The dynamic, rapidly-growing field of impact investing has a global market valued at $502 billion – but there is a glaring contradiction: only a small percentage of funds are managed by firms owned by women or people of color, and investment professionals in foundations and leading firms reflect little, if any, racial diversity. Across the industry, people of color are absent from top leadership roles and shut out from industry-shifting positions of influence.
What questions are foundations asking themselves and their investment committees to address this? How are they thinking about integrating equity into their investment practice, and to what end? How have they already or how might they shift practice to truly bring more equity into their investment approach? What are the implications of doing so?
As part of our Racial Equity Initiative, Confluence Philanthropy recently released a new report, “It’s About Time: A Call to Advance Racial Equity in the Investment Industry.” The report is the result of a year-long listening journey and research effort highlighting the key challenges from the perspective of managers of color and high-level recommendations.
With the report as a backdrop, join Confluence for a webinar discussion featuring Cynthia Muller, Director of Mission Investment at the W.K. Kellogg Foundation and Bob Bancroft, Vice President of Finance at the Nathan Cummings Foundation. The conversation will be moderated by Geeta Aiyer, President and Founder of Boston Common Asset Management. The panelists will engage in a candid conversation about their foundation’s journey to integrate racial equity into their investment practice.
09/10/19 12:30pm — 1:30pm
The dynamic, rapidly-growing field of impact investing has a global market valued at $502 billion – but there is a glaring contradiction: only a small percentage of funds are managed by firms owned by women or people of color, and investment professionals in foundations and leading firms reflect little, if any, racial diversity. Across the industry, people of color are absent from top leadership roles and shut out from industry-shifting positions of influence.
What questions are foundations asking themselves and their investment committees to address this? How are they thinking about integrating equity into their investment practice, and to what end? How have they already or how might they shift practice to truly bring more equity into their investment approach? What are the implications of doing so?
As part of our Racial Equity Initiative, Confluence Philanthropy recently released a new report, “It’s About Time: A Call to Advance Racial Equity in the Investment Industry.” The report is the result of a year-long listening journey and research effort highlighting the key challenges from the perspective of managers of color and high-level recommendations.
With the report as a backdrop, join Confluence for a webinar discussion featuring Cynthia Muller, Director of Mission Investment at the W.K. Kellogg Foundation and Bob Bancroft, Vice President of Finance at the Nathan Cummings Foundation. The conversation will be moderated by Geeta Aiyer, President and Founder of Boston Common Asset Management. The panelists will engage in a candid conversation about their foundation’s journey to integrate racial equity into their investment practice.