Award recognizes the firm's commitment to delivering value for investors as well as communities, employees and consumers
CHICAGO, April 10, 2025 -- The Vistria Group ("Vistria") is honored to be recognized by the Baumhart Center for Social Enterprise and Responsibility at Loyola University Chicago's Quinlan School of Business as the recipient of the 2025 Parkinson Award for Purpose and Profit.
The recognition, part of the Baumhart Center's 2025 Innovator Awards, celebrates organizations at the forefront of social innovation in business. The Parkinson Award, named after the late Robert (Bob) L. Parkinson, specifically honors companies that demonstrate that purpose and profit don't have to be mutually exclusive, which is a theme central to Vistria's mission. The Award recipients were selected based on their commitment to social impact, environmental stewardship and the holistic integration of purpose and profit.
"This award is especially meaningful to The Vistria Group. The Parkinson family was instrumental to our firm's founding, development and success. Not only was Bob Parkinson an inspiring leader and mentor to many partners here at The Vistria Group, but he also believed in the positive power of business," said Kip Kirkpatrick, Co-CEO and Senior Partner at The Vistria Group.
At the Baumhart Center's 2025 Leading for Good Conference — an annual event designed to equip leaders with best practices in social impact — Vistria's Co-CEOs, Kip Kirkpatrick and Marty Nesbitt accepted the award. They joined Nourishing Hope's Jennie Hull and Evergreen Climate Innovations' Michelle Carr in a panel exploring the driving forces behind their organizations' social innovation efforts. Additionally, two of Vistria's Senior Partners, Deval Patrick and Jon Samuels, participated in a discussion on purposeful investing that also featured Simon Castellanos, CEO of AIS Healthcare.
"At Vistria, we've always believed that investing with purpose creates stronger businesses and better outcomes for all stakeholders," said Marty Nesbitt, Co-CEO and Senior Partner at The Vistria Group. "This recognition from the Baumhart Center validates our approach that when we align capital with societal needs, we can generate both compelling financial returns and meaningful impact in the communities we serve."
About The Vistria Group
The Vistria Group is building a new kind of private investment firm that seeks to deliver both financial returns and impact. It invests in essential industries like healthcare, knowledge & learning solutions, financial services and housing that deliver value for investors as well as communities, employees, and consumers. With almost $16 billion in AUM, The Vistria Group looks deeper by working as a true partner, drawing on its deep sector knowledge, operational expertise, unique network, diverse team, and impact orientation to achieve transformational growth. For more information, please visit www.vistria.com.
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