ESG specialist MainStreet Partners adds MD and Research Director
MainStreet Partners, a London based specialist in Investment Advisory and Portfolio Analytics in Sustainable, ESG and Impact Investments, has appointed Simone Gallo as Managing Director and Neill Blanks as Research Director.
Co-Founded in 2008 by Rodolfo Fracassi, a former Executive Director at Goldman Sachs Asset Management, MainStreet Partners is based in London and regulated by the Financial Conduct Authority. It consists of two main divisions:
Investment Advisory – which has USD1bn under advisory and offers bespoke investment solutions for creating ESG multi-asset and multi-manager portfolios with mutual funds, single stocks and bonds using traditional or absolute return benchmarks. The company develops products with its partners which target United Nations Sustainable Development Goals or thematic investments.
Portfolio Analytics – which provides a holistic approach to ESG analysis through several solutions such as: transparent and detailed Fund Sustainability Ratings (USD14 billionn), assessment of clients’ portfolios to enhance their ESG profile and align them with the “green” regulations.
Gallo says: “I am excited to be part of a team which has become over the years the trusted ESG partner of top tier investors. The ability to provide an independent “one stop shop” for investors’ sustainability requirements at portfolio level is needed today more than ever. Our Portfolio Analytics clients through our collaboration gain enhanced transparency on the sustainability of their portfolios, from unique Fund Sustainability ratings to alignment to UN SDGs, EU Taxonomy and impact metrics. We believe that our experience and holistic ESG approach places us in a unique position within the financial industry.”
Fracassi says: “MainStreet Partners was founded 12 years ago with a bold ambition - to achieve consistent financial returns while improving people’s lives and protecting our planet. Finally, after many years the concept of Sustainability has moved at the centre stage of investors’ agendas. As a result, we have expanded our team to service in the best way our partners which are some of the most sophisticated and leading financial organisations in the industry. We are delighted that Simone and Neill decided to join our team, since they bring a wealth of experience, complementary skills and are going to develop our Portfolio Analytics division at a time when the financial industry is undergoing a huge transformation to widely adopt ESG best practices.”
Gallo brings almost 20 years’ experience to business development roles with leading asset managers working with European, Asian and US, having covered senior clients. He joins the London based ESG specialist from Swiss asset manager, Unigestion, where he was Head of Global Intermediary distribution for four years. From 2010, Simone worked for Pictet Asset Management as Senior Vice President in the Global Clients Group. Prior to this, he held various roles at Goldman Sachs Asset Management, including Co-Head of the International Marketing team and Head of the Global Partners team in charge of sales relationships across global accounts in EMEA. He started his career as a junior Portfolio Manager at Schroders Investment Management. Gallo holds the CFA Certificate in ESG Investing, IAC and IMC.
Blanks also brings over 20 years’ experience in the asset management industry including the last four years in a senior leadership role at RM Caldecott & Partners LLP, an independent investment firm. He previously was Partner and Portfolio Manager in the wealth management division of Dalton Strategic Partnership LLP where he was responsible for global asset allocation and third party fund managers selection, acting as the Co-Manager of their company flagship multi-asset multi-manager fund, and responsible for managing discretionary segregated portfolios for private clients. Blanks started his career as an Equity Research Specialist at Schroder Investment Management and is a CFA Charterholder.