Submitted by: Cornerstone Capital Group
Posted: Jun 02, 2020 – 08:00 AM EST
NEW YORK, Jun. 02 /CSRwire/ - Cornerstone Capital Group (“Cornerstone”) today announced the appointment of Rostam Zafari to its Board of Directors. Zafari is a humanitarian who is passionate about providing access to affordable healthcare, economic opportunity, quality education, and healthy food for underserved communities through impact investing and philanthropy.
“We are delighted to have Rostam join our Board of Directors. As a well-known thought leader and proven expert in designing impactful solutions in the fields of healthcare and education, Rostam’s input will be invaluable to our board,” said Erika Karp, Founder and CEO of Cornerstone.
Zafari has received substantial recognition for his humanitarian efforts. He founded Rapid Ebola Detection Strips (REDS), which identified Ebola Virus Disease (EVD) in record time and reduced the cost of testing from $50,000 to less than $50. His work with REDS earned him a 2015 Cyrus Prize and an invitation to the White House by Michelle Obama. Rostam also helped build and serves as a board member of The New School, a high school based on the principles of community-engaged learning and social entrepreneurship.
“I am honored to serve as a board member at such a purpose-driven firm,” added Zafari. “Cornerstone’s commitment to achieving the United Nations Sustainable Development Goals by providing access to healthcare and quality education through investments resonates with me. Erika taught me that every investment is an impact investment because the way we move money has a tangible impact on the world- whether we choose to see it or not. I look forward to working with Erika and her team as they usher in the next generation of investing to build a more prosperous, equitable, and beautiful world.”
Zafari currently serves as the Managing Partner at World Within Labs, a venture firm dedicated to building impactful companies that assist underserved communities. Prior to joining World Within Labs, Rostam was the Chief Investment Officer for Sage Hill Capital Partners, where he managed more than fifty investments in companies with purpose-driven founders and with fund managers across the US, Europe, India, and Africa.
About Cornerstone Capital Group
Cornerstone Capital Group seeks to align our clients’ investments with the issues that matter most to them, without sacrificing financial performance. The firm works with families and individuals, foundations and endowments, multifamily offices and other registered investment advisors to develop and manage customized investment strategies to achieve bespoke financial and impact objectives. Cornerstone also offers a long-only global equity mutual fund, the Cornerstone Capital Access Impact Fund (CCIIX), designed to provide liquid access to global impact.
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