Impact Capitalism Atlanta
Making Money In Sustainability & Social Change
Past Cities: San Francisco, Philadelphia
May 3, 2012
Presented by
Atlanta, Georgia
Impact Capitalism Atlanta is an interactive gathering of
decision-makers with investable assets interested in achieving
superior financial, environmental & social returns from their
capital.
A myth exists: In order to achieve environmental and
social change one must settle for lower financial
returns. SOE Atlanta provides a peer venue of
education and opportunities debunking this myth.
SOE Atlanta is designed for family offices, family
principals, and private foundations and executive
staff directly involved in investment decision-making
who are exploring new ways to align assets and
mission.
Featuring lead-off keynote
remarks from Stephen
Viederman, former president of
the Jessie Smith Noyes
Foundation and an expert on
sustainable investing.
LOCATION
Fund managers from various asset classes will
present including public equities and debt, and
private equity.
11:00am – 12:00pm
Panel – 4 Case Studies
12:00pm – 1:00pm
Networking Lunch
Cherokee Town Club
155 West Paces Ferry Road, NW
Atlanta, Georgia 30305
EVENT AGENDA
8:30am – 9:00am
Networking breakfast
9:00am – 10:00am
Keynote: Stephen
Viederman, Thought Leader in Sustainable
Investing
10:00am – 11:00am
Panel – Making Money
Through Values-based Investing
RSVP
Seating is limited. There is no fee to attend this
event, but registration is required. Please register
at events.mcguirewoods.com/soe. For more
information, please contact Amy Norris
at [email protected] or 704.343.2228.
ABOUT
Foundation Source provides management and advisory services to more than 1,000 private foundations worldwide. The firm steps in to operate,
advise and strengthen all working aspects of the foundation, allowing foundations to focus on their mission.
McGuireWoods LLP is an international law firm with more than 900 lawyers and 19 offices in the U.S., U.K. and Europe and serves
public, private, government and nonprofit clients.
Watershed Capital Group advises companies and fund managers committed to generating solid financial returns and positive environmental and
social outcomes. The firm works with clients focused on the following areas: clean technologies, sustainable business models and social impact
enterprises.
Impact Capitalism Atlanta
Making Money In Sustainability & Social Change
KEYNOTE
Stephen Viederman, Former President, Jessie Smith Noyes Foundation
Stephen Viederman is a former President of the Jessie Smith Noyes Foundation, a pioneer in impact investing. Mr.
Viederman's writing, speaking and advocacy cover a wide range of issues that include: redefining the fiduciary duty of
foundations and other institutional investors, recognizing the obligations and rights of being a shareowner in today’s
world; economic and environmental justice including community-driven community development; the limits of corporate
responsibility; the role of philanthropy in democracy; science, higher education and public policy; and issues
surrounding the conceptualization and practice of “sustainability.” A native New Yorker, Mr. Viederman received his BA
and MA in history from Columbia University in the mid-fifties. He lives in New York with his wife of 51 years, a social
worker. His grandchildren live in Amherst, Massachusetts and London, England. He is a photographer and serious cook, a
beginning student of Australian Aboriginal Art and history.
PANEL 1
Dennis Belcher, Partner, McGuireWoods
Mr. Belcher routinely represents high-net worth individuals, families and family offices on a variety of sensitive and
complex estate and business planning matters. He also focuses his practice on estate and trust administration,
charitable planning, and sensitive fiduciary litigation and dispute resolution. Mr. Belcher is past president of the
American College of Trust and Estate Counsel and was previously chair of the American Bar Association's Real Property,
Trust & Estate Law Section. He is a member of the Advisory Committee and a frequent speaker at the Heckerling
Institute of Estate Planning sponsored by the University of Miami School of Law, ALI-ABA estate planning seminars, and
numerous other seminars. He is a trustee of the Southern Federal Tax Institute and a member of the advisory board of
BNA Tax Management, Estate, Gifts and Trusts magazine. In addition, he has been listed in Town & Country magazine as
one of the top 45 estate planning lawyers in the United States.
Genia Topple Cacye, Consultant, Rockdale Foundation
Genia Topple Cayce managed the philanthropic arm of Gray Ghost Ventures where she served as Program Director of
Gray Matters Capital, a private operating foundation, as well as the Executive Director of the Rockdale Foundation, a
grant-making foundation. Genia oversaw the foundations' investments in education and other mission-related activities in
India. She joined the Rockdale Foundation in 2003 as Program Officer for Microfinance and spearheaded the
Foundation’s activities in the Middle East. Prior to joining Rockdale, Genia was an analyst with Glover Capital where she
specialized in mergers and acquisitions. An active member of Atlanta’s civic community, Genia currently sits on the
boards of the Decatur Preservation Alliance and the Decatur Education Foundation. Genia is a graduate of the
Thunderbird School of Global Management and she completed her undergraduate studies in history at Furman
University.
King McGlaughon, CEO, Foundation Source
Prior to Foundation Source, Mr. McGlaughon most recently served as chief philanthropic officer for Wells Fargo
Philanthropic Services and as managing executive of Wachovia’s Nonprofit and Philanthropic Services Group. Previously,
he served as first vice president and director in Merrill Lynch’s Wealth Management Services group and as director of
the Merrill Lynch Center for Philanthropy and Nonprofit Management. In addition to his roles in the private wealth
sector, King served as the provost and dean at The American College in Bryn Mawr, PA, where he also held The Sallie
B. and William B. Wallace Chair in Philanthropy in the school’s graduate division. Mr. McGlaughon is a graduate of The
University of North Carolina at Chapel Hill, where he was a Morehead Scholar, and the University of North Carolina
School of Law. He is also a graduate of The General Theological Seminary in New York, NY, and is a priest of the
Episcopal Church. King speaks regularly at national, regional and local events on the topics of philanthropy and wealth
management, nonprofit governance and management, charitable planning for individuals and families, and management
and planning for private foundations.
Presented by
Impact Capitalism Atlanta
Making Money In Sustainability & Social Change
Panel 1
(continued)
Matthew Weatherley-White, Partner, The CAPROCK Group
Matthew Weatherley-White is an emerging impact thought leader, specifically as it relates to portfolio integration and
“capacity building” investments. He has presented and participated in panel discussions at leading conferences,
including SALT, SoCap, Play Big, Take Action! and SRI in the Rockies. Most recently, he was a contributor to “A New
Foundation for Portfolio Management”, published by RSF Social Finance and Portfolio 21 which challenges conventional
assumptions around risk, growth and capital utility, and suggests a radical new approach to Modern Portfolio Theory.
Matthew is a founding partner at The CAPROCK Group – a global family wealth management firm with offices in Seattle,
Silicon Valley and Boise, and led his firm’s successful effort to become a founding B Corp in 2007. Matthew received a
double-major degree from Dartmouth College, graduating “With Distinction”. He currently serves as a Chairman for the
Lee Pesky Learning Center, an organization he joined as a founding board member in 1997, and has won multiple
national and world championships in a variety of endurance sports. When not working, he can usually be found in the
mountains, encouraging his daughter to love wilderness with the same enthusiasm as her father.
Sam Moss, President, Impact Advisory Services
Sam works with foundations and organizations on a broad range of projects, frequently around impact investment and
social enterprise. At Gray Ghost Ventures, a $200 million Family Office based in Atlanta, Sam was a member of the
senior team investing in microfinance and in early stage enterprises in the developing world focused on underserved
populations. He also served as Board President of Gray Matters Capital, a related operating foundation, which
structured a $10 million mission related investment portfolio and initiated and collaborated on projects in microfinance
education, affordable private schools in India and promoting awareness of impact investing. He spent more than 20
years at Wachovia Bank and held executive positions in International and Corporate Banking, Capital Markets and Wealth
Management. Sam is a graduate of Williams College.
Shawn Lesser, Co-Founder & Partner, Watershed Capital Group
Shawn has over sixteen years experience in international equity sales with a focus on Europe. Shawn is formally the CoHead and Managing Director of the international equity teams at Morgan Keegan and at NDB Deutsche Bank. He is also
Founder of Sustainable World Capital an investment bank which assists cleantech companies raising capital from
European institutional investors. In 2011, Sustainable World Capital merged with Watershed Capital Group. Shawn Lesser
is Co Founder & Partner at Watershed Capital Group. Watershed Capital Group works with clients to develop and execute
strategies for raising capital, acquisitions, exits and other strategic financial decisions. Shawn Lesser is a leading
international consultant serving Cleantech companies and those interested in working with them. Shawn is also cofounder of the organization the Global Cleantech Cluster Association which is committed to the global commercialization
of the best-in-class clean technologies. The GCCA is a growing partnership of over 35 of the world’s top cleantech
clusters.
PANEL 2
Adam Seitchik, Head of Research, Highwater Global
Adam Seitchik, Ph.D., CFA, Head of Research for the Highwater Global sustainable global public equity investment
strategy. Adam has been involved in the investment business since 1990. He is Executive Director of The Sustainable
Investment Research Center LLC (SIRC). Previously Adam was Managing Director at Auriel Capital where he was
responsible for identifying industry-level ESG factors influencing corporate financial performance. Adam's career in
sustainable investing began at Trillium Asset Management in Boston, where he was the Chief Investment Officer and CoCEO, overseeing $1 billion in investment portfolios integrating ESG and financial factors into a value-added stock
selection process. The author of Climate Change from the Investor’s Perspective (for the Civil Society Institute), Adam is
a frequent writer and speaker on sustainable investing. He is a trustee of the Hyams Foundation in Boston and serves as
chair of the Investment and Finance Committee. Adam is also on the Board of Bainbridge Graduate Institute, a pioneer
and leader in sustainable business education. Adam holds a Ph.D. in Economics from Boston University and is a
Chartered Financial Analyst.
Presented by
Impact Capitalism Atlanta
Making Money In Sustainability & Social Change
PANEL 2
(continued)
Gil Crawford, CEO, MicroVest
Mr. Crawford is Chief Executive Officer and Chief Investment Officer of MicroVest. He is responsible for leading the
company's investment operations and strategy since MicroVest’s founding in 2003. As MicroVest's CEO, he led the launch
of MicroVest I, LP, the first commercial private equity vehicle focused on microfinance in North America. Mr. Crawford
has 25 years experience with microfinance institutions and capital markets across the globe.
Before helping to found MicroVest Capital Management, Mr. Crawford worked for the Latin American Financial Markets
Division at the International Finance Corporation (IFC), and focused on investments in microfinance institutions. Prior to
joining IFC, Mr. Crawford created and ran Seed Capital Development Fund, a US based non‐profit firm, involved in
creating financial instruments and attracting funds to capitalize microfinance institutions, primarily in Latin America,
Asia and Africa. Mr. Crawford serves on the Steering Committee for the Agriculture Finance Support Facility, a World
Bank initiative supported by the Bill and Melinda Gates Foundation.
Jamie Horwitz, Senior Vice President, Community Capital Management
Jamie Horwitz is a Senior Vice President at Community Capital Management responsible for strategic marketing
initiatives, media relations, RFPs, marketing compliance, and supporting the firm’s institutional marketing efforts. Jamie
previously worked in the Corporate Marketing department at Bear, Stearns & Co. Inc. and as a credit analyst at Chase
Manhattan Bank in New York City. She holds a BA in Economics from The University of Michigan. Jamie is on the Board
of Directors of PAICR and is also a mentor for Take Stock in Children, a non-profit organization that provides college
scholarships for low-income and at-risk students in Florida.
Karl Khoury, Co-Founder & Partner, Arborview Capital
Karl is a founder of Arborview Capital, co-heads the investment team and co-manages the operations of the firm. Prior to
co-founding Arborview Capital, he had twelve years of experience identifying, consummating and managing private equity
investments with Columbia Capital, a sector-focused venture capital firm with over $2 billion under management. During
that time, he invested in 13 companies with a primary focus on enterprise and communications software, security,
and managed IT services. Prior to Columbia Capital, Karl worked at J.P. Morgan & Co. in New York and San Francisco
where he specialized in corporate finance and capital markets for technology and communications clients. Karl currently
serves on the boards of directors of LRI, Paragon Airheater Technologies, and Drexel Metals, and previously served on
the boards of nine of the investments that he managed at Columbia Capital. He also currently serves on the Board of
Trustees of the Levine School of Music, a leading independent music school based in Washington, DC. Karl received a BS
in Finance from Lehigh University.
Michael Whelchel, Co-Founder & Partner, Watershed Capital Group
Michael has sixteen years experience financing, acquiring, selling, growing, and operating small and middle market
companies. His experience has included start-ups and later-stage companies in a range of industries. He has played key
roles in the early stages of two investment firms both focused on middle market companies. In these roles, he has
managed the full investment process including sourcing, deal structure, due diligence, negotiations, financing, portfolio
management, sales on the exit, and fund raising. He received his BA summa cum laude, Phi Beta Kappa from the
University of the South in Sewanee, TN and received a joint MBA and MEM (Master of Engineering Management) from
the Kellogg School of Management, Northwestern University. Michael is a board member of SJF Institute and is a
member of the Social Venture Network, Investors Circle, Net Impact, and US Green Building Council.
Presented by