Institutional Investor looks at Socially Responsible Investing:
Pierre Lagrange, co-founder of $22 billion hedge fund firm GLG Partners, cares about sustainability, but not in a way that would make anybody confuse him with a tree-hugging hippie (despite his shoulder-length locks). In his mind, the most important aspect of problems like greenhouse gases, disappearing natural resources and rising global temperatures is not that they could spell the end of life on earth as we know it. It’s that they present an incomparable investment opportunity. As Lagrange, who owns a Harley-Davidson, told the United Nations’ General Assembly two years ago when he participated in an informal meeting on investments and climate change, “The environment will be as big as the Internet in its impact on companies and consumer behavior.”