Asset Management

Al Gore’s investment firm returns to equities roots

$17bn sustainable investor opts against second credit fund

Former US vice-president Al Gore
Former US vice-president Al Gore Photo: Getty Images

Generation Investment Management, the $17bn firm founded by former US vice-president Al Gore and ex-Goldman Sachs Asset Management boss David Blood, is to refocus on equities seven years after expanding into credit.

Generation's decision casts doubt on the future of Mike Ramsay, a leveraged finance veteran who led the sustainable investor's move into credit in 2010.

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