Beth: We’d love to have 50 Kenzie’s with her belief in the end result of impact investing. Her first-hand experience in Nairobi and knowledge of capital markets make her valuable to financial advisors and investors in the impact investing space. She also has boat-loads of enthusiasm!
I believe that millennials can mentor us while we mentor them. Kenzie is a master networker and has developed an incredible blend between her work life and personal life.
Paul: Kenzie, how have you brought your experience and passion from working in the field to your partnership with Beth?
Kenzie: Beth joined our firm at a critical moment. We were working to bring products to market as passionate people deep into impact investment structure but less connected to mainstream asset management. With Beth’s help, we better understand how particular firms work and how our products fit into their particular framework for financial services. How this knowledgeable impact team engaged Beth’s institutional experience was amazing.
Paul: Beth, talk about how your team members can live the passion of their work while negotiating the labyrinth of major asset management firms?
Beth: Kenzie leads with her passion for the ImpactAssets mission. That, along with her experience, professionalism and knowledge has driven her success. My expertise helps shape that knowledge. For example, we might review how a firm that custodies their own accounts differs from an independent RIA. I’m a big believer that you let people fly and be there to back them up. Since Kenzie is in New York, the nexus of where these large firms are, she leads these important relationships.
Paul: How has this changed the work for you, Kenzie?
Kenzie: We’re now able to focus the conversation on both investment products as well as philanthropy. Before we launched our new Notes, our discussions were primarily with philanthropy teams. Now we lead with investment products.
Paul: So you have two products: the donor-advised fund and the just launched investment notes. How do you integrate the two?
Beth: We focus on the mission of ImpactAssets, which is to expand capital flow into impact investing and reduce barriers to that flow. First, we reduced barriers through the donor-advised fund, and second through the investment notes. When you look at the process through the lens of the mission, they complement each other beautifully.