Hit Enter to Search or X to close
Our team of experts will introduce you to our manager analysis and portfolio intelligence capabilities, tailoring the conversation to your specific needs and interests.
Hit Enter to Search or X to close
“If we really say we're going to do these three things—advocate for equity, invest in community-led solutions, and inspire generosity—how do we do that if we are investing in things that are not aligned with those values?”
Saying It Out Loud
Shannon O’Leary is the Chief Investment Officer of the Saint Paul & Minnesota Foundation, a $2 billion community foundation. Since joining the Foundation in 2019, Shannon has thoughtfully implemented DEI and ESG investment strategies to create a portfolio that supports grant creation and includes investments that are in line with the Foundation's mission.
Shannon will call out the elephant in the room (and the elephant hidden in the room next door). Her emotional acuity and analytical prowess have served her investment teams well throughout her career—from sharing grades on manager DEI surveys to unconventional methods for manager due diligence. Shannon's proactive approach to resolving misalignment is underscored by an acute awareness that there will always be unforeseen challenges.
"Wherever you show up, show up as yourself . . . show up as authentically "you" as you can be. And that generally will bring out a more authentic version of the person that you're speaking to."
In this episode, you will learn the following:
- How the Saint Paul & Minnesota Foundation implements DEI and ESG strategies to maintain a portfolio aligned with the Foundation's mission
- How the Foundation works with managers to help them grow into true partners of the Foundation's mission
- What strategies Shannon O'Leary employs to detect when something is "not quite right" in conversations with asset managers
Shannon began her career as an analyst at Dearborn Partners in Chicago after earning a bachelor’s degree in economics with a concentration in high-energy physics from the University of Wisconsin—Madison. She recently started publishing a newsletter, Say it Out Loud, that looks at how to initiate change in the investment industry.
Resources:
- Say It Out Loud | Have We Reached Peak Stupid?
- Say It Out Loud | How to Not Get a Second Meeting: A Guide
- Say It Out Loud | Why (Actually) Looking at Your DEI Survey is a Good Idea
Listen to Other Successful Investors:
- Jennifer Heller (Brandywine) | Investing Renaissance
- Dusty Granet (Green Trading Capital) | Green Trading
- Patricia Lizarraga (Hypatia Capital) | The Female Factor
Chapter Summaries:
[00:02:57]
Emotional Intelligence
[00:08:21]
Unconventional Due Diligence
[00:12:57]
Diverse Management Teams
[00:16:28]
Journey to CIO
[00:20:59]
Effective Investment Decisions
[00:30:42]
Community Foundations
[00:35:29]
Saint Paul & Minnesota Foundation
[00:43:16]
Partnering with Managers
[00:47:53]
Saying It Out Loud
Disclaimer: This podcast is not investment advice, and should not be relied upon as a basis for investment decisions. All content in this podcast reflects the opinions and views of the speakers. This podcast is for informational purposes only, without representation as to accuracy or completeness. The guest(s) on this episode had a client relationship with SEI at the time of recording.
Disclaimer: This podcast is not investment advice, and should not be relied upon as a basis for investment decisions. All content in this podcast reflects the opinions and views of the speakers. This podcast is for informational purposes only, without representation as to accuracy or completeness. The guest(s) on this episode did not have a client relationship with SEI at the time of recording.
More Episodes
> All Podcasts
meet your host
Pat Carlevato
Accomplished investors share their stories, mental models, and what market factors they’re paying attention to today. Host Pat Carlevato of the Novus Platform unpacks what has helped them and hindered them on their diverse roads to success.