Impact Investing: $8B Across Six Asset Classes — Nick Flores, Managing Director at Caprock

Nick Flores unpacks how Caprock helps 299 families invest $8B with impact intentionality, select top fund managers, and prove that purpose-driven portfolios don’t mean below-market returns.⭐ My guest today is Nick Flores, Managing Director at Caprock, a multi-family office and founding B Corporation with $8B of assets under advisement and a rigorous approach to impact investing.In addition, Nick is the former:- Director of Investment & Entrepreneur Services for Investors’ Circle- Manager of the Capital Access Program at Green for All🎙️ In this episode, we talked about:- Their work helping 299 families invest $8B across six asset classes- How they select fund managers to invest in- His origins outside of the world of wealth and how that affects his investment outlook- What impact intentionality means- The misconception that impact investing means below-market returns- What a theory of change is all about- The biggest gaps in impact investment fund managers across asset classes- Advice he would give his younger self- His love of stoicism- Tools he uses to speed up his typing- Recommended books- And lots more🙏Hope you enjoy it!📣And please give Nick and Caprock a shout-out on LinkedIn, Slack, or Twitter by sharing this podcast with your people.--👍 Please leave a review or rating on your favorite podcast player. This is the #1 way that more listeners can discover the amazing climate CEOs and investors I get to interview here.--🌎 Entrepreneurs for Impact is on a mission to help climate innovators grow faster with new investment capital, share best practices among peers, expand their networks, and reach their full potential.Here's our weekly newsletter — A 3-minute summary of climate tech startups, better habits, and deep work trends: https://entrepreneursforimpact.substack.comOur main program is a Climate CEO Mastermind peer group community: https://entrepreneursforimpact.comOur invite-only cohorts of 12 executives catalyze personal development and business growth via monthly meetings, annual retreats, and 1:1 coaching and strategy calls. Today’s highly curated Mastermind members represent over $8B in market cap or assets under management.Programs are led by Dr. Chris Wedding — 4x founder, $1B of investment experience, and Duke University and UNC-Chapel Hill professor, with 70,000+ professional students taught, 25 years of meditation, an obsession with constant improvement, and far too many mistakes to keep to himself.