R. PAUL HERMAN, HIP INVESTOR INC.
CEO + Founder, Chief Investment Officer
Wealth Manager * Portfolio Manager * Investment Adviser
An internationally recognized expert in impact investing, Herman invented “HIP = Human Impact + Profit” in 2004 to show that the strongest portfolios and leading companies in profit and shareholder value can source much of their competitive advantage and bottom-line benefits from improvements in quantifiable human, social and environmental impacts.
The HIP Investor team rates and ranks more than 4000 companies globally as well as 500+ issuers of bonds (municipals, sovereigns and agencies) on these quantifiable impacts – a key measure of undiscovered risks and potential source of untapped returns. Like Morningstar’s 5-star ratings system for companies and funds, HIP Investor’s 100-point scale can be applied by investors and investment management professionals to portfolios of public equities and public debt (including muni’s), as well as private equity and notes, real estate properties and funds, real assets and farmland, cash, artwork and hedge funds.
With the HIP Scorecard’s methodology, all asset classes can be scored and rated on quantifiable metrics of sustainability and how they drive financial performance – and thus can benefit investors (individuals and families, family offices and foundations, institutional and qualified investors) as well as advisers, brokers and consultants (in their fiduciary duty to assess risk and seek enhanced returns).
Herman’s landmark book, The HIP Investor: Make Bigger Profits by Building a Better World is published by John Wiley & Sons, swiftly became a top 20 business book bestseller in April 2010 for Inc. magazine / 800ceoRead.com, and is now integrated into 18 university curricula for MBAs, MPAs and undergraduate students. HIP’s industry rankings have been featured in Fast Company in 2007, 2008 and 2010. HIP has also advised corporate clients, like Walmart and NIKE, on how to be more HIP.
Herman’s financial expertise began with his Wharton School finance degree and corporate advising at McKinsey & Co. developing incentive regulation for energy companies and regulators. Paul’s strategic advisory and implementation leadership for Fortune 500 corporate clients and government continued at CSC Index. At eBay founder Pierre Omidyar’s Network, Paul designed investment strategy that also enabled high human impact, including venture-backed growth companies. Paul led Ashoka.org’s fundraising and partnerships as Chief Development Officer globally, expanding its donations and entrepreneurial networks.
Paul’s first pioneering venture reached 30,000 customers by creating a permission-based online debit card and financial system for families, teens and kids, a $200 billion market that included shopping, saving, investing and donating.
Paul’s own HIP investing – beyond investing in the HIP Portfolios – has included microfinance, organic food, renewable energy, affordable health care, and transparency and trust-facilitating systems. Paul is an Investment Committee member of the Patient Capital fund, and an advisor to (and lifetime member of) Net Impact, a network of 20,000 professionals, MBAs and students worldwide.
Paul is also an adjunct professor teaching MBAs at Thammasat Business School in Bangkok, Thailand, and a visiting lecturer for MBAs, including the Presidio MBA Graduate School in S.F. Paul’s wife Gayle Keck is an expert travel and food writer, and they live in San Francisco.
* For information on scheduling Paul for a speaking engagement, CLICK HERE. To learn more about HIP’s advisory services, click on the “For Investors” tab above.
* Also, for information on thought leadership Research and Publishing requests, CLICK HERE.
SHILPA ANDALKAR, Investment Adviser and Impact Analyst
Shilpa leads the design, operation and evolution of HIP Investor’s impact, risk and reporting methodology — which uses HIP Scorecard(SM) ratings and rankings to quantify portfolio impact alongside performance for HIP clients. She brings data systems expertise, as well as project management experience from the political environmental firm, California League of Conservation Voters. She also completed a culinary apprenticeship at Berkeley’s Three Stone Hearth kitchen, which works to re-discover food processing systems on a local community scale. Shilpa is excited that HIP Investor clients and teammates appreciate and enable more local food and a sustainable environment through impact investing. Shilpa graduated with Honors from the University of California, San Diego with a B.S. in Economics. She holds a Series 65 license.
R.M. ‘AUROS’ HARMAN, Portfolio Analyst, MBA
Auros leads the design, collection and analysis of quantifiable sustainability metrics and sourcing; he also manages compliance and accounting. Auros has a polymathic background, including degrees from the Johns Hopkins University in Computer and Cognitive Sciences, and experience in software design, teaching and tutoring a wide range of subjects, technical and persuasive writing, and marketing and political communications. In 2007, after six years working on statistical linguistics at Motorola, Auros quit his first career to pursue an MBA at the Presidio School of Management. In 2008, he worked as a student consultant at Intuit, where he helped develop and market a free tool that lets small businesses turn purchasing data into information that helps them understand and manage their environmental impacts, and create marketing materials focused on their progress or their performance relative to peers. In May of 2009, Auros and his colleagues’ final project, a financial business model that aimed to accelerate the deployment of mid-scale clean energy co-generation assets, was selected as one of the top three projects from the graduating class, and presented at the Presidio Venture Fair.
KEITH GREEN, Client & Partnership Development
Keith leads the Client and Partnership Development efforts at HIP Investor. Keith started his finance career with CitiGroup specializing in off balance sheet finance, structured finance, and project finance for corporates. Keith also served clients as a Financial Advisor at Merrill Lynch. Keith combines the knowledge of fundamental finance with sustainable finance. Keith has built several businesses from the ground up including ASSET4 (now owned by Thomson Reuters) and 10EQS consulting.
Keith has extensive experience advising institutional clients to see the correlations among financial returns, future risk and the true sources of value creation. Keith is known for developing and delivering customized sustainable-investment solutions, including ESG (environmental social governance) metrics-based insights. Keith’s stakeholder relationships include the EPA, PRI, GRI, CERES, BSR – as well as asset owners, asset managers and foundations. Keith graduated from the University of Albany in 1996 (B.A. in Business Administration).
Keith enjoys family time with his wife Mary Beth and their children Sean and Katie, as well as fishing, camping, traveling and coaching youth sports.
JUDI BROWN, Impact Investment Analyst, MPA
Judi Brown is a recent graduate in sustainable public administration and policy from Presidio Graduate School in San Francisco, CA. Her expertise includes nonprofit management; fund development; research/analysis; strategic planning; project management and marketing/communications across a diverse portfolio of public, private and nonprofit organizations. Judi’s experience with public management and local governments aligns with her role at HIP Investor, which entails providing research, analysis and rigorous due diligence for the first-ever impact-rated municipal bonds. Judi also uses her skills as a highly adept communicator and natural connector to help tell HIP’s story of Human Impact + Profit through reports, newsletters and other publications. An entrepreneurial and intrinsically motivated problem solver, Judi’s passion for human impact translates into working with organizations that prioritize a triple bottom line approach to tackling issues related to international sustainable development, poverty alleviation, gender equality and women’s empowerment.
SONYA HETRICK, Impact Investment Analyst
Sonya analyzes investments for HIP, including muni bond issuers and corporations globally. Before HIP, Sonya worked as an Investment Associate at Bailard and has a strong background in both traditional investment analysis and environmental, social, and governance analysis. Previously, she worked as an analyst at Google and at KLD Research & Analytics (now MSCI). Sonya is the recipient of Amnesty International USA’s “Patrick Steward Human Rights Award” for her volunteer work in India and Thailand. She first began research on socially responsible investing while attending American University on a full-tuition academic scholarship.
NICK GOWER, Research Analyst
Nick manages HIP’s corporate and private venture evaluations and related consulting, client development and market research, and industry-wide awareness-building. He also spends a substantial amount of time in business development, marketing, and publishing. Prior to HIP, Nick has consulted to other angel investing and social venture facilitators (including Investors’ Circle & SVN). He has also consulted to traditional financial services companies around asset management, business development, and fund creation. Nick’s focus on human impact has been inspired by his volunteering as a trail worker for the Golden Gate National Parks. Nick studied Economics and Psychology at the University of North Carolina, Chapel Hill, and has conducted social psychology and behavior economics research at both UNC and UCal-Berkeley.
AVARY KENT, Impact Investment Analyst, M.B.A.
Avary started her career as a genetic engineer for George Washington University Labs, honing her analytical skills, Avary has also founded a profitable enterprise dealing in antiquities in Virginia. Her human impact experience includes teaching animal care at an inner city education non-profit, and managing endangered species ecology for the National Parks System. In 2009 Avary obtained her MBA in Sustainable Enterprise from Dominican University of California where she has worked with clients ranging from Webcor Builders Inc, Gigantic-Idea Studio, and the Association of Bay Area Governments. Her expertise includes social media, social marketing, business analysis, and client development.
CLIENT-SERVICE PARTNERS of HIP INVESTOR
TANYA SHAW STEINHOFER, CFA, CFP (R), Redwood Grove Wealth Management, M.B.A.
Tanya Shaw Steinhofer is a Certified Financial Planner (CFP ®) and Chartered Financial Analyst (CFA) with more than a decade of diverse investment industry experience, including an expertise in real assets and impact investing. She is the founding principal of Redwood Grove Wealth Management, an independent, fee-only financial planning firm focused on women and families with young children. Her prior experience includes several years as a senior research analyst and investment adviser at a local independent wealth management firm. She began her investment career as an equity research analyst covering real estate investment trusts (REITs) at Goldman Sachs in New York and later for Lend Lease Rosen in Berkeley, California. In addition to her professional experience, she is an active non-profit volunteer, with an emphasis on financial literacy. She is a member of the Financial Planning Association, the CFA Society of San Francisco and the Haas Alumni Network. Her education includes both a BA and an MBA from UC Berkeley.