OAKLAND. Calif., Sept. 19, 2021 /PRNewswire-PRWeb/ -- The Toigo
Foundation and B. Riley Financial, Inc. (Nasdaq: RILY) are pleased
to announce the successful culmination of the 2021 Summer MBA
Investment Competition. Almost 50 MBAs participated in an immersive
four-month summer program uniquely designed to facilitate industry
education, mentorship, and the practical application of present-day
business strategies led by experienced investment professionals
from B. Riley.
Student teams participated in a robust business curriculum
spanning ESG and socially responsible investment opportunities,
SPACs, Acquisitions and Capital Allocation. The program culminated
with a competition to present investment recommendations to a panel
of B. Riley professionals and Toigo Alumni. At the conclusion of
the program, B. Riley awarded a total of $60,000 to members of the four winning teams.
"B. Riley's contribution to Toigo's portfolio of training
opportunities adds a rich, experiential dimension to the
Foundation's MBA curriculum and reflects the firm's commitment to
the continued development of diverse talent across the financial
services landscape," said Kristy
Posocco, Director of Education and Career Advancement for
Toigo. "B. Riley's investment in the education of these rising
financial services leaders and their commitment to diversity and
inclusion is evident based on the nearly 20 senior leaders of the
firm who participated throughout all phases of the program."
The program provided an outstanding platform to produce and
present real time deliverables through a model synthesizing
business education, collaboration and coaching based on real-world
experience. Additionally, it offered MBAs an opportunity to expand
their networks through the development of peer teams and with
access to B. Riley's experienced investment professionals.
"This program was as much a learning experience for our team as
it was for the MBA participants. We were inspired by the
forward-thinking ideas presented to us, and by the overall passion
and creativity of the winning teams. Working with Toigo has been an
invaluable experience and B. Riley is incredibly proud to support
the organization as a partner," said Bryant
Riley, Chairman and Co-Chief Executive of B. Riley
Financial.
The Foundation's focus on expanding the learning opportunities
for Fellows and Finalists of the Toigo MBA Program led to the
creation of the program through the enthusiastic engagement and
financial support from B. Riley Financial.
About Toigo Foundation
The Toigo mission is to inspire change and advance more
inclusive leadership within finance and beyond. Based in
Oakland, CA, the non-profit has
been focused on leadership development and workplace inclusion for
30+ years. Its programs and services include MBA career
development, leadership and advancement support, women in
leadership, and Toigo Inclusion Strategy Services. Nearly 1,800 men
and women of color have held the designation of Toigo Fellow;
today, many are leading teams and organizations in a mix of finance
asset classes—and beyond. For more information, please visit
http://www.toigofoundation.org
Info@toigofoundation.org
510-763-5771
About B. Riley Financial
B. Riley Financial provides collaborative solutions tailored to
fit the capital raising and business advisory needs of its clients
and partners. B. Riley operates through several subsidiaries that
offer a diverse range of complementary end-to-end capabilities
spanning investment banking and institutional brokerage, private
wealth and investment management, financial consulting, corporate
restructuring, operations management, risk and compliance, due
diligence, forensic accounting, litigation support, appraisal and
valuation, auction and liquidation services. For more information,
please visit http://www.brileyfin.com
Jo Anne McCusker
Media Relations
press@brileyfin.com
(646) 885-5425
Media Contact
Kristy Posocco, Toigo Foundation,
510-563-5771, info@toigofoundation.org
Twitter
SOURCE Toigo Foundation