On Thursday, November 14, 2024, the Federal Reserve Bank of New York hosted an in-person event focused on creating and improving markets to deliver investments to under-resourced communities.
The event focused on examples of effective channels for investing in the health, climate resilience, and household financial well-being of communities. Speakers highlighted strategies that connect new sources of capital to community needs; scale existing sources of capital for communities; and connect previously unlinked buyers and sellers.This event was of interest to leaders in finance, philanthropy, community development, and academia.
WATCH THE EVENT
See the agenda for timing of specific conference segments.
Event Details
Date & Time
November 14, 2024
1:30pm-5:00pm
(Coffee and networking preceded event; reception followed.)
November 14, 2024
1:30pm-5:00pm
(Coffee and networking preceded event; reception followed.)
Location
Federal Reserve Bank of New York
Auditorium
33 Liberty Street
New York, NY
Federal Reserve Bank of New York
Auditorium
33 Liberty Street
New York, NY
Audience
This event was open to the public.
This event was open to the public.
Media
This event was open to the media. All remarks were on the record, with the recording to be made available afterwards. For media inquiries, please contact Ellen Simon at Ellen.Simon@ny.frb.org.
This event was open to the media. All remarks were on the record, with the recording to be made available afterwards. For media inquiries, please contact Ellen Simon at Ellen.Simon@ny.frb.org.
Agenda
Agenda
| 1:30pm-1:40pm | Welcome Remarks (00:01:43 in video)
Otho Kerr, Director of Strategic Partnerships and Community Impact Investing, Federal Reserve Bank of New York |
| 1:40pm-1:45pm | What’s New About Making Missing Markets? (00:13:22 in video) David Erickson, Head of Outreach & Education, Federal Reserve Bank of New York |
| 1:45pm-1:55pm | Remarks (00:20:36 in video)
Willa Seldon, Partner, The Bridgespan Group |
| 1:55pm-2:15pm | Fireside Chat (00:34:31 in video) Moderator: Willa Seldon, Partner, The Bridgespan Group Deval Patrick, Former Governor of Massachusetts and Senior Advisor, The Vistria Group |
| 2:15pm-2:25pm | Fed Talk: Towards Thriving Communities (00:54:42 in video)
Mychal Johnson, Co-Founder, South Bronx Unite |
| 2:25pm-2:30pm | Break |
| 2:30pm-2:40pm | The Potential for Private Equity to Fund Population Health (01:04:14 in video)
Dr. Robert Galvin, MD, CEO, The Right Doctor and Senior Advisor, Blackstone |
| 2:40pm-2:50pm | Making Markets on Tribal Lands (01:16:15 in video)
Dave Castillo, CEO, Native Community Capital |
| 2:50pm-3:00pm | New Markets for Sustainability and Resiliency (01:31:35 in video)
Beth Bafford, CEO, Climate United |
| 3:00pm-3:10pm | Break |
| 3:10pm-3:25pm | Audience Lightning Round (01:44:50 in video)
Moderator: Claire Kramer Mills, Director of Community Development Analysis, Federal Reserve Bank of New York |
| 3:25pm-3:40pm | The Role of Secondary Markets in Making Missing Markets (02:32:31 in video)
Jonathan Kivell, Director of Community Investments, Federal Reserve Bank of New York Beth Bafford, CEO, Climate United |
| 3:40pm-3:50pm | Fed Talk: Investing in Flourishing: Addressing a Missing Market (02:19:06 in video)
Tyler Norris, Outreach & Education Visiting Scholar, Federal Reserve Bank of New York and Co-Founder/Director, CEO Alliance for Mental Health Dr. Leslie Walker-Harding, MD, Senior Vice President and Chief Academic Officer; Department of Pediatrics Chair, Seattle Children’s |
| 3:50pm-4:00pm | The Role of Philanthropy in Making Missing Markets
Rajiv J. Shah, President, The Rockefeller Foundation |
| 4:00pm-4:20pm | Fireside Chat (02:02:20 in video)
Moderator: David Erickson, Head of Outreach & Education, Federal Reserve Bank of New York Kathryn Wylde, President and CEO, Partnership for New York City |
| 4:20pm-4:45pm | The Importance of Arts and Community Development (02:42:35 in video)
Penelope Douglas, Visiting Scholar, Federal Reserve Bank of New York and Founder & CEO, CultureBanq Troy Ramey, Artist |
| 4:45pm-5:00pm | Making Missing Markets (03:06:32 in video)
John C. Williams, President and CEO, Federal Reserve Bank of New York |
| 5:00pm | Closing Remarks (03:15:35 in video)
David Erickson, Head of Outreach & Education, Federal Reserve Bank of New York |
Speakers
CEO
Climate United
CEO
Native Community Capital
Head of Outreach and Education
Federal Reserve Bank of New York
Dr. Robert Galvin, MD
CEO, The Right Doctor
Senior Advisor, Blackstone
Co-Founder
South Bronx Unite
Director of Strategic Partnerships and Impact Investing
Federal Reserve Bank of New York
Director of Community Investments
Federal Reserve Bank of New York
Director of Community Development Analysis
Federal Reserve Bank of New York
Outreach & Education Visiting Scholar, Federal Reserve Bank of New York;
Co-Founder/Director, CEO Alliance for Mental Health
Former Governor of Massachusetts and Senior Advisor
The Vistria Group
Partner
The Bridgespan Group
President
The Rockefeller Foundation
Senior Vice President and Chief Academic Officer; Department of Pediatrics Chair
Seattle Children’s
President & CEO
Federal Reserve Bank of New York
President and CEO
Partnership for New York City
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