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Goldhirsh Foundation Names Groundbreaking All-Female Investment Committee
AstraAstra(US:ASTR) Prnewswireยท2024-03-14 14:00

Core Insights - The Goldhirsh Foundation has established an all-female investment committee, believed to be the first of its kind at an organization of this size and scope [1][2] - The foundation has an endowment of approximately $60 million and aims to invest in a mission-aligned manner, having shifted to 100% mission-aligned investing since early 2023 [2] - Research indicates that female-inclusive investment committees can outperform male-only teams, showing a 27% higher likelihood of substantial value creation [3] Investment Committee Members - Shana Barghouti is the Co-Chief Investment Officer at ReMY Investors, with prior experience at Angeles Investment Advisors and Wilshire Associates, holding an MBA from UCLA and an AB from Harvard [4] - Natasha Case is the Co-Founder and former CEO of Coolhaus Ice Cream, now the Founder and CEO of Lunch Bunch, with a background in cultural affairs and numerous accolades including Forbes 30 Under 30 [5][6] - Celestine Schnugg is the Founding Managing Partner of Boom Capital, recognized for early investments in notable companies like Mammoth Biosciences and SpaceX [6] - Ruth Wernig served as the Chief Investment Officer of The California Endowment, managing a $3.5 billion endowment and focusing on diversifying investment managers [7] Foundation's Investment Focus - The Goldhirsh Foundation invests in funds that aim to maximize human potential and wellness, including Collaborative Fund, Lowercarbon Capital, and Clean Industry Ventures [4] - Direct investments are made in enterprises such as Sonera, Encantos Media, and Good Mvmt, reflecting the foundation's commitment to innovative and impactful ventures [4]