Removing bias from the hiring process, Samantha Greenberg’s Margate Capital lands $130 million seed deal; Update on women in commercial real estate

Happy Monday!
Some humor to start the day – Organic Balance nailed what a professional woman’s morning is like. I mean who of us doesn’t check their work emails under the covers at the crack of dawn?  https://www.youtube.com/watch?v=bh19YxASA-4
Which brings us to a great article from HBR – the title says it all, “How to Get into a Rhythm at Work if You Cannot Stick to a Schedule. “ The full article can be found here:  https://hbr.org/2016/04/how-to-get-into-a-rhythm-at-work-if-you-cant-stick-to-a-schedule
Also from HBR and based on work from the University of Texas, the article outlines concrete steps we can all take to remove bias from hiring. It is commonly known that we try to ‘replicate’ ourselves in the hiring process which is why we end up with male banker hiring more male bankers and female teachers hiring more female teachers.  Replacing unstructured interviews with a structured process can help managers find the best candidate, not just one that reminds them of themselves. The full article can he found here: https://hbr.org/2016/04/how-to-take-the-bias-out-of-interviews
From the real estate world, CREW did a major study on the progress women are making in the commercial real estate field. Bottom line? The good news is that women’s level of satisfaction with their careers in the field has improved, especially for the women with 20+ years of experience. The bad news? Women still report facing gender discrimination and the pay gap is firmly in place. The full article can be found here: http://nreionline.com/real-estate-services/are-women-really-making-progress-commercial-real-estate-industry
Lastly, kudos to Samantha Greenberg for landing a $130 million seed deal from Ramius Capital to launch her new hedge fund Margate Capital. This is the second woman-led firm that Ramius has seeded. They helped Nancy Davis launch Quadratic Capital back in 2014 and by all accounts that firm is doing well. The full article on Margate can be found here:http://fortune.com/2016/04/12/one-of-the-top-women-in-hedge-funds-lands-130-million-in-funding/
I hope you will all join us on April 28th for TXWSW 7th annual State of the Markets event – we are thrilled and honored to have an all-star line-up of CIOs who will share their opinions on their market outlook. The panelists this year include Janet Handley, CIO of the Texas A&M Endowment, Katherine Nixon, CIO of Northern Trust, Carol McFate, CIO of Xerox Corporation and Paul Ballard, CIO of Texas Treasury Safekeeping & Trust Company. For our sponsor breakfast on April 29th, we will have secured the Editor of “The Daily Shot” and Danielle DiMartino Booth of Money Strong as our keynote speakers.  Tickets are on sale and sponsorships are available. We thank you all for your continued support as we continue to grow and look forward to seeing you all soon!
Lastly, I would like to invite our readers to join the Harvest Exchange –it is a network of 8,000+ of the world’s top investors and investment firms brought together in a forum to exchange ideas. To learn more, please use this link:https://www.hvst.com/referrals/r8oJJ6QTAR0
 

Attend an Upcoming TXWSW Event