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Essex Investment Management Increases Stake in Stem, Inc.

 
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Essex Investment Management Co. LLC has recently disclosed with the Securities and Exchange Commission (SEC) that it had grown its stake in Stem, Inc. by 15.3% during the 1st quarter.

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Essex Investment Management is a well-known investment management firm that specializes in alternative investing and managing customized portfolios for high net worth individuals and institutions. The firm was founded in 1994 and is headquartered in Boston, Massachusetts.

Stem, Inc. is a leading provider of intelligent energy storage systems for commercial and industrial customers. The company’s systems help customers reduce their energy costs and improve their sustainability by storing and deploying energy when it is needed most.

Essex Investment Management’s increased stake in Stem, Inc. is a positive sign for the company and its investors. It shows that the firm has confidence in Stem’s business model and growth potential.

Essex Partners, LLC (“EP”), an independent sponsor affiliate of Essex Capital Group, Inc., recently formed SkinGenuity, LLC to acquire the assets of a leading skincare company. This acquisition is part of EP’s strategy to acquire and grow companies in the consumer products industry.

Aurora Investment Managers LLC. raised its stake in Essex Property Trust, Inc. (NYSE:ESS - Get Rating) by 7.8% during the 1st quarter. This is another positive sign for Essex Property Trust and its investors.

Nancy Prial of Essex Investment Management recently appeared on CNBC to discuss her outlook for the market. She stated that she remains bullish on the market and sees opportunities for growth in the technology and healthcare sectors.

Ziegler, a specialty investment bank, recently acted as exclusive financial advisor to Essex Management on the sale of one of its portfolio companies. This sale is part of Essex Management’s strategy to optimize its portfolio and maximize returns for its investors.

Essex Investment Management has also become an active participant in the Stem, Inc. market. This is another positive sign for Stem and its investors.

The Amherstburg area in Essex County has the largest tract of shovel-ready industrial land available in the region. This makes it an attractive location for companies looking to expand or relocate.

Essex Investment Management mainly specialized in debt financing before launching its sponsor firm. The firm’s experience in debt financing has helped it develop a unique perspective on alternative investing and managing customized portfolios for its clients.

The latest developments in ESG-related funds include Impax AM and BNRG launching a solar project and Essex Pension Fund partnering with UBS on sustainable investing. This shows that there is a growing demand for sustainable investments and ESG-related funds.

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