Investing in Community Development and Other Emerging Domestic Markets

May 16, 2008
8:30 a.m. to 3:00 p.m.
New England Room
Federal Reserve Bank of Boston

Sponsored by: The Federal Reserve Bank of Boston, the School of Community Economic Development at Southern New Hampshire University, and AltruShare Securities


8:30 – 9:00 a.m.

Continental breakfast

9:00 – 9:15 a.m.

Conveners’ Welcome
Richard Walker, Vice President & Community Affairs Officer, Federal Reserve Bank of Boston

Michael Swack, Dean, School of Community Economic Development, Southern New Hampshire University

9:15 – 9:45 a.m.

Overview of Key Issues
Michael Swack pdf

9:45 – 10:00 a.m.

Question & Answer Session

10:00 – 10:45 a.m.

Heron Case Study
Luther M. Ragin, Jr., Vice President for Investments, The F.B. Heron Foundation pdf

10:45 – 11:00 a.m. Question & Answer Session
11:00 – 11:15 a.m. Break
11:15 – 12:00 p.m

Panel One: Debt
Moderator: Peter Drasher, Managing Director, AltruShare Securities, LLC

Frank Altman, President & Chief Executive Officer, Community Reinvestment Fund pdf

Elyse Cherry, Chief Executive Officer, Boston Community Capital and President, Boston Community Venture Fund pdf

David Sand, President & Chief Investment Officer, Access Capital Strategies, LLC, CEO and Chief Investment Officer, Access Capital Strategies Community Investment Fund pdf

12:00 – 12:15 p.m. Question & Answer Session

12:15 – 1:45 p.m.

12:45 p.m.

Lunch and networking

Introduction of Keynote Speaker
Eric Rosengren, President & Chief Executive Officer, Federal Reserve Bank of Boston

Keynote Presentation
Congressman Barney Frank, US Rep. Barney Frank (D-4th District, Massachusetts), Chairman, House Financial Services Committee

1:45 – 2:30 p.m.

Panel Two: Equity
Moderator: Anna Steiger, Senior Research Associate, Federal Reserve Bank of Boston

Saurabh Narain, Chief Fund Advisor, National Community Investment Fund and Senior Managing Director at ShoreBank Corporation pdf

Cory Nettles, Managing Director, Generation Growth Capital pdf

Kerwin Tesdell, President, Community Development Venture Capital Alliance pdf

2:30 – 2:45 p.m.

Question & Answer Session

2:45 – 3:00 p.m. Next steps