< The 2015 Fintech Finance 35

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11
Maria Gotsch
President and Chief Executive Officer
Partnership Fund for New York City

Civic boosterism and job creation are core missions of the Partnership Fund for New York City, which was founded in 1996 by KKR & Co. co-chairman Henry Kravis and has channeled more than $135 million into some 150 for-profit and not-for-profit entities. Given the fund’s Big Apple focus, it stands to reason that financial enterprises would be among the beneficiaries; microfinance organization Grameen America and derivatives market operator trueEX Group are currently in the portfolio. Led in a more inventive direction by president and CEO Maria Gotsch, the fund became one of the earliest — and remains among the most vocal — promoters of the new wave of fintech innovation. It even takes some credit for popularizing the term, having established the FinTech Innovation Lab in New York in 2010. The motivation was “to make New York City the capital of fintech, not just finance,” says Gotsch, 49, a Harvard Business School MBA who was with investment bank BT Wolfensohn before joining the Partnership Fund in 1999. A joint effort with Accenture — the consulting firm’s capital markets practice leader, Robert Gach, is co-founder — the fintech-acceleration lab has been replicated in Dublin, Hong Kong and London, bringing selected start-ups into contact with industry executives and venture capitalists for mentoring and exploration of ongoing business dealings. Gotsch says one of the labs’ distinguishing features is their “long tail” — the lasting relationships that are kindled by the 12 weeks of boot-camp-like intensity. And she takes pride in the market’s validation of the graduates, such as the September acquisition of BillGuard (class of 2012) for $30 million by online lender Prosper Marketplace. Gotsch recalls: “When we were setting up, people asked, ‘What is fintech?’ Not anymore.”


 
The 2015 Fintech Finance 35


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1. James Robinson III
& James Robinson IV
RRE Ventures

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2. Jane Gladstone
Evercore Partners

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3. Matthew Harris
Bain Capital Ventures

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4. Steven McLaughlin
Financial Technology Partners

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5. Jonathan Korngold
General Atlantic

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6. Richard Garman &
Brad Bernstein
FTV Capital

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7. Amy Nauiokas & Sean Park
Anthemis Group

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8. Thomas Jessop
Goldman Sachs Group

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9. Meyer (Micky) Malka
Ribbit Capital

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10. Hans Morris
Nyca Partners

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11. Maria Gotsch
Partnership Fund for New York City

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12. Marc Andreessen
Andreessen Horowitz

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13. Barry Silbert
Digital Currency Group

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14. Jay Reinemann
Banco Bilbao Vizcaya Argentaria

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15. Mariano Belinky
Santander InnoVentures

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16. François Robinet
AXA Strategic Ventures

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17. Vanessa Colella
Citi Ventures

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18. Alan Freudenstein & Gregory Grimaldi
Credit Suisse
NEXT Fund

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19. Justin Brownhill & Neil DeSena
SenaHill Partners

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20. Rodger Voorhies
Bill & Melinda Gates Foundation

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21. Michael Schlein
Accion International

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22. Kenneth Marlin
Marlin & Associates

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23. Rumi Morales
CME Ventures

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24. Mark Beeston
Illuminate Financial Management

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25. Vladislav Solodkiy
Life.SREDA

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26. Fabian Vandenreydt
Innotribe SWIFT

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27. Derek White
Barclays

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28. Alex Batlin
UBS

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29. Jeffrey Greenberg
& Vincenzo
La Ruffa
Aquiline Capital Partners

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30. P. Howard Edelstein
REDI Holdings

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31. Nektarios Liolios
Startupbootcamp FinTech

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32. Roy Bahat
Bloomberg Beta

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33. Andrew McCormack
Valar Ventures

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34. Lawrence Wintermeyer
Innovate Finance

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35. Janos Barberis
FinTech Hong Kong