Media Advisory

New York Fed to Host Impact Investing Event: Connecting Communities with Capital

May 19, 2021

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 at 1 PM EDT 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.

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.

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. It will also include a panel of impact investors discussing 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.

The event is open to the public and the media. All remarks are on the record and the event will be recorded. 

Contact
Ellen Simon
(347) 978-3036
Ellen.Simon@ny.frb.org

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