UK venture philanthropy firm Impetus Trust welcomes former Goldman Sachs executive director Meredith Niles as an investment manager. In her new role, Niles will research and assess potential investee charities and assist existing portfolio charities in scaling up effectively.
Niles was with Goldman Sachs for seven years, working in the investment banking division in Frankfurt, New York and London, managing M&As and corporate finance for companies in the retail and consumer goods sector. Immediately before joining Impetus, she worked for the Junior League of London, a philanthropic organisation in the not-for-profit sector.
“The addition of someone with Meredith’s skills will enable us to find and partner with even more groundbreaking charities fighting poverty,” says Daniela Barone Soares, Impetus chief executive. “This is particularly relevant now as Impetus embarks on an ambitious growth phase, doubling our portfolio size.”
“I am excited to be joining an innovative team with the potential to harness the best practices of the private sector to effect change in the UK third sector,” says Niles. “I am looking forward to applying what I’ve learned from my investment banking experience to building the capacity of the not-for-profit sector.”
D.C.