Illumen Capital CEO-Professional Investors Let Racial Bias Cloud Their Judgment, Harm Their ROI from laura love katrina Watch Video

⏲ Duration: 11:11
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✓ Published: 06-Mar-2024

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Daryn Dodson previously led the Special Equities Program as a consultant to the Board of the Calvert Funds, a $12 billion pioneer of the impact investing field. Through this vehicle, Calvert maintains a portfolio of more than 40 funds on five continents, representing over 350 underlying portfolio companies. Prior to serving as a consultant to Calvert, Daryn served as Director of University and Corporate Partnership for The Idea Village, where he created a platform engaging leading private equity firms, business schools, and Fortune 500 companies to invest in New Orleans entrepreneurs post-Hurricane Katrina.<br/><br/>Mr. Dodson currently serves on the Board of Directors for Ben and Jerry’s.He earned his M.B.A. from Stanford, where he serves on the Dean’s Management Board, and his A.B. from Duke University.<br/><br/>Daryn Dodson sat down with Ali Jackson-Jolley to discuss how Black-led VC firms face more bias the higher they perform, how professional investors perceive “Blackness” as a risk, and why bias training is critical to closing the VC funding gap.<br/><br/>0:00 Introduction<br/>0:14 Daryn Explains The Growing Gap In Wealth Management<br/>1:39 How Do Managers Decide Who Is Worth The Investment<br/>4:24 What Tools Are Being Used To Close The Gap?<br/>6:24 Is There Hope?: Daryn Shares More On Addressing The Gap In Opportunities<br/>9:11 BIPOC Women And Where They Stand In The Wealth Gap<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.