Capricorn Investment Group Adds to OCIO Practice

Mark Berryman

Outsourced CIO firm Capricorn Investment Group LLC announced Mark Berryman and Nick Flores as new partners in the $12 billion firm. Berryman will join the firm’s investment committee, and Flores takes a role as a client adviser.

The appointments will strengthen Capricorn’s OCIO offerings, according to a statement from the firm, which counts families, foundations and other institutional investors as its clients.

Previously, Berryman was a managing director and member of the investment committee at multi-family office firm Caprock. He is also an adjunct professor of impact investing at the Columbia University Business School and was previously lead investment officer at the International Finance Corp.

Flores also hails from Caprock, where he was a managing director and client adviser, co-leading impact investing initiatives. He was also previously a vice president at Emcor Securities and is a climate fellow at Entrepreneurs for Impact.

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Nick Flores

“We are thrilled to welcome Mark and Nick to Capricorn,” said William Orum, a partner in and investment committee member at Capricorn Investment Group, in a statement. “They are industry leaders who bring a depth of experience in impact investing and in managing mission-aligned portfolios on behalf of families and foundations.”

Berryman earned a bachelor of business administration degree in accounting from the University of Colorado, Boulder, a master’s degree in international business and diplomacy from Georgetown University and an MBA from the Georgetown University McDonough School of Business.

“Capricorn has built a strong reputation for delivering exceptional investment solutions that align capital with purpose,” Berryman said in a statement. “I am thrilled to join this outstanding team and contribute to its mission of driving strong financial performance alongside meaningful, long-term impact.”

Flores earned a bachelor of arts degree in political science and international relations from Stanford University and an MBA from the Stanford University Graduate School of Business.

“For 25 years, Capricorn has demonstrated unwavering support for mission-aligned families and foundations, while also pursuing competitive financial returns in every asset class,” Flores said in a LinkedIn post. “I’m honored to join their values-aligned team and contribute to their continued market leadership.”