New York-based financial services firm Cornerstone Capital has hired Michael Geraghty as a global markets strategist. The appointment is effective immediately. Previously, Geraghty worked at Citi Investment Research and UBS.
New York, NY (PRWEB) March 07, 2014
Cornerstone Capital Inc. announced today the recruitment of Michael Geraghty, formerly with Citi Investment Research and UBS Investment Bank, effective immediately. In his new role, Michael will serve as Global Markets Strategist.
“We’re delighted to have Michael on board and are excited to capitalize on his extensive experience as a global investment strategist,” said Erika Karp, Founder and CEO of Cornerstone Capital.
Michael Geraghty has over three decades of experience in the financial services industry. Prior to joining Cornerstone Capital he spent nine years at Citi Investment Research & Analysis, most recently as the global thematics strategist. Prior to that Michael spent 16 years at UBS, where he was an Executive Director and senior member of the global equity strategy team responsible for regional and sector allocations.
“I am thrilled to be working with Erika once again and with the unique set of professionals already on the staff at Cornerstone Capital Group” said Mr. Geraghty. “I am very excited about the prospect of helping address the most pressing issues of our time through an investment perspective.”
Mr. Geraghty, who will based in New York City, holds a Master’s degree in Economics, and a Master’s of Business Administration in Finance from Columbia University.
Looking to the future, Cornerstone Capital Group believes that the global macroeconomic imperatives of our day demand the investment power of the private sector. Investing with a systematic analysis of these environmental, social and governance issues is essential to properly understand risk-adjusted returns. This investment discipline will become further institutionalized and accelerated as companies and the analysts who follow them become increasingly focused on complex, business-defining challenges.
“Being mindful investors, without compromising on our expected financial results, will open new doors for Cornerstone Capital, enabling us to develop new business and reach our growth targets as a company. We’re eager to seize the opportunities ahead,” said Erika Karp.
About Cornerstone Capital
Founded in 2013, Cornerstone Capital Inc. is a New York based financial services firm offering investment banking, strategic consulting and, in the near future, investment management capabilities. The mission of the firm is to bring the discipline of sustainable finance to the mainstream of the capital markets. With the systematic analysis of environmental, social and governance factors in the investment process, the Cornerstone Capital Group advises both investors and corporations on optimizing their financial and business decision-making processes. Cornerstone’s Board of Directors, Global Advisory Council and Staff partner with organizations including the World Economic Forum, the Clinton Global Initiative, the Sustainability Accounting Standards Board, and the Principles for Responsible Investment to work towards collaboration and transparency in the global capital markets.
We believe Cornerstone Capital, with our expertise and institutional heritage, truly open architecture investment platform, and objective, unconstrained consulting model is uniquely positioned to respond to this fast-growing market segment,” she added.