In this day and age where feminism is finally getting the credit it deserves, it is heartening to see companies like Hall Capital effecting change in the best way possible – from within. The firm is so successful that big names like John Fisher and Warren Hellman are in its client list. Bay Area’s most successful money managing company boasts of $24 billion assets and if all this wasn’t an effective marker for the company’s success, it is the three women at the helm of Hall Capital who are pushing for diversity in education, background, and gender.
CEO Kathryn Hall is also the co-chief investment officer at Hall Capital and she is supported by two brilliant and successful women – Sarah Stein, the President, and Helane Morrison, the MD, CCO, and General Counsel of the firm. There are many firms that preach gender diversity but to see an organization doing that effectively by putting its vision and goals right at the top for all to see is a welcome change that other companies can truly learn from.
Speaking about the diversity, Morrison mentions an interesting point that both young and experienced women in the corporate world would relate to – when the high levels of an organization, including the CEO herself, are staffed by women of note, it becomes more attractive for women to come to the firm. Helane Morrison previously worked for the SEC and was also a South Florida reporter before that. Her experience as a reporter is evident with hard-hitting quotes like the one below that call out those who try to find ways around the law.
She added that her friends who were working at other firms had to take part in special meetings aimed at women as the gender gap in the industry is so large that women tend to feel isolated. Her educational and professional background have enabled her to make quite a difference in Hall Capital in the half decade that she has worked at the firm. President Stein said that female leadership is becoming rarer by the day and despite the equitable distribution in the world and business schools, when it comes to actual positions, the world is still not fair to women.
The three architects behind the success of Hall Capital also offered some advice to young women who were hoping to make a mark in the industry, saying that the key to success was to be flexible and resilient. It also helps that the firm actively looks for diversity in their recruitment efforts and promotes a culture where independent perspective is highly valued.