Carsten Stendevad joined Bridgewater in 2017, and serves as Co-CIO for Sustainability, overseeing Bridgewater’s overall sustainable investing efforts including the design and oversight of investment solutions with both financial and sustainability impact objectives. He is also a Partner of the firm and a member of the Commercial and Business Strategy Committee, and he co-chairs the firm’s Sustainable Investing Committee. Carsten is a Board Advisor to GIC and their Investment Strategies Committee.
Prior to joining Bridgewater, Carsten served as the CEO of ATP, Denmark’s national pension plan, where he was responsible for all investment-related activities and chaired the Investment Committee. Previously, Carsten was a Managing Director in Citi’s Investment Banking Division in New York, with global responsibility for Citi’s corporate finance advisory team. Earlier in his career, Carsten worked for Consultant at McKinsey & Company and the Central Bank of Denmark. Carsten served on the Global Steering Committee for the Blended Finance Taskforce, and on the Danish Committee for Corporate Governance, where he led the development of a Stewardship Code for Danish institutional investors. Trained as an economist from the University of Copenhagen, he also holds a Master of Public Policy from the Harvard Kennedy School of Government.
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