When Government Privatized Caring for Our Communities
Second Quarter 2026 Review
The second quarter tested a familiar tension: markets rallied hard on semiconductor enthusiasm, even as global growth slowed and inflation crept higher. At NorthStar, we stayed disciplined — favoring diversification over momentum.
At NorthStar, we remain focused on the long view. Our investment approach is guided by the belief that strong returns and positive impact are not mutually exclusive. We seek out companies that build resilient businesses, treat workers fairly, govern responsibly, and contribute to the communities and systems they rely on — especially during periods of heightened uncertainty.
This quarter: how philanthropy came to shoulder work government used to fund, an 80% employee-owned milestone, proxy season wins at Alphabet, Meta, and Digital Realty, and why we’re staying diversified through a semiconductor-driven market rally.