Financial Services Veteran, Pamela Jacobs, Joins Spouting Rock Asset Management as Chief Sustainability Officer

Jacobs Brings More Than 30 Years of Industry Experience and Will Focus
on Impact Investing

BRYN MAWR, Pa.–(BUSINESS WIRE)–Spouting
Rock Asset Management
today announced that industry veteran Pamela
Jacobs has joined the firm as its first Chief Sustainability Officer. In
this new role, she’ll work with the firm’s management and investment
teams to assess the Impact and ESG* landscape and determine
the best way to integrate these into the firm’s investment strategy,
culture and philosophy.

“With the growing importance of sustainable investing across multiple
generations and the entire client spectrum, identifying the right way to
integrate that within our culture and DNA is absolutely paramount, and I
can’t think of a better person to lead that effort than Pamela,” said
Blakely Page, President and founder of Spouting Rock. “She’s a pioneer
within the industry and has evolved over time as a business builder,
innovator and advocate for change. Her focus on identifying new ways to
improve the investing experience for institutional, retail and family
office clients is something we’ll benefit greatly from, and we couldn’t
be more excited to have her join the team and lead us in this important
area.”

Jacobs has worked in the financial services industry in a variety of
senior roles over the last three decades. Most recently, she co-led
Envestnet’s impact investing business where she focused on product
development, financial advisor education and the development of
strategic industry partnerships. Her efforts helped grow Envestnet’s
impact platform to more than $18 billion in AUM across family offices,
advisors and foundations. Prior to that, she founded and led a
consulting firm dedicated to strategic planning, growth strategies,
product development, implementation and distribution for the
wealth-management market. Earlier in her career she also served in roles
at SEI Investments, Fidelity Investments and Thomson Reuters.

“I’m thrilled to be joining such a passionate and talented team of
professionals,” said Jacobs. “As with analyzing potential impact
opportunities, when searching for my own role I focused heavily on
finding a culture that was forward-looking, fearless and committed to
making a positive change that can benefit employees, investors and
communities. At its core, impact investing must be a pillar of a
company’s DNA and culture, and the parallel between that philosophy and
the environment at Spouting Rock was something I was truly drawn to.”

Adding a seasoned leader such as Jacobs to the team is a way to grow
Spouting Rock’s commitment to the impact space. Said Jacobs, “We believe
sustainability analysis makes us better investors and partners to our
clients. Sustainable business practices can potentially uncover new
revenue streams, reduce risk, power innovation and lead to better
business models. At Spouting Rock, we seek to integrate impact factors
into our discipline, which helps guide our strategic investment
decisions by providing us with differentiated insight, through a
non-financial metric, into the quality of a business and its management
team.”

Spouting Rock Asset Management launched last year and offers a series of
actively managed, niche allocation strategies that seek to capitalize on
market inefficiencies. This product suite includes strategies focused on
small-cap equities, absolute return, alternative income and hedge fund
of funds. For more information on Spouting Rock Asset Management, visit http://spoutingrock.us/.

*Environmental, social and governance (ESG) criteria is a
group of standards used by socially conscious investors to screen
investments.

Contacts

Lisa Boyce
Water & Wall Group
646.343.9673
lisa@w.group

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