Ariel Goodman walked into a meeting of the board of directors of The Rainbow Fund last October and told her fellow board members that she was gay. After the surprise announcement, she also told them of a plan to re-energize their ailing fund.

Now, a year later, Goodman, a partner with Furman, Anderson & Co., the fund's adviser, has redesigned the fund - tying it to the gay community -- and is setting out to aggressively market the product for the first time.

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