Event raised critical funds to benefit Youth INC’s work with 80 youth-centered nonprofit partners
Keynote Speakers included Oaktree Capital’s Howard Marks, 2020 Presidential Candidate John Delaney, and Rockefeller Capital Management’s Greg Fleming
NEW YORK, May 15, 2019 (GLOBE NEWSWIRE) -- Youth INC hosted its 12th annual State of the Market Investor Conference, which brought together luminaries in business and politics to discuss timely topics shaping the investing landscape. Since inception, State of the Market has raised over $4.5 million to benefit Youth INC’s network of 80+ youth-centered nonprofits that champion over 200,000 New York City kids each year. The 2019 Conference kicked off with a breakfast keynote from 2020 Presidential Candidate John Delaney interviewed by Michelle Caruso-Cabrera. This was followed by sessions on Impact Investing, Mobility, Cyber Risk, and CIO perspectives. The keynote lunch featured Howard Marks, Co-Founder and Co-Chairman of Oaktree Capital, interviewed by David Rubenstein, Co-Founder and Co-Executive Chairman of The Carlyle Group. New this year was a panel on professional sports team ownership moderated by NBA broadcaster Stephanie Ready. The conference was followed by a private dinner featuring Greg Fleming, Chief Executive Officer of Rockefeller Capital Management, and David Faber, Co-Anchor of CNBC's Squawk on the Street.
Rick Schifter, Senior Advisor of TPG Capital and Co-Chair of Youth INC’s National Advisory Board, opened the conference. “Today offers an opportunity for us to bring together business and political leaders to share their views on timely topics that are shaping the investment landscape,” he said. “The success of this event provides an unparalleled occasion where the business community comes together in support of New York City kids.”
“We are proud to have once again served as Presenting Sponsor at State of the Market,” said Margo Cook, President of Nuveen Advisory Services. “At Nuveen we believe that businesses can – and should – be a force for positive impact, and we see our support for Youth INC and its mission to help all NYC youth thrive as a key part of our effort toward that goal.”
“Youth INC is indebted to the amazing speakers who shared their insights and perspectives with us as well as our loyal and generous sponsors who make this event possible. Combined with our dedicated Board and National Advisory Boards, our speakers and sponsors help us advance our mission: to transform the lives of NYC kids by empowering the nonprofits that serve them,” said Rehana Farrell, Executive Director of Youth INC.
Speakers included: Peter Ammon (University of Pennsylvania), Peter Beshar (Marsh), David Blitzer (Blackstone), John Casesa (Guggenheim Partners), Jamie Dinan (York Capital Management), Jen Easterly (Morgan Stanley), Clara Fain (Via), Michael Granoff (Maniv Mobility), Christopher Hetner (Marsh), Jon Ledecky (New York Islanders), Teresa McTague (AFLAC), Randal Milch (NYU), Sanaz Raczynski (Nuveen), Stephanie Ready (Turner Sports), Frank Reig (Revel Transit), Rick Spencer (Barings), Anastasia Titarchuk (NY Common), Brian Trelstad (Bridges Fund Management), Ted Virtue, (MidOcean Partners), Martin Whittaker (JUST Capital), Jeff Wilpon (Sterling Equities), Lauren Taylor Wolfe (Impactive Capital).
Nuveen served as Presenting Sponsor. Marsh served as Elite Sponsor. Other sponsors included Alvarez & Marsal, Gladstone Place Partners, Knighthead Capital Management, Barbara Marcin, Rick Schifter, ReedSmith, Ropes & Gray, AlixPartners, Alphaserve, Contemporary Leadership Advisors, Gibson Dunn, Latham & Watkins, Dhan Pai, Scotiabank, Wells Fargo, Caesars, Debevoise & Plimpton, First Republic Bank, Simpson Thacher & Bartlett, and Zurich.
Contact:
Vanessa Marquez
vmarquez@youthinc-usa.org
(212) 401-4049
About Youth INC
Youth INC’s mission is to transform the lives of NYC youth by empowering the organizations that serve them. Youth INC’s network of 80 grassroots nonprofits collectively champion the lives of more than 200,000 young people across New York City. Youth INC provides our nonprofit partners with the coaching, capital and connections to achieve sustainable growth and maximize their impact. Our fundraising, governance and impact evaluation programs yield incredible results. Over the course of a partnership with Youth INC, our partners experience average growth in revenue of 173%, board size of 33%, and youth served of 157%. Using our pioneering Metrics Platform, our partners helped 83% of their young people surveyed to improve key Social and Emotional Learning (SEL) skills that scholars agree are the most predictive indicators of success in school, career and life. Since inception, our venture philanthropy model has raised over $95 million and empowered over 175 nonprofits, impacting the lives of 1 million NYC youth.