Meredith Niles has been named an investment manager with Impetus Trust, a UK venture philanthropy organization. She is a former executive director with Goldman Sachs who, most recently, worked with the Junior League of London.
UK venture philanthropy pioneer Impetus Trust announces that former Goldman Sachs Executive Director Meredith Niles has joined as an Investment Manager.
Niles worked for the Investment Banking division of Goldman Sachs for seven years, in Frankfurt, New York and London, managing mergers and acquisitions and corporate finance for companies in the retail and consumer goods sector. Immediately prior to joining Impetus Ms Niles worked in the not-for-profit sector for the philanthropic organisation the Junior league of London.
Impetus provides a package of strategic funding and expertise, with the aim of transforming charities for dramatically greater social impact. Created in 2003, Impetus has eleven charities in its portfolio, including Camfed International, Leap Confronting Conflict and St Giles Trust, which are working to break the cycle of poverty by tackling challenging social issues such as poor education, long-term unemployment, and persistent offending. Impetus aims to double its portfolio in the next four years, and is looking for ambitious, high-potential charities that need to build their capacity, in order to transform their impact and sustainability.
Meredith joins the investment team at Impetus to research and assess potential investee charities, alongside working with existing portfolio charities to enable them to scale up effectively.
Commenting on the appointment, Impetus chief executive Daniela Barone Soares said: “The addition of someone with Meredith’s skills will enable us to find and partner with even more ground-breaking charities fighting poverty. This is particularly relevant now as Impetus embarks on an ambitious growth phase, doubling our portfolio size.”
Meredith Niles said: “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. 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.”
Find out more about the work of Impetus on www.impetus.org.uk <http://www.impetus.org.uk>