Topic: Black/Brown Money Management: Issues & Opportunities
Time: Jan 13, 2021 02:30 PM Eastern Time (US and Canada)
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Meeting ID: 878 9155 4707
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Meeting ID: 878 9155 4707
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Dermot Murphy
6107454118
dermot@halloranphilanthropies.org
Racial inequities in the U.S. exist across all sectors, but nowhere are these inequities more prevalent than in the money management industry. Of the $70 trillion global financial assets under management across mutual funds, hedge funds, real estate, and private equity, fewer than 1.3% are managed by women and people of color. Locally, the population of Philadelphia is about 58% black/brown people, yet less than 7% of the $5.7 billion City’s Employee Retirement System is invested by black/brown money management firms.
Our program will focus on the opportunities for investing in and with black/brown owned businesses and money management firms in the United States, with a particular attention to those in the Greater Philadelphia region. Let’s learn how we can move money and services to these firms.
Speakers:
Who should attend this webinar? High net worth individuals, pension fund trustees, family offices, nonprofit leaders, investment professionals, endowment/foundation advisors and anyone interested in broadening their investment horizons.