For the past six years, I have proudly sponsored the MBA Impact Investing Network & Training (MIINT) program at Wharton School of the University of Pennsylvania. MIINT attracts bright young minds from around the world to participate in a year-long program where they learn about social and environmental impact investing, an inspiring concept to me [...]
One of the things in this business that really inspires me is the entrepreneurial ideas that people develop to support their communities. Take Harlem Capital Partners for example - a young venture capital firm based out of Harlem. I met with them recently for VICE TV’s program Hustle, and they pitched me to come on [...]
Photo courtesy of the Washington University School of Medicine Image: Sandy Loewentheil (L), Ting Wang, PhD (C) and Karen Loewentheil (R) My L+M co-founder Sandy and I have always shared a commitment to investing in our communities, and I was excited to hear that he and his wife have recently endowed a new professorship at [...]
At L+M, our commitment to the double bottom line is critical to our success. More than that, our desire to strengthen communities drives our organizational culture. Each member of our team is committed to seeking out opportunities that focus on supporting people in the communities where we work. As part of this commitment, L+M is [...]
Via New York Magazine Earlier this week Tap into Newark ranked The New Jersey Bell building (recently renamed Walker House) and 155 Washington Street as two of the top five projects to watch in Newark in 2019. The article highlights the flurry of development in the area, with a focus on Downtown Newark. [...]
Recently The Today Show featured a story about Steven Pacheco, one of the inaugural Moelis Social Entrepreneurship Fellows. Steven is a member of the team that won the 2018 Echoing Green’s The Future of Work Social Innovation Challenge for their app, CONNECTr. The team designed the app, which I’ve mentioned on this blog before, to [...]
Joseph Mahmud and Steven Pacheco present CONNECTr, an app to assist formerly incarcerated with employers, at John Jay College in New York City. Last year on this blog I mentioned that I’ve partnered with John Jay College to create the Ron Moelis Social Innovation Fellowship. The Fellowship is meant to support students who [...]
Earlier this month, leaders from across the construction industry gathered to celebrate women in construction, including two of our own from L+M. I’d like to congratulate Bernadette Amarosa and Amy Cordone, winners at this year’s Outstanding and Next Generation of Women Builders Annual Awards. The annual awards recognize exceptional women in the construction industry [...]
Via New York Magazine I found this article, "The Urban Housing Crisis Is a Test for Progressive Politics" by Jonathan Chait, to be well worth the read. It's an interesting piece about NIMBYism (not-in-my-backyard) and fears of gentrification. Living and working in New York City, we are witness to a lot of change and [...]
Earlier this year, I shared the news of the first building at Essex Crossing nearing completion. Now, residents have moved in. Read more about the new residents of Frances Goldin—A Homecoming 50 Years in the Making, New York Times The building, named for local activist Frances Goldin, is a 100% affordable [...]