1
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Melinda French Gates has committed $2 billion to promote women’s rights and economic mobility. In 2015, she set up her family office, Pivotal Ventures, to support these causes not only through philanthropy but also through investing in women-led funds and startups that serve women. Those investments are managed by Erin Harkless Moore, who joined Pivotal Ventures in 2020 from investment advisory Cambridge Associates. “We want to prove that investments in women can generate best-in-class returns and performance while advancing social process alongside that,” Harkless Moore told CNBC. Pivotal Ventures is in good company. Though some traditional asset managers have been retreating from impact investing amid attacks by…
