Private and Confidential100 Women in Hedge Funds June 2009

Michael Lent, CIO

Veris Wealth Partners

Sustainability. What do we mean?

Sustainability focuses on meeting the needs of the present without compromising the ability of future generations to meet their social, economic and environmental needs.

Sustainability issues are critical to a company’s ability to generate returns. When investing in companies these issues must be fully integrated into fundamental equity analysis

Sustainability IssuesGlobal Transition: Abundance to scarcityNatural resource preservationClimate changeHealth & WellbeingHuman Capital, Empowerment &

CreativityPandemics: HIV/AIDSPoverty/Development needsWater & EnergyCorporate governanceDemography/Urbanization

Socially Responsible Investing in the United States $2.7 Trillion in 2007

Source: Social Investment Forum Foundation

Individual Separate Accounts in 2007•High Net Worth Individuals: $39 Billion

•Institutional Investors: $1.88 Trillion

Institutions 360 institutions / $14 trillion in assets

Increasing role of consultants

Integration of ESG into RFPs

UN PRI Signatories by Region

UN PRI formed in 2005 and consists of the world’s largest institutional investors

joining together to develop principles for responsible investment

Solutions to Sustainable Investing

SRI/Sustainable Managers: Long-term investment view integrating sustainability research within a rigorous fundamental equity analysis framework aiming for superior investment results  

Traditional Managers with customized overlay screens: SRI Strict and SRI Best in Class

Impact & Community Investing: Micro-finance, community loan funds & notes, social equity funds and venture philanthropy focused on social enterprises and community development creating positive sustainable solutions to society’s most intractable problems in the U.S. and globally

Solutions to Sustainable Investing

Sustainable Alternatives: Private equity, venture capital, real estate and hedge funds focused on sustainable business development including:  Climate Change, Green & Responsible Real Estate, Clean Technology, Health & Wellbeing and New Lifestyle businesses

Shareholder Advocacy: Promoting corporate responsibility through the proxy voting process, by initiating shareholder resolutions, encouraging shareholders to vote their proxies responsibly and shareholder dialogue and engagement

Sustainability Investing Performance

Source: Sustainable Asset Management

SUSTAINABILITY CAN OUTPERFORMCumulative Outperformance in %Source: SAM

The results do not represent returns of an actual portfolio. Results are shown gross of fees. Results would be reduced by application of fees and expenses incurred in the management of an account.

• TERMINOLOGY• Outperformance (p.a. in %) refers to the average annualized outperformance of a given portfolio relative to the overall sample• of companies (Portfolios 1, 2, 3, 4, and 5).• Tracking Error (in %) refers to how closely a portfolio follows the wider sample to which it is benchmarked, as measured by the standard• deviation of the relative stock returns.• Information Ratio = outperformance/tracking error. This is basically a measure of risk-adjusted returns.• T-Stat in this context is a measure of statistical significance

Sustainability Leaders

Sustainability Laggards

Out Performance (p.a. in %):

1.48 -1.41

Tracking Error (in %):

2.93 3.08

Information Ratio:

0.50 -0.46

T-Stat: 1.29 -1.17

Resource Page

Social Investment Forum: www.socialinvest.org

KLD Research and Analytics, LLC: www.kld.com

SRI Studies: www.sristudies.

Sustainable Asset Management: www.sam-group.com

Global Impact Investing Network: www.globalimpactinvestingnetwork.org

Important Consumer Disclosure

This presentation contains general information that is not suitable for everyone. Past performance is no guarantee of future results. There is no guarantee that the views and opinions expressed in this presentation will come to pass. Investing in the stock market involves gains and losses and may not be suitable for all investors. Information presented herein is subject to change without notice and should not be considered as a solicitation to buy or sell any security.

Veris Wealth Partners, LLC (“Veris”) is an SEC registered investment adviser with its principal place of business in the State of New York. Veris and its representatives are in compliance with the current registration requirements imposed upon registered investment advisers by those states in which Veris maintains clients. Veris may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. This presentation is limited to the dissemination of general information pertaining to its investment advisory/management services. Any subsequent, direct communication by Veris with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. For information pertaining to the registration status of Veris, please contact Veris or refer to the Investment Adviser Public Disclosure web site (www.adviserinfo.sec.gov).

For additional information about Veris, including fees and services, send for our disclosure statement as set forth on Form ADV from Veris using the contact information herein. Please read the disclosure statement carefully before you invest or send money.