MPowered Capital

Congratulations to L2 Point on the successful close of their oversubscribed inaugural fund, L2 Point Opportunities I. The Fund’s capital, together with its co-investment vehicles, totals nearly $460 million. MPowered Capital is proud to back founder Kerstin Dittmar and the L2 Point team. MPowered Capital began its partnership with L2 Point early on, with the goal of accelerating L2 Point's firm launch and growth. Through our Multiplier Program (“MP²”) we have also provided strategic business development, talent / human capital, and operations advice during the course of our partnership. 

MPowered Capital was a proud sponsor of the 8th annual WAVE - Women's Association of Venture & Equity Career Forum in New York last week. The event was started by our own Chrissie Chen Pariso alongside Shannon Zoller as an opportunity to learn, engage and network with industry veterans across the spectrum of careers in private markets (buyout, VC, LP, placement agents, FOFs, distressed, real estate, private credit) and to continue to expand the "pipeline" of talented women in our industry.   The headlines and studies are pervasive on the gap in women in PE & VC and the value of diversity. The WAVE forum provides a unified platform leveraging support from affiliated industry groups to help encourage women to lean into and persist with the business.    The event was a great success and hosted over 600 attendees, with WAVE Scholars representing over 200 educational institutions. Thank you to all who attended and to all of our co-sponsors, including our affiliates at Värde Partners!   #MPowerTheTalent

Thank you to the New America Alliance and Anyori Hernandez for the opportunity to participate in the International Symposium in Mexico City last month. The event was a huge success and I had such a wonderful experience connecting with investors and allocators from across the United States and Latin America. I was also thrilled to participate on a panel moderated by Rei Tran (Rei T.) alongside fellow panelists Tiffany Mcghee and Tina Byles Williams discussing how to navigate recent fundraising challenges in the alternatives market. I’m looking forward to more events with NAA in the future! 

Last week MPowered Capital Managing Director, Chrissie Chen Pariso, joined a thought-provoking panel discussion at AAAIM ELEVATE. The conference focused on how organizations can move beyond policy rhetoric to create truly inclusive cultures that drive long-term success and better returns. The panel was moderated by Taffi Ayodele, Director of Diversity, Equity and Inclusion & Emerging Manager Strategy, NYC Office of the Comptroller. Fellow panelists included MonaLisa Como, President and CEO, iDAC Inc.; Sylvester McClearn, Director, Emerging Manager Program, Office of the New York State Comptroller; Gabriel Jason Rodriguez, Treasurer, New America Alliance (NAA) and Miguel Thames, President and CEO, National Association of Securities Professionals (NASP). AAAIM ELEVATE brings together top institutional investors, leading allocators, and investment professionals to connect, share ideas and build lasting relationships. MPowered was honored to take part in this important conversation. #MPowerTheTalent

The MPowered Capital team wrapped up Q3 with our quarterly in-person team meeting. The team came together to connect, build stronger relationships, and strategize for the upcoming quarter. We also found time for fun with some friendly competition on the golf simulators at female-founded Thr3 Jack. It's incredible to see the synergy and enthusiasm within our team. Here's to achieving great things together in the next quarter! #MPowerTheTalent 

Last week, we hosted our third MPowered Capital Multiplier Program (MP²) Virtual Roundtable of 2024 - “The Competitive Advantage of Managing Your Executive Social Media Presence” featuring Kristi Piehl, Founder and CEO of Media Minefield. Utilizing her 25 years of experience as an award-winning entrepreneur and Emmy-award winning TV news reporter, Kristi is uniquely positioned to teach today’s leaders how to communicate effectively on social media to positively impact your career, your business and your digital legacy. In this engaging and interactive roundtable presentation Kristi provided our managers with guidance on overcoming the hurdle of where to start and why it matters.   At MPowered, we believe in the power of a dynamic community. As part of our Multiplier Program, we want to give our managers the opportunity to connect with other MPowered managers while learning about and discussing important topics that are critical for the firm building process. This roundtable is the third in a series of topics we have curated to address operational topics we know are of common interest for emerging managers.   #MPowerTheTalent

“The entrepreneurial journey can be lonely. It’s important to have emotional support as well as being able to get practical advice from others who are in a similar position and understand what you’re going through.”   To support female founders seeking funding, MPowered Capital Founder and CEO, Marcia Page, and Managing Director, Chrissie Chen Pariso, were 2 of 58 female investors from 26 countries who shared their perspectives. We are pleased to share the release of a new PwC report on ‘5 fundraising recommendations from women investors to women founders’. Explore the findings here: https://lnkd.in/g8CUJn37   #MPowerTheTalent 

We are pleased to share that Madeline Rodriguez has joined the MPowered team as Head of Capital Formation. Madeline joins from Stonepeak, where she was an Investor Relations Principal. She was previously at Credit Suisse in the Private Fund Group.   In this newly created role, Madeline will focus on many areas, including developing relationships with both current and new investors and consultants, sourcing investment opportunities for the firms’ GP Structured Partnership strategy, and providing strategic guidance to diverse emerging investment managers through our Multiplier Program.   Read the full press release: https://lnkd.in/gdgnp-PG   Welcome, Madeline!

Marcia Page, Founder and CEO of MPowered Capital and Co-Founder and Co-Executive Chair of Värde Partners, was named to Pensions & Investments' 2024 list of Influential Women in Institutional Investing. The awards recognize women who are having an outsized impact and are driving positive change in the investment industry. Marcia’s feature in Pensions & Investments can be found here: https://lnkd.in/gaea22Xt

Our team at MPowered Capital is growing! This week we welcome Alexia Brown who joins our investment team as a Senior Associate. Alexia comes to MPowered from Goldman Sachs where she focused on MedTech / CMO private and public companies in her most recent role as Senior Associate. Additionally, Alexia brings legal experience from several years as an Associate with Latham & Watkins LLP, and business-building experience from a consulting firm she founded specializing in strategic planning, organizational design, and process improvement in the hospitality industry.   Welcome to MPowered, Alexia!