Ft. Lauderdale, FL-based Community Capital Management, which bills itself as a fixed income impact investing manager, has named Barbara VanScoy to the new position of chief impact investment officer.
VanScoy is co-founder of CCM and continues to serve as senior portfolio manager of the firm’s $1.5 billion CRA Qualified Investment Fund (CRATX), which bets on securities issued by Fannie Mae, Freddie Mac, and Ginnie Mae. She is based in the firm’s Charlotte, NC office.
The firm has also promoted Elliot Gilfarb to portfolio manager, working with senior portfolio manager Michelle Rogers and focus on managing the firm’s separate accounts. Gilfarb joined CCM in 2006 as a trading associate. Also, Cayce Shawn has been hired as a mortgage-backed securities trader from Mesirow Financial.
“Expanding the investment team and making these organizational changes increases efficiency and enhances our investment capabilities,” stated CCM’s CEO David Downes. “At the same time, establishing Barbara as chief impact investing officer better portrays the depth of her impact investing research experience and her extensive background and knowledge in this flourishing space.”