Andrew Siwo is an Adjunct Assistant Professor of Public Service at the Robert F. Wagner Graduate School of Public Service.
Siwo is the Director of Sustainable Investments and Climate Solutions (SICS) at the New York State Common Retirement Fund and reports to the Chief Investment Officer. He is charged with providing leadership and oversight on sustainable investment efforts across the Fund’s $270 billion portfolio and is the portfolio manager for the Fund’s $20 billion commitment to SICS.
Previously, Siwo was an Investment Director and served as the Head of Mission-Related Investments (MRIs) at Crewcial Partners, an investment consultancy to over 150 leading foundations and endowments with an aggregate of $40 billion in assets under advisement.
At Crewcial Partners, Siwo led the creation of client portfolios targeting MRIs, developed the firm’s MRI (SRI, ESG, impact) framework, as well led sourcing, investment research, and due diligence across asset classes for related investment strategies.
Prior to joining Crewcial Partners, Siwo was a manager at the Global Impact Investing Networking (GIIN). In his capacity there, he was responsible for the operation, sourcing, and development of ImpactBase, the largest platform of impact investment funds globally, which he grew by more than $10 billion and validated over 100 impact funds. He also educated and fostered institutional investors seeking exposure to socially/environmentally responsible investment portfolios.
Prior to joining the GIIN, Siwo spent five years in the investment banking division at JP Morgan—most recently in the Global Special Opportunities Group, a $3 billion proprietary portfolio of principal investments in private equity, debt, mezzanine, infrastructure, and real estate. He also held roles on the Rates Desk, tasked with executing fixed-income financing transactions as well as the Securitized Products Group valuing collateralized mortgage obligations.
Before JP Morgan, Siwo was a member of the Corporate Finance and Real Estate Strategy Group at Victoria's Secret responsible for leading project finance initiatives. He began his career at E*Trade Financial, managing a team of investment representatives serving active traders and high net-worth investors. He has written investment articles that have been printed in various industry publications.
Siwo completed an MPA in Finance and Fiscal Policy at Cornell University and holds a BA in Accounting from Morehouse College. He has held FINRA Series 7, 63, and 24 licenses. Siwo also serves on the Board of New York Professional Advisors to Community Entrepreneurs (NYPACE). He was selected into the 2020 Class of Crain’s New York Business “40 under 40.”
The most common Mission-Related Investment (MRI) approaches include socially responsible investing (SRI), and environmental, social, and governance (ESG). While private investments generally account for 20% of an institutional investment portfolio, public investments can represent more than 75%. Unlike impact investments, which primarily target private investments that intend to generate positive social/environmental benefits alongside a financial return through mostly venture capital and private equity investment vehicles, this course explores how endowments, foundations, pension firms, and other organizations can invest in public investments using environmental, social, governance (ESG) selection criteria. This style of investing has captured the attention of asset owners (investors), asset managers (fund managers), and service providers (consultants) globally and is one of the fastest growing areas of finance.
This course will also broadly cover the relationships among the main MRI approaches. The application of ESG factors to investment selection is no longer in its infancy. It is a distinct career specialization for finance professionals requiring both traditional investment acumen and awareness of complexities and nuances necessary to gain a diverse skill needed to effectively engage stakeholders—such as policymakers, millennials, and the generations to come—that will shape the future.