
Breaking the Investor Mold: Inside 4 Women-Led Funds Driving Real Impact & Real Returns (#086)
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This 4-in-1 compilation episode focuses on a persistent disconnect between capital and capability: women are founding businesses at record rates and leading high-performing funds, yet the capital rarely follows.
In other words, women are underrepresented both in receiving and managing capital.
Today’s episode is about those pushing back against that trend – women-led investment managers and those intentionally channeling capital into women-led businesses.
Here are the featured guests:
Sharon Vosmek, CEO of Astia & Managing Partner of the Astia Fund
Sharon Vosmek doesn’t see gender equity in venture as a social goal – she sees it as a market inefficiency. With just 2–3% of VC funding going to women CEOs, she argues the system consistently overlooks high-potential founders.
At Astia, she’s investing in women-led startups with strong early traction, particularly in underserved sectors like women’s health. She also challenges the informal, male-dominated networks – boardrooms, golf courses – where most deals are still made.
Full episode
Dr. Tara Bishop, Founder and Managing Director of Black Opal Ventures
Tara co-founded Black Opal Ventures to invest where healthcare and technology collide – and where traditional VC often misses.
She and her partner, Eileen Tanghal, raised $63 million from institutional investors like Eli Lilly and JP Morgan, becoming one of the rare female- and minority-led funds in venture. Their portfolio reflects that identity: women-led companies, underserved markets, and problems overlooked by legacy capital.
Full episode
Tammy Newmark, CEO and Managing Partner of EcoEnterprises Fund
Tammy leads EcoEnterprises Fund, a women-run investment firm focused on nature-positive businesses across Latin America. For over two decades, she’s backed companies in sustainable agriculture, ecotourism, and agroforestry – many led by women and rooted in rural or Indigenous communities.
Gender equity isn’t the fund's focus, but it runs through the portfolio: in leadership teams, supply chains, and daily operations. About half of their investments meet 2X Challenge criteria – not because it’s the mandate, but because that’s who’s doing the work.
With $150 million under management, the fund combines financial discipline with long-term environmental and social goals.
Full episode
Stephanie Cohn Rupp, CEO of Veris Wealth Partners
Stephanie runs Veris Wealth Partners, one of the few wealth management firms built from the ground up to do just one thing: impact. With $2.3 billion under management and offices across the U.S., Veris has been majority women-led and women-owned since its founding in 2007.
It’s built entirely around impact – certified B Corp, net zero, and intentionally conflict-free – and applies that lens across every asset class, with a deep focus on racial equity, climate, gender, and community wealth.
For Stephanie, this isn’t about doing impact. It’s about being built for it.
Full episode
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