Legal Issues in Social Entrepreneurship and Impact Investing— in the US and Beyond New York University School of Law Vanderbilt Hall, 40 Washington Square South, New York City May 23–24, 2017 Conference Participants Conference Organizers: Follow along and join the conversation using the hashtag #NYULawGrunin May 23–24, 2017 New York University School of Law #NYULawGrunin III Conference Participants she was a political associate with an global investment, including sell-side award-winning political media strategy equity and privatizations. Prior expe- firm in Washington, DC, where she was rience includes working at a Brazilian responsible for research and analysis of company in Bahia, Xerox of Brasil, congressional, gubernatorial, and may- Women’s World Banking in the early oral campaigns and elections; ballot days of microcredit, and at a Chicago Hdeel Abdelhady referenda; and corporate media. community center at a pilot women’s Principal, MassPoint employment program. [email protected] Abrams is an impact investing industry Hdeel Abdelhady brings to the table a pioneer and thought leader through unique skill set and perspective, both authorship of more than 20 publica- products of cross-practice experience: tions and participation in 12 industry large firm, independent, and overseas standards–setting groups including practice experience, and proven ability the inaugural Global Impact Investing to engage effectively with clients, Julie Abrams Network’s (GIIN) Impact Investing and Founder and Managing Director, client personnel, and colleagues across Reporting Standards (IRIS) Financial Impact Investing Analytics geographic, industry, cultural, and Services Working Group and the Julie Abrams is founder and managing hierarchical lines. Economist Intelligence Unit’s Expert director of Impact Investing Analytics, Panel on Financial Inclusion. Abdelhady has represented financial a consulting firm specializing in impact institutions in conventional and Islamic investing in domestic, emerging, and Abrams was a fellow at the Lauder transactions, compliance, and gover- frontier markets. Her work focuses on Institute of Management and nance matters; counseled companies equity and debt impact investment International Studies, where she and banks on compliance with anti-cor- transactions through the investment earned an MBA from Wharton in ruption, anti–money laundering, and life cycle, risk management, corpo- finance and entrepreneurial man- sanctions mandates; and represented rate governance, financial and social agement and an MA in international parties in international investment performance, strategy, and train- studies focused on Latin America from transactions and disputes involving ing. Abrams has been involved in the University of Pennsylvania. She is a emerging and developing markets. Her over $250 million in impact investing Certified Expert in Risk Management regional experience includes matters transactions in more than 35 countries. from the Frankfurt School of Finance involving the United States, the Middle She currently serves as senior invest- and Management, holds a BA from East, Africa, Latin America, and Europe. ment and due diligence consultant Oberlin College, and is fluent in In addition, she has served as in-house for ImpactUs, a FINRA broker-dealer Spanish and Portuguese. counsel (on secondment from law impact investing marketplace launch- firms) to banks in Washington, DC, ing in 2017. Abrams is also structuring and Dubai. and launching a new Brazil-focused equity impact investment fund. She is Abdelhady has collaborated with a board member of WAM International government entities, public-private and is an investment committee partnerships, and businesses on member of the MicroBuild Fund, an strategies to grow investment links OPIC Impact Award–winning proof-of- between the United States and foreign Stephanie Abramson concept global microfinance housing Co-Director, Business Law jurisdictions. Her Middle East experi- investment fund as an appointee of Transactions Clinic, ence includes post–Arab Spring rule the Omidyar Network. Abrams served NYU School of Law of law and economic development on the Calvert Social Investment [email protected] advisory matters. Foundation’s investment committee Stephanie Abramson is a 1969 grad- Before founding MassPoint, Abdelhady for 12 years. Previously, at PwC’s uate of New York University School practiced with two US-based inter- Strategic Management Services, she of Law, where she was an editor of national law firms, in Washington, consulted to Fortune 500 companies the Law Review and is a member of DC, and in Dubai. Before law school, and governments with a focus on May 23–24, 2017 New York University School of Law #NYULawGrunin 1 Conference Participants its Board of Trustees. She teaches the Alfaro Gómez actively promotes Before Elysian, Allwin worked in-house Business Law Transactions Clinic at the socially responsible investments and at GoldenTree Asset Management, Law School and is the director of Law the enhancement of the social business a multibillion-dollar distressed debt and Business Experiential Courses and ecosystem in Costa Rica. He is also hedge fund, and worked as a tax an adjunct professor. She has an exten- in charge of business development attorney at Ernst & Young. She has a sive and varied background in financ- for s.e.e.d., scaling its model to other specific sector focus in aiding clients ing transactions, corporate law, and jurisdictions. on implementing efficient cross-border transactional representation, as both tax-planning strategies and navigating Since 2016, EY Law and s.e.e.d. have outside counsel and as general counsel regulatory changes. partnered and jointly provided services to several global companies. to several players related to impact Allwin received her BA from Johns Abramson practiced corporate law at investing and the startup ecosystem Hopkins University and MBA in finance Cleary Gottlieb and Morgan, Lewis & in Costa Rica. Both parties are actively from the Wharton School of Business. Bockius. She has been executive vice working on optimizing synergies She also has a master’s in European president, general counsel, and sec- and opportunities for collaborating studies, and a JD and LLM in tax. retary of Young & Rubicam Inc.; chief together in the space. She is admitted to practice law in legal officer and chief corporate devel- Massachusetts and New York. Allwin Alfaro Gómez holds a Juris Doctor opment officer of Heidrick & Struggles currently serves on the Hedge Funds from the University of Costa Rica and International Inc.; and most recently Care Grants Review Board, the Choate an MBA from the University of Oxford, executive vice president and general Rosemary Hall Alumni Executive where he was awarded the Skoll counsel of DoubleClick Inc. (acquired Board, and the Akilah Institute for Scholarship. He is also a Global Shaper, by Google Inc. in March 2008). Women Board. part of the World Economic Forum community of young leaders. José Miguel Alfaro Aviva Aminova Gómez Senior Corporate Counsel, Partner, s.e.e.d. Carolyn Kim Allwin Omidyar Network Co-Founder and Managing In 2009, José Miguel Alfaro Gómez Aviva Aminova works with Omidyar Director, Elysian Advisers launched s.e.e.d., a boutique firm Network’s investment team on struc- Carolyn Allwin is a co-founder targeted at impact investing, mainly turing investments and grants, con- and managing director of Elysian focused on covering all legal needs ducting due diligence, and reviewing Advisers, a boutique impact investing of startups, SMEs, social enterprises, legal documents. She provides general consultancy and think tank provid- NGOs, and impact investors ranging corporate counsel on legal issues ing strategic and financial advice to from high-net-worth individuals through including governance and investment foundations, investors, companies, institutional investors. He coordinates compliance, contract negotiation, and and organizations. Elysian’s mission legal affairs of outstanding ventures in maintenance of Omidyar Network’s is to propose practical, tailored, and various fields of the impact investing subsidiaries and related entities. measurable solutions to help its clients spectrum, such as sustainability, clean maximize their financial and social Before joining Omidyar Network tech, conservation, microfinance, fair returns. Allwin is also a social impact in 2011, Aminova was an associate at trade, culture, education, volunteering, investor, entrepreneur, and adviser to the law firm Fenwick & West, where health, sports, and development. early-stage companies. In 2013, she she advised technology startup com- launched Fertility Funds, a company panies on angel and venture capital supporting women seeking financing financings, mergers and acquisitions, for fertility treatments. and general corporate matters. She also provided pro bono legal support 2 Legal Issues in Social Entrepreneurship and Impact Investing—In the US and Beyond to local nonprofits and individuals seeking Violence Against Women Act (VAWA) visas. Aminova earned a JD from Yale Law School, where she was an editor of the Yale Law Journal and the Yale Law and Policy Review. She also received a Amy Bailey Navjeet Bal Associate General Counsel, Vice President and General Counsel, BA in economics and political science Investment Funds, Overseas Social Finance from Stanford University, where she Private Investment Corporation Navjeet Bal is vice president and graduated Phi Beta Kappa. Amy Bailey