Investors, a female-owned, independent asset management firm focused on next generation ESG investment opportunities for institutional and wealth management clients worldwide. RadiantESG Global Investors intends to launch the next phase of their growth later this year, with two investment strategies anchored on its proprietary ‘Positive Change’ concept of ESG, which captures ESG Leaders, ESG Evolvers and UNSDG-aligned companies. The firm’s co-founders, Heidi Ridley and Kathryn McDonald, will retain majority ownership under the terms of the investment. Additionally, they will also have independence and autonomy in executing RadiantESG’s ambition to pave the way toward a brighter future through embracing ESG, diversity and inclusion as integral to building a successful investment practice.
“Our team is very pleased to have assisted RadiantESG in this matter,” commented Joe Mannon, Chair of Vedder Price’s Private Fund Formation group. “Heidi and Kathryn have created a unique firm with a strong cultural foundation built on a sophisticated approach to ESG, an innovative mindset and a client-first focus. We look forward to the continued growth opportunities, distinctive products and strong global market presence that this investment by HSBC Asset Management will make possible for RadiantESG.”
Mr. Mannon and fellow shareholder Shelby E. Parnes led the team representing RadiantESG in the deal, supported by team members Matthew P. Larvick and Zachary K. Iacovino.
