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Capital Allocators – Inside the Institutional Investment Industry

Diversity Equity & Inclusion 5: Daryn Dodson – Training and Action at Illumen Capital (Capital Allocators, EP.168)

Capital Allocators – Inside the Institutional Investment Industry

Ted Seides – Allocator and Asset Management Expert

Business, Investing

4.7841 Ratings

🗓️ 14 December 2020

⏱️ 59 minutes

🧾️ Download transcript

Summary

Daryn Dodson is the founder of Illumen Capital, a venture fund of funds that seeks to invest in the best impact fund managers and takes them through a process to reduce implicit bias in their business and investing decisions.

Our conversation covers Daryn's early experience with discrimination, work backing more than 1,000 entrepreneurs in post-Hurricane Katrina New Orleans, Board work at impact-focused Calvert Funds, and launch of Illumen. We discuss Illumen's three pillars of academic research, investing in the thesis, and training managers across hiring, investing and Board selection – all with the aspiration to become better investors and take advantage of a huge inefficiency in capital allocation.

Please enjoy, my conversation with Daryn Dodson of Illumen Capital in this continuation of our mini-series on Diversity, Equity & Inclusion.

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Transcript

Click on a timestamp to play from that location

0:00.0

Hello, I'm Ted Sides, and this is Capital Allocators.

0:10.1

This show is an open exploration of the people and process behind capital allocation.

0:16.2

Through conversations with leaders in the money game, we learn how these holders of the keys to the kingdom allocate their time and their capital.

0:25.0

You can keep up to date by visiting Capital Allocatorspodcast.com.

0:34.7

Shortly after I finished the interviews for the Sustainable Investing miniseries, Black Lives Matter took center stage in the United States.

0:44.5

I asked around and discovered that the subject is uncomfortable for many to discuss, and that while many

0:51.0

CIOs are interested in being part of the solution,

0:59.7

most are not familiar with the underlying nature of the problem or the actions to take as a result.

1:05.2

This mini-series, diversity, equity, and inclusion, awareness, and action, is a four-part introduction to the issues at hand.

1:09.3

We'll explore what's been going on for a long time

1:12.2

and hear what some are doing about it. It's my small part in contributing to fostering the

1:18.2

conversation. My guest on today's show is Darren Dodson, the founder of Illumann Capital

1:26.6

of Venture Fund of Fund venture fund of funds that seeks to

1:28.9

invest in the best impact fund managers and takes them through a process to reduce implicit

1:34.1

bias in their business and investing decisions. Our conversation covers Darren's early experience

1:40.2

with discrimination, work backing more than a thousand entrepreneurs in post-Hurricane Katrina,

1:46.0

New Orleans, board work at impact-focused Calvert funds, and launch of Illumann.

1:52.0

We discuss Illumans' three pillars of academic research, investing in the thesis,

1:57.0

and training managers across hiring, investing, and board selection, all with the aspiration

2:03.0

to become better investors and take advantage of a huge inefficiency in capital allocation.

2:09.3

Please enjoy my conversation with Darren Dodson of Illumann Capital in this continuation of

2:15.2

our mini-series on diversity, equity, and inclusion.

...

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