IMPACT’s management brings together over 40 years of capital markets and community development finance experience:
Jeff Brenner, President and Chief Executive Officer
Mr. Brenner has 30 years of experience in financial services and capital markets, including 19 years in community development finance. He joined Impact Community Capital (IMPACT) in 2012, as the company’s first Chief Investment Officer. Mr. Brenner has overall responsibility for the strategy and execution of IMPACT’s investment programs. This includes managing ~$1.0B of investments and investment commitments for major institutional investors. Responsibilities include, developing short and long term strategic investment plans, creating new investment funds and managing existing funds, investor reporting and investor relations. He oversees fund performance focused on both economic and impact returns. Most recently Mr. Brenner managed two highly successful securitizations totaling $320 million consisting solely of affordable multifamily mortgages.
Prior to joining IMPACT, Mr. Brenner spent 19 years in community development finance with Capital Impact Partners, serving as its Chief Financial Officer since 2006. Capital Impact is a Community Development Financial Institution dedicated to providing technical assistance and financing to underserved communities nationwide by working with community-based organizations in education, health care, healthy foods, affordable housing, elder care and community development. His primary responsibilities were i) Participation on the senior management team developing, guiding and implementing the organization’s mission, vision and business strategy; ii) Strategic management of the organization’s financial operations including, capital development, accounting, tax, audit and financial risk mitigation; iii) Overseeing information technology and human resource functions. Under Mr. Brenner’s leadership the company grew AUM from $250MM to $850MM and raised over $600MM in capital from institutional investors to finance projects that improve access to health care, elder care, healthy foods, housing and education for low income people and communities.
Mr. Brenner began his career with Union Bank of California and held various positions including Vice President of Corporate Banking where he helped to start the Technology Lending Group.
Stephanie Tirman, Director, Accounting & OPerations
Ms.Tirman joined Impact in 2000 and oversees Impact’s finance, accounting and investor reporting activities. Ms. Tirman is the architect of and implemented Impact’s accounting system, co-authored Impact’s financial policies and procedures and designed the investor reporting protocols for Impact’s various funds. Ms. Tirman’s business acumen is founded on 20 years of experience with administration, financial management, and operating controls from a diverse cross section of businesses from large financial institutions to startup companies.
Andrew Zimmerman, Manager, Investments
Mr. Zimmerman joined Impact in 2014 as Manager, Investments. His responsibilities include managing the day-to-day operation of the Impact CIL program. This includes all aspects of the operation from loan underwriting to portfolio management. Prior to joining Impact, Mr. Zimmerman worked for the Carlyle Group where he evaluated potential equity real estate investment opportunities across asset classes including Multifamily, Commercial, Industrial and Retail. In addition, Mr. Zimmerman evaluated future and existing investments in high yield debt funds with a focus on both performing and nonperforming loans with underlying collateral across asset classes. As an aspect of his job he assisted in managing risk exposure in and across multiple funds. Before joining the Carlyle Group, Mr. Zimmerman was a member of the Public Finance Investment Banking Team at Piper Jaffray in San Francisco where he worked on structuring bond financings that helped build much needed infrastructure throughout the western region. During his tenure at Piper Jaffray, Mr. Zimmerman worked on bond issuances totally over $300M. Mr. Zimmerman began his career in the Mayor’s Office of the City of San Francisco as Assistant to the Director of Climate Protection Initiatives. There he worked with City Departments and private enterprises to coordinate Energy Policy for the City. Mr. Zimmerman holds a B.A. from Columbia College of Columbia University.