Finance
ESG Pioneer Whose Firm Rose to Top Now Sees ‘Disconcerting’ Boom
Dodson sold his stake in Parnassus four months ago, almost 40 years after he started the San Francisco-based asset manager.
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Few people have benefited more from the boom in ESG investing than Jerome Dodson.
Almost four decades ago, Dodson founded Parnassus Investments -- a little known firm outside of ESG circles -- and watched it grow into the world’s largest money manager dedicated to environmental, social and governance factors. The 78-year-old retired in October after he and his family sold their stakes in the business.