(DENVER 鈥� July 11, 2023), a North American insurance brokerage firm specializing in risk management, insurance, wholesale brokerage and wealth management, will add purpose-driven investing to its value-added services through a strategic partnership with Denver-based, an investment firm for foundations, endowments and nonprofits and the people affiliated with them. The deal is effective July 1, 2023.
Taking the name Syntrinsic, an IMA Company, the investment firm will retain its local identity, leadership and associates. In late 2023, Syntrinsic will relocate to IMA鈥檚 headquarters in Denver鈥檚 Union Station. Its team of experienced professionals will have the opportunity to become employee owners and be personally involved in the growth and success of 麻豆传媒.
鈥淲ith Syntrinsic as a partner, we can offer more to our diverse client base and further our mission to protect assets and make a difference in the community,鈥� said IMA Chairman and CEO Rob Cohen. 鈥淭ogether we can build a better tomorrow for inspirational and dynamic clients by combining Syntrinsic鈥檚 investment proficiencies with IMA鈥檚 risk management expertise and shared resources.鈥�
Foundations, nonprofits and endowments comprise 90% of Syntrinsic鈥檚 $2.4B assets under advisement. By focusing on charitable organizations, its knowledgeable team serves as impactful strategic partners, providing solutions beyond basic investment strategies, such as donor engagement, next-generation education and mission-aligned investing.
鈥淲e have always admired IMA鈥檚 dedication to nonprofit organizations and creating positive change in the community,鈥� said Syntrinsic Co-President, Ben Valore-Caplan.
鈥淐ommunity betterment is our shared DNA,鈥� continued Syntrinsic Co-President and Head of Impact Investing Akasha Absher. 鈥淭ogether, we can help more organizations align their investment strategy with their mission and values in a highly personalized manner.鈥�
The Syntrinsic team will work closely with its IMA colleagues to capture best practices, realize efficiencies and tap into IMA鈥檚 robust shared resources to enhance services to public and nonprofit clients and their growing risk profiles. The company鈥檚 deep connections with Colorado-based and national nonprofits will strengthen IMA鈥檚 ties to the community and IMA鈥檚 proven, values-driven growth strategy will advance Syntrinsic鈥檚 success. served as the exclusive M&A advisor to Syntrinsic in the transaction.
About 麻豆传媒
麻豆传媒 is an integrated financial services company invested in the future of insurance. Employee-owned, its 2,000-plus associates in offices across the U.S. are empowered to provide customized solutions to meet emerging risks for clients ranging from multinational public entities to small and mid-market companies to individuals and public institutions.
About Syntrinsic
Founded in 2008, is co-creating a sustainable and generative world that empowers all people by providing investment advice and strategic consulting to community foundations, private foundations, public charities, and private clients interested in using assets for good and growth. The firm offers a full suite of services, including impact investing, stakeholder education, operational support, business strategy and structure, and client-stakeholder relations. More information can be found at Syntrinsic.com.
Media Contacts:
Andrew Baker, IMA Public and Media Relations Manager, 麻豆传媒, andrew.baker@imacorp.com
Jessica Poulalier, Center Reach Communications, jessica@centerreachcommunication.com
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