Adasina Social Capital

What Adasina Social Capital does

Adasina Social Capital (legal entity: Robasciotti and Associates, Inc.) is a privately held, San Francisco-based registered investment advisor founded in 2018 and formally launched in 2020, operating in the impact investing segment. The firm builds and applies a proprietary Social Justice Investment Criteria (SJIC) covering racial, gender, economic, and climate justice through roughly 90 screens and 80+ metrics, sourced in partnership with social justice organizations. Its investment products include the actively managed Adasina Social Justice All Cap Global ETF (JSTC) listed on the NYSE ARCA since December 2020, the Adasina Social Justice Index (JUSTICE) co-developed with index provider VettaFi and impact reporting platform YourStake, and US All Cap Separately Managed Accounts distributed through Parametric with a $250,000 minimum investment.

The firm's business model combines AUM-based fee economics with campaign-driven community engagement. Revenue streams are ETF management fees (recurring on $300M+ AUM) and SMA advisory fees through Parametric. Go-to-market spans direct ETF purchase on public markets for individuals, a values-aligned financial advisor network for mid-market distribution, dedicated institutional sales for family offices and asset allocators, and investor mobilization campaigns that have garnered over $1 trillion in signatory assets across racial, gender, economic, and climate justice initiatives. The firm employs 11-50 staff, transitioned to employee ownership in 2025, and maintains a 60% women/gender-expansive, 60% BIPOC, 60% LGBTQ+ workforce composition as part of its mission alignment.

Name

Adasina Social Capital

Legal name

Robasciotti and Associates, Inc. dba Adasina Social Capital

Website

https://adasina.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Adasina Social Capital is a San Francisco-based registered investment advisor that builds social-justice-screened investment products, including the JSTC ETF and Parametric-distributed SMAs, serving individual, advisor, and institutional investors seeking values-aligned public market exposure.

Ownership category

akta.pro rank

Product category

Impact Investment Management

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910), Finance and Insurance (52)

SIC

Investment Advice (6282), Investors, Nec (6799)

akta.pro primary industry

Gender Lens / Diversity, Equity & Inclusion (DEI) Funds (FSANAJAM)

Keywords

• Impact investing
• Social justice investing
• ESG investment strategies
• Separately managed accounts
• Shareholder mobilization

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. ETF Management Fees: Adasina generates revenue through management fees from its actively managed Adasina Social Justice All Cap Global ETF (Ticker: JSTC), listed on NYSE ARCA. The ETF was launched in December 2020 and screens global companies for social justice criteria.
2. Separately Managed Account (SMA) Advisory Fees: Adasina offers US All Cap SMA models through Parametric with a $250,000 minimum investment, generating advisory fees based on assets under management.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Adasina Social Capital is a registered investment advisor that builds and manages socially screened investment products, including the actively managed Adasina Social Justice All Cap Global ETF (JSTC) listed on NYSE ARCA and US All Cap Separately Managed Accounts offered through Parametric. All products are powered by a proprietary Social Justice Investment Criteria (SJIC) framework of 40+ screens and 80+ metrics covering racial, gender, economic, and climate justice, and the firm runs coordinated investor mobilization campaigns that have garnered over $1 trillion in signatory assets.

Product overview

Adasina Social Capital offers a suite of social justice-focused investment products. The core offering is the Adasina Social Justice All Cap Global ETF (JSTC), a globally diversified all-cap ETF that screens companies using proprietary Social Justice Investment Criteria. The firm also offers Separately Managed Accounts (SMAs) through Parametric for larger institutional investors, and the Adasina Social Justice Index serves as the underlying framework informing all investment products. All products are powered by the proprietary Social Justice Investment Criteria encompassing 40+ screens and 80+ metrics across racial, gender, economic, and climate justice.

Differentiator

Problem solved

Functional benefit

Brands

• Adasina Social Justice All Cap Global ETF (JSTC): A highly diversified, global, all-cap portfolio ETF designed as a values-aligned alternative to traditional public equities index funds.
• Adasina Social Justice Index (JUSTICE)
• Adasina All Cap Global SMA

Products and services

• Adasina Social Justice All Cap Global ETF (JSTC) Publicly traded ETF available for purchase on major investment platforms at market price; designed as a values-aligned alternative to traditional global all-cap equity index funds, screening global companies against racial, gender, economic, and climate justice criteria.
• Adasina All Cap SMA (Separately Managed Accounts) Separately managed account offering a US all-cap equity model through Parametric with a $250,000 minimum investment; targeted at institutional investors and high-net-worth individuals seeking customized social justice-aligned portfolios.
• Adasina Social Justice Index (JUSTICE) Global universe of public equities across all major asset classes screened for social justice criteria; co-created with VettaFi and YourStake and serving as the foundation for Adasina's Public Equities Strategy.

Quantifiable outcome

• Over $1 trillion in assets mobilized through investor campaigns
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered core.

• One Fair WagecoreStrategic or Co-development PartnerNational organization of nearly 300,000 restaurant and service workers working to end subminimum wages. One Fair Wage helped identify the subminimum wage as a key contributor to economic, racial, and gender injustice and informed Adasina's Subminimum Wage Investor Dataset. Partners on the Campaign to End the Subminimum Wage.
• Friends of the EarthcoreStrategic or Co-development PartnerEnvironmental organization fighting for a healthy and just world for over 50 years. Partner on the Campaign to End Extractive Agriculture, helping mobilize investors around industrial agriculture's harmful effects on communities and environment.
• ETC GroupcoreStrategic or Co-development PartnerInternational research and action collective committed to social and environmental justice. Partner on Campaign to End Extractive Agriculture, providing research on concentration in the global food industry through their Food Barons Report.
• American Friends Service Committee (AFSC)coreStrategic or Co-development PartnerWorks for a just, peaceful, and sustainable world free of violence, inequality, and oppression. Partner informing Adasina's Racial Justice Investor Dataset through their work on peace and social justice issues.
• Inclusive Development InternationalcoreStrategic or Co-development PartnerHuman rights organization making international economic system more just and inclusive. Partner on Campaign to End Extractive Agriculture, supporting capacity building for local organizations defending land and human rights.
• Trans Women of Color Collective (TWOCC)coreStrategic or Co-development PartnerGrassroots global initiative led by trans and gender nonconforming people of color. Partner on Gender Equitable Workplaces Campaign, co-developing the 'Upholding Gender Equitable Workplaces: A Handbook for Employers & Investors.'
• VettaFi (formerly EQM Indexes)coreStrategic or Co-development PartnerIndex provider that collaborated with Adasina to create the Adasina Social Justice Index (JUSTICE), a global universe of public equities screened for social justice criteria.
• YourStakecoreTechnology or IntegrationImpact reporting platform that collaborated with Adasina on the Social Justice Index and investor datasets. Provides tools for advisors to investigate and report on social justice issues in portfolios.
• ParametriccoreChannel Partner/ Reseller/ DistributorInvestment management firm through which Adasina offers its US All Cap Separately Managed Account (SMA) model with $250,000 minimum investment.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Parnassus Investments: One of the larger U.S. ESG-focused asset managers with core equity and fixed-income funds applying sustainable investment criteria. Comparable as an ESG-screened public market manager, though broader in product set and distribution than Adasina.
• Calvert Impact Capital: Long-established impact investing firm (part of Morgan Stanley) offering fixed-income and equity products targeting measurable social and environmental outcomes. Comparable as a mission-aligned investment manager with community partnerships, though significantly larger and broader in scope.
• Natixis Investment Managers (Loomis Sayles ESG, Mirova): Large global asset manager with multiple ESG/sustainable affiliates (Mirova, Loomis Sayles Responsible Investing) offering impact equity and fixed-income strategies. Comparable at the strategy level as a provider of rigorous, mission-driven sustainable public market strategies.

Direct peers

• Trillium Asset Management: Boston-based ESG-focused asset manager offering mutual funds and SMAs with community-engaged investment strategies. Comparable as a values-aligned public equity manager with explicit social/environmental screens and long-standing impact identity.
• Green Century Funds: Environmental-focused mutual fund family applying rigorous fossil-fuel and sustainability screens. Comparable as a values-driven, screen-based public equity manager with advocacy DNA, though narrower (environment-only) than Adasina's social-justice lens.
• Domini Impact Investments: Pioneer of social- and environmental-screened mutual funds, offering the Domini Impact Equity Fund and related strategies. Directly comparable as an actively managed public equity impact manager with rigorous community-informed criteria and a long-standing impact narrative.
• Boston Trust Walden: Employee-owned (ESOP) ESG asset manager offering SMAs and funds applying rigorous social and environmental screens. Highly comparable in structure (employee-owned, values-aligned), product set (SMAs and screened equities), and institutional/client base.

Emerging players

• Ethic: Technology-driven ESG/SRI platform serving RIAs and institutional clients with customizable values-based portfolios. Comparable as a younger, values-aligned investment platform serving advisors and institutions, though more technology-platform oriented than Adasina.
• Newday Impact Investing: Emerging impact ETF issuer offering thematic sustainable ETFs (e.g., human rights, ocean, climate). Comparable as a smaller, thematic-screened ETF provider with explicit social-justice themes targeting conscious investors.

Others

• YourStake: Impact reporting and data platform for advisors that co-developed the Adasina Social Justice Index and supporting datasets. Comparable as an enabling ecosystem partner providing social-justice impact measurement infrastructure used by Adasina and its advisor network.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/adasina_
• YouTubeyoutube.com/channel/UCiRZzJlbQC9hrzysoH6jwDA
• Facebookfacebook.com/AdasinaSocialCapital
• LinkedInlinkedin.com/company/adasina

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Adasina Social Capital