Dean Adams is Director of Operations for the Community Health Facilities Fund (CHFF). CHFF is a 501(c)(3) organization established to assist community-based, behavioral healthcare organizations with capital formation. CHFF’s financing products include both traditional commercial loans funded from our own balance sheet and the origination and structuring of tax-exempt bonds. CHFF has provided financing, either directly or as an adviser, for more than 30 organizations in 13 states totaling more than $100 million. He is responsible for the origination, underwriting, structuring and surveillance for the CHFF portfolio of tax-exempt bonds and traditional loan products. Dean has more than 20 years of experience providing financial advice and services to non-profit healthcare organizations having worked as an investment banker at Bear Stearns, Alex. Brown and Sons, Lehman Brothers and Cain Brothers with a primary focus on the healthcare sector. He is an honors graduate of DePauw University with a degree in Economics and Management.
Doug Bauer is Senior Vice President of Rockefeller Philanthropy Advisors. Doug leads the organization’s Strategic Initiatives Team. Prior to joining Rockefeller Philanthropy Advisors in March 2002, he was a Vice President at Goldman Sachs and President of the Goldman Sachs Philanthropy Fund, the firm’s charitable giving vehicle. From 1997 to 2000, Doug was Director of Community Partnership at SmithKline Beecham (now GlaxoSmithKline) and Executive Director of the SmithKline Beecham Foundation, where he focused on community-based health care around the world. From 1992 to 1996, Doug was a Program Officer for Culture at the Pew Charitable Trusts, and from 1988 to 1992, he managed the Scott Paper Company Foundation. Doug’s opinions and ideas on philanthropy have been featured in the Associated Press, The Christian Science Monitor, The Chronicle of Philanthropy, Contribute, the Financial Times, the Los Angeles Times, The New York Post and on CNBC. He also co-authored with Steven Godeke, Philanthropy’s New Passing Gear; Mission-Related Investing, A Policy and Implementation Guide for Foundation Trustees. Doug chairs the Better Business Bureau Wise Giving Alliance and the Support Center of Nonprofit Management and serves on boards or committees for the Carbon Disclosure Project (UK), Children’s Health Fund and New York Regional Association of Grantmakers (NYRAG). He is also an adjunct faculty member at the University of Pennsylvania where he teaches a course and seminars on philanthropy. Doug is a graduate from Michigan State University. He also holds a M.S. from Penn and a M.J. from Temple University.
Shari Berenbach is President and CEO of the Calvert Foundation. Shari joined Calvert Foundation as Executive Director in 1997. With over 20 years of experience ranging from microcredit to international business, Shari brings leadership and knowledge to the field of social investment. At Calvert Foundation, Shari has developed innovative financial instruments and partnerships critical to creating a level of transparency and discipline that engender consistent performance, investor confidence and broad market participation in the community investment marketplace. Prior to joining Calvert Foundation, Shari led finance projects for the International Finance Corporation. These projects, based mainly in Central America and the Caribbean, channeled more than $250 million to banking, power, telecommunications, tourism and agribusiness. Shari began her professional career as an Officer of the National Cooperative Bank, where she was responsible for technical services to US production cooperatives. She later served as Program Director for the non-governmental organization, Partnership for Productivity International. Shari has also held private-sector positions at Citibank, Salomon Brothers and a start-up international telecommunications company, Radio Movil Digital. Shari has published numerous articles, including a 1997 study on banking regulation for micro-finance institutions worldwide and a 1991 paper on solidarity group lending methods. Shari serves on the boards of Community Wealth Ventures, MMA Community Development Investments and the Neighborhood Funders’ Group (a foundation affinity group). She has previously served on the boards of the Social Investment Forum (the trade association for socially responsible investment professionals) and the Association of Enterprise Opportunity (a US microcredit trade group). Shari has an MBA in Finance from Columbia Business School and an MA in Latin American Studies from the University of California, Los Angeles. She received her undergraduate degree in Political Science from the University of California, Berkeley. Shari lives in Bethesda, MD with her husband Jim and daughter Moriah.
Jean Chang is Senior Vice President of Impact Community Capital. Ms. Chang rejoined Impact in 2008 to work on new program initiatives and external relations. From 2002 to 2004, she worked with Impact to create its $40 million New Markets Tax Credit program which has invested in childcare and healthcare facilities benefiting low-income individuals and families. Her prior experiences include working as an investment banking analyst for Morgan Stanley & Co., and as a management consultant for McKinsey & Company. She was also a volunteer for the Peace Corps Small Enterprises Development program in Ecuador, and recently helped launch Tipping Point Community to fund poverty-fighting nonprofits in the San Francisco Bay Area. Ms. Chang has a B.S. from the Haas School of Business, University of California, Berkeley, a J.D. from Harvard Law School and is a member of the State Bar of California.
Wayne Curtis has worked in the financial services and economic development arenas in New York, Philadelphia and Washington, DC for over twenty-five years. Wayne has created financing products for the public and private sectors. Wayne is a graduate of Harvard University and received a master’s degree in Science in Urban Planning, from Columbia University's School of Architecture and Planning. He is currently pursuing a PhD in Philosophy in Leadership and Change at Antioch University.
Dawn Edwards is President of AltruShare Securities. Dawn began her career at Lazard Freres in 1987. During her tenure, her duties included program trading, technology and soft dollar management. In 1997 she joined GENA, a woman-owned international broker dealer servicing institutional clients in ADRs, developed and emerging markets. In 2000, Dawn joined BNY Global Transition Management and handled transitions for public and corporate plan sponsors, endowments, foundations and Taft-Hartley clients.
David Erickson manages the Center for Community Development Investments at the Federal Reserve Bank of San Francisco and is the editor of the journal Community Development Investment Review. David holds a PhD in history from the UC Berkeley with a focus on economic history and public policy. He has more than five years of experience working in the affordable housing finance field for nonprofit, government, and private-sector employers. He previously received a master’s degree in public policy from the UC Berkeley and has a bachelor’s degree in history from Dartmouth College.
John Goldstein is co-founder of Imprint Capital Advisors, LLC, which catalyzes capital for social impact by supporting foundations, individuals, and family offices and their trusted advisors. John is also a co-founder of and senior advisor to Medley Capital Management (MCM), a private investment firm that seeks corporate and asset-based financing opportunities globally and actively serves the development finance and social enterprise markets. Prior to forming MCM, John served as Senior Managing Director of Medley Global Advisors and was also co-founder and Executive Director of the Medley Institute, where he worked (and in many cases continues to work) as a board member, senior advisor or team member, including Global Giving, Distributed Capital, the International Interfaith Investment Group (3iG), Keystone/Access, the Sustainable Food Lab, Aquaya, TBLI (Triple Bottom Line Institute), the Global Exchange for Social Investment (GEXSI) and the United Nations Capital Development Fund. John also worked as a management consultant in the Strategy practice of Andersen Consulting (now Accenture). John was an honors graduate of Yale University where he was awarded the Richter Fellowship and the Townsend Prize.
Lisa Hagerman is the Director of the More for Mission Campaign Resource Center at the Boston College Institute for Responsible Investment. She is also affiliated as a Research Fellow with the University of North Carolina at Chapel Hill, Center for Community Capital and the Oxford University Centre for the Environment. In July 2008 she completed her appointment as a Research Fellow at the Labor & Worklife Program, Harvard Law School working on the Pension Funds & Urban Revitalization Initiative funded by the Rockefeller and Ford Foundations. Lisa Hagerman was previously a Vice President of Economic Innovation International, a Boston consulting firm that builds privately capitalized community equity funds. Prior to her consulting work Ms. Hagerman was with Wells Fargo Bank, San Francisco, as Assistant Vice President in the Government Relations group and also worked for Citibank, New York, for seven years in the Latin American Marketing Division. Lisa Hagerman completed her doctorate in economic geography (March 2008) at the University of Oxford on Public Pension Fund Investment in Urban Revitalization. Ms. Hagerman received her B.A. from Bucknell University and her M.A. in political science from the University of North Carolina at Chapel Hill.
Sean Harrigan retired in January 2006 as the Executive Director of the United Food and Commercial Workers Union, Western States Council, a position to which he was elected in November 2001. He also retired at the same time as an International Vice President of the UFCW International Union. Mr. Harrigan is the past President of the California State Personnel Board. He was elected in December, 1999 by the Board members to be the SPB representative on the CalPERS Board of Administration. He served as the CalPERS Board President for two years before leaving the CalPERS Board in January, 2005. Mr. Harrigan has a long history with the retail industry that dates back more than 30 years. For 7 years, he worked for Safeway in various capacities before joining Richland Retail Clerks Local 1612 as its Union Representative. He was elected President of UFCW Local 1612 in 1976 and, after a multi-local union merger in 1980, became President of UFCW Local 1439 in Spokane. Mr. Harrigan holds a Bachelor’s degree in Economics from Whitman College in Washington. In addition to his duties on the State Personnel Board and the Los Angeles Fire and Police Pension Board, he is a Board member of the Global Reporting Initiative. He also provides various consulting services related to investment and financial activities. He resides in Los Angeles with his wife, Kathleen. He has two children and two grandchildren.
Andrew Horowitz is a twenty-year telecommunications entrepreneur and founder of Office Telephone Management (OTM) in 1983, a shared-service provider of integrated voice and data communications products and services to tenants of multi-tenant office buildings in Southern California that he sold in 1995. Mr. Horowitz has since pursued an assortment of domestic and international telecommunications consulting engagements, mentoring activities, and investment opportunities involving local telecom and other startup companies. He joined the Orange County chapter of the Tech Coast Angels in 2000 and is invested in more than 25 angel startups. Andy is also a member of Investors Circle, From 2002- 2007, he served as Chairman of the Advisory Board of the Venture Finance Institute of the Claremont Graduate University. He is a founding partner of the Los Angeles chapter of Social Venture Partners, and a director of the Social Enterprise Institute. Andy is married to Dr. Pamela Ann Lawrence (Horowitz), a semi-retired Internist and now his partner in social enterprise investing. Pam and Andy have three children - Eric (29), Jeffrey (27), and Lauren (25). Andrew recently established his own website to promote and advance the field of social entrepreneurship and social enterprise investing – www.dialoguesonsocialenterprise.com.
Karen Kasteel is Managing Director of Kennedy Wilson’s Commercial Investment Group. Ms. Kasteel joined Kennedy Wilson in 2007 and is responsible for marketing the Company’s various real estate funds. Additionally, she is responsible Portfolio and Asset Management and oversees the administration, acquisition and asset management activities of the Northwest Louisiana Community Development Fund I. Previously Kasteel oversaw over $1.5 billion of office, mixed-use, hotel, multi-family and retail transactions annually, both nationally and internationally, as Vice President of First American Title Company’s National Commercial Services Division. In this role she was responsible for business development, various transactional teams, portfolio management and investor relations. Earlier, she launched a new division for North American Deed Company, a start-up document preparation company. Ms. Kasteel holds a B.F.A from Oklahoma City University. She is a member of the Urban Land Institute and National Association of Industrial and Office Properties. She holds her Real Estate Broker’s License in both California and Nevada.
Deborah La Franchi is the Founder and CEO of SDS. Deborah develops innovative market-driven approaches to economic development. SDS has built and capitalized more than $2 billion of Double and Triple Bottom Line private-equity funds with its affiliated partner Economic Innovation International, Inc. These funds seek: (1) market rates of return, (2) positive community/social impacts, and (3) environmental sustainability. Further, the two firms jointly manage the $125 million National New Markets Fund, LLC, an allocation of federal tax credits for real estate projects in low-income communities. Ms. La Franchi is also a co-author of the Double Bottom Line Handbook funded by the Ford Foundation. During the past four years, SDS’ Nonprofit Capacity Building Division has secured $15 million in grants for nonprofit clients serving high-poverty communities. Strategic Development Investments, an SDS subsidiary, manages two TBL public equity stock portfolios (Large Cap Domestic Fund and International Fund) that seek to outperform their respective benchmarks while meeting social and environmental criteria.
John Eric Nelson is the director of the Wall Street Without Walls (WSWW) project providing free financial technical assistance from finance professionals to community-based organizations in order to access the capital markets. WSWW provides capital markets orientation and training programs nationally through the individual banks of the Federal Reserve Bank system and financial technical assistance to community development organizations and public agencies through teams of volunteer finance professionals, including retired and active investment bankers volunteering their expertise as a new form of philanthropy. He earlier served as director of Corporate Partnership Program at the National Congress for Community Development. Funded as part of the Ford Foundation's Corporate Involvement Initiative, the program facilitated market-driven, business case opportunities with community-based development organizations and minority entrepreneurs in joint venture business investments. Mr. Nelson has thirty years experience in community economic development, management consulting, and collaborative environmental policy. He designed and managed the Small Business Opportunity Project for HUD to assist public housing residents plan and run their own businesses. He founded the urban land trust program for the Trust for Public Land and managed non-profit liaison for the Chevrolet-Geo environmental program. Much of his consulting activity has been in the area of multi-sectoral collaboration on behalf of clients in business, government, and the public interest. He is on the CRA Advisory Board for BB&T's Washington DC area, the Advisory Board for Impact Community Capital and for Partners for the Common Good, and a member of the Economic Development Assistance Consortium. Mr. Nelson is President of the William James Foundation, promoting the development of socially responsible businesses by young adults, including a nationwide business plan competition among business and graduate schools. He is also Chairman of the Board of the newly formed National Mall Conservancy. Mr. Nelson graduated from Yale College; received his MA degree from the University of Michigan where he also taught social psychology; and has a certification in Community Development Finance from the Milano Graduate School of New School University.
Alvertha Penny is the Vice President of the California Community Foundation. Alvertha oversees the planning, strategy development and distribution of a $20-million annual competitive grants budget. She is also responsible for a $23 million Program Related Investment Fund and a budget of more than $4.5 million for special initiatives. Penny’s background includes nearly 30 years of development, management and administration of community development and human services programs in the nonprofit and public sectors nationally and statewide. Previously, Penny was the senior advisor on community development issues to the president of the William and Flora Hewlett Foundation and the same foundation's family and community development program director. This included leading the Hewlett Foundation’s $30 million, comprehensive multi-year urban community revitalization demonstration effort. Prior positions include serving as executive vice president and chief operating officer of the National Congress for Community Economic Development in Washington, D.C.; program officer for urban affairs at the San Francisco Foundation; and the director of the Mayor’s Office of Neighborhood Planning and Community Services with the City of New Orleans. Penny chairs the National Community Development Institute’s Board of Directors in Oakland, Calif., and is a member of the Nonprofit Finance Fund Board of Directors based in New York. She holds a Master of Science in Urban Studies from the University of New Orleans.
Nancy Pfund is a Managing Partner of DBL Investors, an investment firm focused on delivering strong financial returns together with positive social, environmental, and economic impact. DBL Investors drives sustainability through a combination of investing in cleantech companies and investing in companies from more diversified sectors and then helping these companies realize the economic benefits of environmental stewardship and branding. DBL Investors’ first fund, the Bay Area Equity Fund, implements this strategy through a portfolio of investments in emerging growth companies located in lower-income neighborhoods of the San Francisco Bay Area. Ms. Pfund currently sponsors or sits on the board of directors of a number of private companies, including Tesla Motors, Pandora Corporation, BrightSource Energy, Solar City and eMeter. Originally a regional venture capital group within JPMorgan, DBL Investors spun out as an independent firm in January 2008. Ms. Pfund joined JPMorgan (then Hambrecht & Quist) in 1984 as a securities analyst and later joined its venture capital department as principal and then Managing Director in 1989. Ms. Pfund is a member of the board of directors of the California Clean Energy Fund (CalCEF), a not-for-profit fund mandated by the California PUC to invest in companies pursuing alternatives to a fossil-fuel dominated economy, and is an Advisor to its newly-created CalCEF Angel Fund. She is also a member of the Advisory Board of the UC Davis Center for Energy Efficiency, and is a founding officer and director of ABC2, a foundation aimed at accelerating a cure for brain cancer. Ms. Pfund has been appointed as a member of the Task Force on California’s Energy and Environmental Challenges, an initiative of the Pacific Council on International Policy. Ms. Pfund received her BA and MA in anthropology from Stanford University, and her MBA from the Yale School of Management.
Raul Pomares is a portfolio manager within the Portfolio Management Group of Guggenheim Investment Advisors. He has expertise in global Social, Mission & Sustainability Investment (SMSI) programs for foundations and clients seeking social impact from their portfolios. Prior to joining Guggenheim, Mr. Pomares was a co-founder and director of client services for a boutique wealth management firm. Prior to that, Mr. Pomares was an investment advisor with AXA Advisors. Mr. Pomares began his career as an international private banker with Bank of America. Mr. Pomares received his degree in international business management from the University of San Francisco.
Lisa Richter co-founded GPS Capital Partners to assist foundations and other institutional investors to design and implement sound investment strategy that enhances mission and public purpose goals. GPS’s foundation consultancies range from small family foundations to a number of the nation’s largest foundations, with program areas from community development to conservation, health, education, and arts and culture. GPS also designed and delivers the PRI Institute (comprehensive training for foundation professionals sponsored by the PRI Makers Network, an association of 150 foundations that make program-related investments or plan to do so) and is co-leading an initiative that supports community and place-based endowments to begin mission investing with Blueprint Research & Design, Inc. Lisa brings to consulting 20 years of development finance leadership from ShoreBank Corporation focused on increasing the practice of social and environmental investing, equity and debt underwriting, structuring collaborative investments, asset building financial services, and social impact measurement. Lisa serves on the Bank of America National Community Advisory Council and Advisory Boards of Wall Street Without Walls and Jewish Funds for Justice’s Los Angeles Tzedec Fund. She holds a bachelor’s degree and an MBA from the University of Chicago.
David Sand David Sand is the Chief Investment Officer of Access Capital Strategies, a division of Voyageur Asset Management. Started in 1997, Access Capital Strategies is dedicated to managing client investments in community economic activity such as affordable housing, economic development and small business lending. In 2008 Access was acquired by Voyageur Asset Management, the US asset management arm of the Royal Bank of Canada. Access manages the $500 million Access Capital Community Investment Fund, a mutual fund investing in credit enhanced and securitized community economic development loans. Fund shareholders include banks, pension funds, foundations and faith based investors. During the seventeen years prior to setting up Access Capital, David worked at a variety of investment management and investment banking firms. Throughout his career, David has worked at the intersection of investor needs and public policy issues. In Boston, he was founder and President of Commonwealth Capital Strategies and President of a money management boutique owned by Mellon Bank. Earlier he worked in New York for Drexel Burnham Lambert and Shearson Loeb Rhodes. David has an undergraduate degree in American History from Princeton University and a Masters in Public Administration from the Kennedy School of Government at Harvard. He is on the Boards of the Enterprise Foundation of New York, the Social Investment Forum and Wall Street Without Walls.
Fran Seegull is Managing Director at Funk Ventures, located in Santa Monica, CA. The firm invests in and accelerates early-stage companies in clean technology, wellness and medical technologies with the goal of creating venture-style financial returns, as well as, environmental and social impact. Portfolio companies include: Cyber-Rain, Lucky Earth, Virgin Charter, Alter-G, Prolacta Bioscience, and Game Ready, among others. Previously, Seegull consulted to purpose-driven businesses, non-profits and foundations, including National Geographic, NPR West and the Milken Institute. She also served as VP of Business Development at Novica.com, as well as Management Consultant in the corporate strategy practice of PriceWaterhouseCoopers (now IBM). Prior to business school, Seegull was Program Officer at the Peter Norton Family Foundation. She holds an MBA from Harvard University and a BS in Economics from Columbia University. Seegull serves on the boards of the Barbara Lee Family Foundation in Cambridge, MA and Lucky Earth, a portfolio company which offers a line of environmentally-conscious waterless carwash products.
Kate Starr is an Investment Officer at the F.B. Heron Foundation. Kate works with the Vice President of Investments to manage the Foundation’s $96 million mission-related investing portfolio. She is currently a member of the PRI Makers Network Steering Committee and a member of the New York Society of Security Analysts. Prior to joining Heron, Kate worked as a freelance personal finance columnist for Business Week Online, a research associate at microfinance institution PRIDE Tanzania, and as an economics and equity analyst at First Asset Management in Minneapolis. Kate earned a BA in English and Italian from Indiana University, a MA in International Relations from Johns Hopkins’ School for Advanced International Studies, and is a Chartered Financial Analyst.
Barbara VanScoy is a Founding Partner, Executive Vice President, and Senior Portfolio Manager of Community Capital Management. In her role, Barbara is responsible for fixed income and community development research and client portfolio management. Barbara has created an extensive network of mortgage originators and municipal underwriters to encourage the production of affordable housing, job training programs and affordable healthcare facilities. Prior to Community Capital, Barbara was Director of Mortgage Research at SunCoast Capital Group, Ltd. She began her investment career in 1991 and holds a BS in Finance from The University of Florida. Barbara is a Board Member of the Southern Municipal Finance Society (SMFS) and a member of Women in Housing and Finance.
Glen Yago is Director of Capital Studies at the Milken Institute. He specializes in financial innovations, financial institutions and capital markets, and has extensively analyzed public policy and its relation to high-yield markets, initial public offerings, industrial and transportation concerns, and public and private sector employment. In the area of capital access, Yago is creator of the Milken Institute's Capital Access Index, an annual survey that measures access to capital for entrepreneurs across countries, and co-creator of the Opacity Index, a measure of the openness of financial markets around the world, critical factors in determining a nation's economic health. Both indexes are referenced regularly in academic and business venues. Yago has worked on financial innovations transfer and privatization projects in the Middle East since 1996, primarily in Israel and Jordan, and in cooperation with the Palestinian Authority. His efforts were instrumental in the issuance of the first municipal bond in Israel's history to finance a development project in Tel-Aviv, and in spurring significant legislative amendments to democratize Israel's capital markets. Mr. Yago received his Ph.D. from the University of Wisconsin, Madison.
Betsy Zeidman is Director of the Center for Emerging Domestic Markets (CEDM) and a Research Fellow at the Milken Institute. CEDM aims to increase the flow of capital to America's emerging entrepreneurs and communities through its research and information network, educational center and financial innovations laboratory. Zeidman also manages the Institute's work in such areas as mission-related investing, developmental finance and environmental finance. In this role, she works with foundations, governments, institutional and individual investors, entrepreneurs and policymakers. A recognized leader in developing sound strategies for deploying market and philanthropic capital in under-invested communities, Zeidman has authored several reports for the Institute and co-edited the volume Entrepreneurship in Emerging Domestic Markets: Barriers and Innovation. She is a frequent speaker at industry conferences and in the media. Zeidman is a member of the board of directors of the Social Investment Forum and CARAT (California Resources and Training), and sits on the advisory board of Wall Street Without Walls. Prior to joining the Institute, she provided strategic management and marketing advisory services to clients in the public, private and nonprofit sectors, with a specialty in corporate responsibility and financial performance; served as senior management at several entertainment companies and public relations firms; and staffed national and state political campaigns. She earned a B.A. and an M.B.A. at Yale University.