Emilie Cortes, FTMBA 02 - “Mountaineer Chica” Changing the Game for Diverse Fund Managers
In celebration of International Women's Month, Sean Li, together with special co-host Keitha Pansy, welcomes Emilie Cortes, a full-time MBA class of 2002. She is the Treasurer at Compton Foundation and the Chief Financial Officer at Toniic. Emilie shares how being a "secret genius" paved the way for a finance career and how her love for mountaineering helped launch her entrepreneurial path. She also talks about how she got into the global impact investing ecosystem when she joined Toniic, a nonprofit organization with a powerful mission aligned with her passion. Emilie also explains the articles she co-wrote with fellow Haas alum Tracy Gray, which focused on community foundations and five action items that people can apply in their organizations, especially those focusing on gender equity or racial justice. *Episode Quotes:* ----------------- "Somebody calls me the secret genius because I don't look the stereotypical image of what a smart person looks like. I like that triple threat because people have low expectations, and then I get a chance to blow them away." "The first issue we wanted to dismantle was the misconception that women and people of color as funded managers are more risky. I have not yet seen a single study that says less diversity is better, not one. And I've never seen or heard of a study that said polished presentations equals higher returns. So, this is really in the bias land because all the data is that women and people of color are less risky and perform better." "If your goal is to help women and people of color and you're not helping your managers who are women and people of color, it's quite hypocritical." *Show Links:* ------------- • LinkedIn ( https://www.linkedin.com/in/emiliecortes/ ) • How Foundations Fail Diverse Fund Managers and How to Fix It ( https://ssir.org/articles/entry/how_foundations_fail_diverse_fund_managers_and_how_to_fix_it ) • Goldman Sachs on Women and Mixed Gender ( https://www.ft.com/content/021a1b60-a5fa-42ad-83b4-482268cac7ac ) Support this podcast at — https://redcircle.com/onehaas/donations
