WELCOME TO

This year's event is VIRTUAL

About the NYC Event

Culture Shifting Weekend NYC is the largest gathering of Black and Latinx VCs to solve for the inequality in this sector. To date, we've enabled over $150M to be invested in VCs that show up. This weekend offers institutional investors, social impact investors, angel investors, corporate venturers, and the investment community-at-large direct face-to-face engagement with the burgeoning Black and Latinx venture capitalist GP community. The goal of this invite only event is to increase LP money flowing to this vast and growing ecosystem. Our 2019 event featured 285 guests, including: 60 venture capitalists and 50 investors.  

Our 2020 event will feature many established and up & coming GPs from our ecosystem, and offer an inside look at the current state of this niche asset class: what trends are emerging, what partnering models are working, and what deals are getting done.  As with all of our events, enabling deals & collaborations is our goal. Gaining first-hand knowledge of what is happening and building direct connections in this community are guaranteed.

Our attendees have an "abundance" mentality.
That means they want to help their peers succeed by

opening doors, writing checks, or both.
This year we are expecting:

13

Sponsors

300

Guests

60

VCs

50

LPs

Past Speakers Include

Who Should Attend?

VENTURE

CAPITAL

COMMUNITY:

Black & Latinx VCs who have their own funds or work for funds. This can range from new funds to more established, larger funds.

LIMITED

PARTNERS:

Angel

Institutional

Fund of Funds

Family Office

Impact Investors

Sovereign Wealth

EXPERTS & ALLIES

FROM:

Corp. Venture Funds
 

Individuals who can provide access to new LP money for our Black & Latnix ecosystem.

Event Information & Agenda

PRE-CULTURE SHIFTING WEEKEND SPECIAL VIRTUAL EVENTS

AUGUST 20

  FREE & open to the public!  

Fireside Chat with Jay Clayton, Chairman of the U.S. Securities & Exchange Commission

Thursday, August 20

4:00-5:00PM EDT

  • Trends in early stage capital formation

    • e.g., Investor considerations, IPO trends

  • Diversity in Asset Management Industry

    • e.g., Impact of 13F on smaller firms

  • Financial Education and Empowerment, and wealth creation

  • Current SEC Priorities

  • Roles at the SEC and public service comments

Moderated by Osei Van Horne, Managing Director, Wells Fargo Strategic Capital

Osei is the Managing Director and founding member of the Technology Division of Wells Fargo Strategic Capital (merchant bank), a multi-strategy growth capital and private equity investment vehicle, that was named a top 50 venture investor by Global Corporate Venturing in 2020.​

SEPTEMBER 29

Event with Sovereign Wealth Funds; includes 1:1 GP/LP Meeting

Tuesday, September 29 

12:00PM-1:30PM EDT

  • 60-minute panel discussion & 30-minute Q&A

  • Option to stay on for another 90 min. to meet top Black and Hispanic GPs sponsored by

Speakers:

Abdiel Santiago

Chief Executive Officer, Fondo Ahorro Panama

Stella Ojekwe-Onyejeli

Chief Operating Officer, Nigerian Sovereign Investment Authority

Ross Strike

Venture Capital,

CDC Group

Darrin Redus

Executive Director, Cincinnati Minority Business Accelerator

JaNay Queen Nazaire

Chief Strategy Officer, Living Cities

SESSION OVERVIEW

The Covid pandemic has highlighted and magnified deeply rooted inequalities in societies across the world. 

 

In the US, Black and Hispanic communities have long suffered from a lack of investment in their social services, their infrastructure, and their businesses. The resulting gaps in wealth as well as education and health outcomes have rendered these communities highly vulnerable to economic shocks. The same story is playing out in Afro-Caribbean, South Asian, and Middle Eastern communities across Europe. 

 

Meanwhile, the emerging economies in Africa and Latin America require trillions of dollars in sustainable development investment each year to raise their productivity—and subsequently their standard of living—to levels of high-income countries. 

 

A direct and highly effective way to close these gaps is to invest in the businesses of talented entrepreneurs of African and Hispanic origin across these continents. By connecting African and Hispanic diasporas through the exchange of capital, commerce, and innovation, we create the opportunity to build global businesses that will generate extraordinary financial and social returns for people of color. 

 

In this session, we will explore how to achieve this goal, by bringing together a global group of leading SWFs, development investors, and business-building platforms that share this vision. Indeed, could Inclusion become a global asset class?

WHAT YOU WILL LEARN

  • The challenges being faced by Black and Hispanic communities in the US, as well as the economies in Africa and Latin America in the post-Covid world.

  • How investing in a network of untapped entrepreneurs across the African and Hispanic diasporas can be part of the solution.

  • How GPs and entrepreneurs can work with SWFs and development investors to expand their investment platforms into new markets.

  • How LPs and GPs can tap into channels of exceptional Black and Hispanic-owned companies across multiple continents.

Dr. Indranil Ghosh
Founder & CEO
Tiger Hill Capital

 

Dr. Ghosh is an MIT-trained scientist, impact investor, author, and global authority on sustainable economic development.

 

His acclaimed new book “Powering Prosperity: A Citizen’s Guide to Shaping the 21st Century” is a defining work that charts an investment-led roadmap for social equity, global sustainability, and community rejuvenation.

 

Dr Ghosh is a principal of the Network of Untapped Entrepreneurs (NUE) Initiative whose goal is to steer more than $1 billion of capital into businesses owned by people of color globally.

 

He is also CEO of Tiger Hill Capital, a London-based firm investing in the transition to a global low-carbon economy. 

CULTURE SHIFTING WEEKEND

Friday & Saturday, November 6 & 7

FRIDAY

NOVEMBER 6

10:00AM - 2:00PM EST

10:00AM-10:45AM

KEYNOTE SPEECH

Sponsored by

11:00AM-11:15AM

DIVERSITY TRENDS & VC SUCCESS STORIES

In recent years, both the media and the market has called into question the allocation of venture dollars to Black (2%), LatinX (1%) or women of any color (10%). There has also been a rising chorus of questions about the gender, ethnicity and race of the allocators with clear correlations between diverse fund managers and diverse portfolios. Add to that the research about the superior returns from diverse teams and the obvious question is why are we not seeing more investment? Here we discuss direction and speed of change in the marketplace.

Maryam

Haque

Executive Director, Venture Forward

In this fireside chat, we have a meeting of power brokers. Marcelo Claure, founded a unicorn, turned around a public company and sits atop a multibillion dollar juggernaut credited (or blamed) for shifting the entire structure of the late stage venture arena. José is a power player in the PE industry with $25B AUM and over 200 investments. We are excited to have them here and hear about their experiences and their perspectives on the market.

Marcelo Claure

CEO of SoftBank Group International

Interviewed by:

José E. Feliciano

Co-Founder & Managing Partner
Clearlake Capital

Sponsored by

11:30AM-12:30PM

FAMILY OFFICE PANEL

Family offices and high net worth individuals are the most likely LP prospects for smaller funds. They play a critical role in defining the landscape and opportunity set for new funds. So how do GPs get to know these power players in investing? And what matters to them? How are they reacting to COVID-19 and the recent civil unrest? And what's coming up next?

Sponsored by

Panel Moderator:Rebecca

Rooney

SVP, Private Wealth Mgt., UBS

Mike

Wohl

Chief Investment Officer, CEAS Investments I, LLC

Jeff

Scheer

Managing Director & Partner, Pathstone

Esther

Tricoche

Director of Investments, Kapor Capital

12:45PM-12:55PM

GEOGRAPHY TRENDS & OPPORTUNITIES POP-UP

Steve Case has been pushing a narrative about the "Rise of the Rest" for several years now, which is the belief that the disproportionate investment of venture capital in NY, CA and MA (75% of US Total) will start to and must even out. There is a similar but derivative view about the US and the West relative to other countries. In a post pandemic world where the tech giants are pushing for a more remote workforce, we could be seeing the tipping point to this scenario of more broadly distributed entrepreneur ecosystems and venture funding. While competition is only getting steeper in Silicon Valley, New York, and Boston, communities across the country are growing faster than ever - both in terms of funds and founders. What does this mean for fund managers of color? Where are the biggest pockets of activity? What's happening now - and what's next?

Lewam Kefela

Senior Investment Lead,
Village Capital

Anna

Mason

Partner, Rise of the Rest Seed Fund

CLOSING REMARKS

1:00PM-2:00PM

1:1 GP/LP MEETINGS
(POST-EVENT)
*BY INVITE ONLY

Sponsored by

SATURDAY

NOVEMBER 7

10:00AM - 2:30PM EST

10:00AM-11:00AM

BIG BANKS SPARKING
#CULTURESHIFTS

Banks have traditionally been considered a source of the problem of access to capital for people of color. Lately, some Banks are making significant commitments to inclusivity - time, money, energy. With the Final Volcker Rule effective as of October 1, Banks have more flexibility to invest directly into venture firms. Who is making moves and what do they look like?

Panel Moderator:Devin

Banerjee

Sr. Editor, Financial Services, LinkedIn

Vanessa Colella

Chief Innovation Officer, Citi

Margaret Anadu

Partner & Managing Director, Urban Investment Group,

Goldman Sachs

11:10AM-12:10PM

KEYNOTE SPEECH

Dan Schulman is not only the CEO of Paypal but he is a prime example of a new generation of purpose driven leaders. Dan was among the first to commit to support the Black Community with a $500m+ investment. In this fireside we look forward to hearing about how Dan sees the role of Paypal in this moment and the opportunity he sees in investing in the Community.

Dan Schulman

President & CEO of PayPal

Interviewed by:

Lisa M. Coleman, Ph.D.

SVP, Global Inclusion and Strategic Innovation

New York University

Sponsored by

12:15PM-1:15PM

IMPACT INVESTORS

PANEL

Inclusive impact is increasingly on the minds of foundations and investors across the country and around the world. Who are the thought leaders and who are making big moves? What's coming next? And what do GPs need to know?

1:15PM-2:15PM

CORPORATE INVESTORS

PANEL

Sponsored by

There are a new wave of Corporates looking to partner with and invest in select GPs with unique perspectives and capabilities. What are they looking for, and what do you need to do in order to get in touch with them?

Panel Moderator:Jackson

Cummings

Investor, Salesforce Ventures

Osei
Van Horne

Mng. Dir., Wells Fargo Strategic Capital

Mark

Crawford

Managing

Director,
Stanley
Ventures

Erin

Yang

VP & Chief Technologist, Workday Ventures

Mario

Ruiz

Investor,
PayPal
Ventures

Panel Moderator:Marla

Blow

SVP, North America Social Impact, Mastercard

Michelle Spivak

Sr. Director of Business Development, Strategic Investments, Local Initiatives Support Corporation

Drake

Hicks

Sr. Analyst, Investments &

Impact Investments, The JPB Foundation

Rashmi Pendse

Vice President,

Citi Impact Investing

CLOSING REMARKS

SPONSORS

Host Committee

WILLIAM CROWDER // Entrepreneur in Residence, Morgan Stanley; Managing Partner, 42 Venture Partners

VERNON LEE, JR. // General Partner, The Marathon Fund; Founder, Brightwood Management Partners

DUSTIN SHAY // Senior Director, Partnerships, Village Capital

Interested in Attending, Speaking or Sponsoring?

Fill out the form at the bottom of this page.

DID YOU KNOW?

 Over $150M has been invested in VC funds represented at Culture Shifting Weekends NYC by LPs attending the events.

Our goal is to at least double that this year.

Join us!

Team

Founder &
Executive Producer

ANDREA HOFFMAN // Founder & CEO,
Culture Shift Labs

Partner

DENMARK WEST //

General Partner,
Connectivity Ventures

Chair

REGINALD VAN LEE //

Chief Transformation Officer,
The Carlyle Group

ABOUT
CULTURE SHIFTING WEEKENDS

Culture Shifting Weekends is an annual invite-only bi-coastal event that takes place in Silicon Valley and Silicon Alley. These are the only events of their kind in the United States that unite over 400 accomplished Black & Latinx tech executives, entrepreneurs, investors, innovators and social impact leaders in order to enable collaborations and consummate deals.
 

Each coast has a different format; Silicon Valley is the largest gathering of Black leaders in tech, innovation and social impact to solve for the inequity in entrepreneurship, on corporate boards, in tech and in the c-suite. Silicon Alley is the largest gathering of Black and Latinx Venture Capitalists to solve for the inequality in this sector. 

 

 Culture Shifting Weekend is an annual signature event of Culture Shift Labs; a diversity & innovation management consultancy.

ABOUT CULTURE SHIFT LABS

We are a group of strategists, deal-makers, curators and problem-solvers who, for the last 13 years, have been applying the science of diversity and inclusion to help clients achieve their leadership, workforce, and commercial goals as much as 70% faster. As a professional services, strategy and activation consultancy, we help Tech & Fortune 500 Companies, Large Non-Profits, Leaders, Investors, Cities and Philanthropists drive revenue growth and accelerate innovation by applying our Knowledge + Network Formula™. This also increases diversity, inclusion and innovation on boards, in the c-suite, in venture capital, in mergers and acquisitions, and enhances business and corporate development efforts. Our services include: Strategy & Advising, Retained Search, Partnerships & Transactions, Think/Action Tanks, Innovation Labs, Custom and Signature Events, and enabling Connections. We are based in New Jersey with a satellite office in San Francisco, CA. 

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© 2017 Culture Shift Labs