PHILADELPHIA, PA, May 19, 2021—Aeris Insight, Inc. announced today that Jim Casselberry has joined its Board of Directors effective immediately. Mr. Casselberry is Chief Investment Officer at 4S Bay Partners, LLC, a family office management company focused on deploying creative capital investments to underserved communities.
Mr. Casselberry has over 30 years of experience in investing, impact investing, investment management and investment consulting. At 4S Bay Partners his primary focus as Chief Investment Officer is on market, impact and mission related investing. Previously, Jim has held leadership positions with Trias Capital Management, LLC, Wedgewood Capital Management, Inc., and The John D. and Catherine T. MacArthur Foundation. In addition to Aeris, he serves on several boards including the Julian Grace Foundation, Arc Chicago, LLC, Los Angeles Cleantech Incubator, Mosaic Genius, American Friends of Hebrew University, Morehouse College (Trustee), and the National Urban League (Trustee).
“We are pleased to welcome Jim Casselberry to the Aeris board and look forward to benefitting from his experience and passion for guiding capital to underserved communities,” said Paige Chapel, President and CEO of Aeris. “Jim joins Aeris at a critical moment, as we deepen our engagement in the CDFI field, while branching out into the broader impact investment sector through the upcoming launch of our cloud-based data management service, Aeris Atlas.”
The Aeris board comprises leaders from impact and community investing who generously volunteer their time to serve society. Aeris’ other directors are Penelope Douglas (Chair), Yerba Buena Center for the Arts; Kim Shafer (Immediate Past Chair), Independent Consultant; Justin Conway, Calvert Impact Capital; Andy Cooney, 1112 Capital, LLC; Vivienne Hsu, LENDonate; James Lum, National Community Reinvestment Coalition; David Sand, Community Capital Management; and Rekha Unnithan, Nuveen Private Investments. Aeris directors are appointed to serve two-year terms.
Aeris is a rating and information service for impact investments. Aeris has established risk management standards for private community loan funds (CDFIs) and has helped strengthen the development of impact measurement and management practices in the CDFI industry. Since 2004 Aeris has issued more than 950 ratings on CDFIs, based on thorough analyses of each organization’s capital structure, asset quality, earnings, liquidity, management and governance strength and practices. Aeris’ analyses have been used by more than 200 investors, including financial institutions, government entities, private foundations, and wealth advisors. Contact Aeris for more information: https://www.aerisinsight.com/contact/.