Capital Quest: Connecting Capital to Communities

The Federal Reserve Bank of New York’s Community Development team, in partnership with the U.S. Impact Investing Alliance, is hosting a virtual event on June 3, 2021 focused on the expanding pool of impact investing funders, how new sources of investment can strengthen the low- and moderate-income communities hardest hit by the pandemic, and the New York Fed’s plans to connect communities with funds.

Event details

The event will open with remarks by David Erickson, head of Outreach and Education at the New York Fed, who will detail his team’s new strategic approach to bridging communities and capital. He will also discuss the team’s new focus areas within the diverse world of community development.

In addition, the event will include a discussion between Fran Seegull, president of the U.S. Impact Investing Alliance, and Otho Kerr, the New York Fed’s director of strategic partnerships and community impact investing, a newly created role unique within the Federal Reserve system.

Finally, the event will feature a panel of impact investors discussing the future of the field and some of the early successes they’ve seen.

In conjunction with the event, the New York Fed and the U.S. Impact Investing Alliance will release a new report written by the Alliance, Impact in Place: Emerging Sources of Community Investment Capital and Strategies to Direct it at Scale.

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