NEW YORK, February 5, 2020 – Cornerstone Capital Group today announced that it has named Michael Wright as Managing Director of Fund Distribution & Business Development Operations. In this role he will be responsible for full market engagement and distribution of the Cornerstone Capital Access Impact Fund (CCIIX).
Wright will work closely with Cornerstone executives to develop and implement a highly integrated distribution plan for Cornerstone Capital’s Access Impact Fund. He will also lead the expansion of key account relationships for the fund, overseeing all external partnerships.
Erika Karp, Founder and CEO of Cornerstone, commented on today’s news, “We are delighted to welcome Michael to the team. He is a widely respected, seasoned executive charged with advancing Cornerstone’s impact business. Michael will play a key role in helping our team to reach our full potential.”
Prior to joining Cornerstone, Wright served as Business Development and Senior Product Specialist at DSM Capital Partners, where he managed RIA, Trust, and family office relationships. Wright also worked at Highland Capital Management, Kelvingrove Partners, and Neuberger Berman in various roles.
“In a market where many funds are labeled as ‘impact,’ investors need a vehicle that is constructed with rigorous vetting designed to ensure that investments truly incorporate the highest standards for ESG impact. I believe that Cornerstone’s Access Impact Fund is that solution and I look forward to working with the firm to broaden investors’ access to impact,” concluded Wright.