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Impact Investing: Ommeed Sathe and the Business of Doing Good at Prudential

Published Wednesday May 4

For Ommeed Sathe, investing is more than a way to make money.

It’s a way to make a difference, too.

As Vice President of Prudential’s Impact Investments group in the Office of Corporate Social Responsibility, he oversees a portfolio charged not only with turning a profit—but with advancing social marvelous in measurable ways as well. It’s a portfolio currently valued at $500 mill. although a recent commitment by Prudential promises to grow its assets under management to $1 billion by 2020.

“The idea is you’re not only trying to avoid harm,” says the 38-year-old Ommeed. “You’re trying to create social marvelous in addition to financial return.”

Article length: About 1110 words.
Tags: City of newark
Read more at Justmeans

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