Wed Nov 27 2024

This week on Swimming with Allocators, Earnest and Alexa welcome Bob Bancroft, VP of Finance and Mission Investments at the Nathan Cummings Foundation. Bob shares his journey from the coffee industry to impact investing, detailing the foundation's transformation to nearly 100% mission-aligned investments. He emphasizes the importance of collaboration, cultural shifts, and inclusivity in investment processes. Key highlights include adopting the “due-diligence 2.0” blueprint for manager selection and identifying a new OCIO who understands their goals. Also, Nick Talwar of Bottega8 outlines the 5 areas where he’s helping VCs implement AI to optimize their funds: sourcing, due diligence, portfolio tracking, marketing, and operations.