- Daniel A. Nissenbaum |
- Sabrina Baptiste |
- Giles Coates |
- Patricia GoPaul |
- Kimberly Latimer-Nelligan
Daniel A. Nissenbaum, President & CEO
Daniel A. Nissenbaum is the President and Chief Executive Officer of the Low Income Investment Fund (LIIF). LIIF is a Community Development Financial Institution (CDFI) that has invested $2.2 billion in community projects. LIIF’s investments have leveraged $10.8 billion in private capital for poor communities in 31 states across the U.S. and generated $57 billion in benefits for families and society.
Established more than 30 years ago, LIIF has served more than two million low income people by providing capital for 74,000 affordable homes for families and children, 269,000 spaces of child care and 92,000 spaces in schools. LIIF targets the poorest of the poor and builds bridges out of poverty for low income people and their communities. LIIF is a national CDFI with staff and offices in San Francisco, Los Angeles, New York City, Washington, D.C. and Atlanta.
Prior to LIIF, Mr. Nissenbaum was a Managing Director at Goldman Sachs, where he oversaw Community Reinvestment Act compliance for the firm’s Urban Investment Group and capital investment for the 10,000 Small Businesses program. Previously, he has also held real estate and community development finance positions at Chemical Bank, Chase Manhattan Bank Community Development Corporation (CDC), JPMorgan CDC and HSBC Bank. In addition, Mr. Nissenbaum served as an Investment Officer with the Merrill Lynch Community Development Company, where he was actively involved in debt financings, including construction lending, revolving credit facilities and other community development financings to for-profit and non-profit intermediaries.
He holds positions on several boards including the Community Restoration Corporation. Mr. Nissenbaum was Chairman of the Board of Governors and a Trustee for the National Housing Conference and served as a Member of the Advisory Boards of UV Partners, Center for Housing Policy, The Center for NYC Neighborhoods and the Bill T. Jones/Arnie Zane Dance Foundation.
Mr. Nissenbaum earned a Bachelor's Degree from Grinnell College and a Masters of Business Administration from Columbia Business School.
Sabrina Baptiste, Chief Administrative Officer & Senior Vice President
Ms. Baptiste oversees LIIF’s Human Resources, Information Technology, and Office Administration functions.
Before coming to LIIF, Ms. Baptiste was the Head of Human Resources for Goodwill Industries of San Francisco, San Mateo and Marin Counties and the Chief Human Resource Officer and In-House counsel for an international venture capital firm which deployed capital for local social justice. She also held the role of Director of Human Resources and Administration for Pets Unlimited, where she led leadership and management development, learning, workforce management, compliance, IT, and recruitment. She has previously worked for a variety of private and public organizations, and has held leadership positions nationally and internationally.
Ms. Baptiste was admitted to the State Bar of California in June 2005, and was a Professor of Law at New College of California School of Law and San Francisco Law School. She is currently a university lecturer on Human Resources at the Presidio Graduate School. Ms. Baptiste is a certified SPHR (Senior Professional Human Resources), SHRM-SCP (Senior Certified Professional), and a member of SHRM, NCHRA, State Bar of California, and the American Bar Association.
Giles Coates, Chief Financial Officer
Giles Coates brings to LIIF over 17 years of finance and accounting experience in the financial services industry in the US and globally.
Most recently, Mr. Coates was the global head of Finance & Accounting at FINCA Impact Finance (FIF) a Washington D.C. based microfinance institution with a $1 billion balance sheet and regulated subsidiaries in 20 countries and five continents. FIF provides responsible financial solutions to over one million customers globally. He was responsible for the global accounting and FP&A operations. In collaboration with technology partners, his team was instrumental in building out the company’s global data warehouse and helping to drive operating efficiency through innovative digital solutions for the company and its customers.
Prior to FIF, Mr. Coates was a vice president and CFO in Capital One’s Commercial Bank based in New York. As the CFO of the Commercial & Specialty Finance, Commercial Real Estate and Community Development Finance businesses, he was responsible for approximately $34 billion of the Commercial Bank’s balance sheet, including Capital One’s LIHTC investments. In 2014, he led the finance team in the acquisition and integration of a national DUS lender and, in 2015, of G.E. Capital’s Healthcare Finance business.
Mr. Coates started his financial services career as a credit underwriter at CapitalSource, a commercial finance lender based in Washington, D.C. underwriting credit facilities for the real estate and auto finance industries, before taking responsibility for the management of the company’s retail sector portfolio. In 2005, he was appointed as the director of treasury and risk management with responsibility for corporate liquidity and ALM. At CapitalSource, he raised over $12 billion in secured and unsecured borrowings with multiple leading global financial institutions to finance the growth of the company, including a $500 million multi-bank syndicated unsecured credit facility supported by the company’s investment grade credit rating.
Prior to financial services, Mr. Coates was an auditor at Grant Thornton and worked in venture capital in the U.K. He is a member of the Institute of Chartered Accountants in England and Wales and holds a Bachelor’s degree in Law & Accounting from the University of Wales, Cardiff, U.K.
Patricia GoPaul, Executive Vice President, General Counsel
In her role as LIIF’s General Counsel, Ms. GoPaul oversees the organization’s legal matters, enterprise risk and compliance. Prior to LIIF, she was the General Counsel and Chief Compliance Officer at Impact Community Capital. Ms. GoPaul’s experience in the community development and real estate sectors includes legal consulting roles at the Northern California Community Loan Fund (NCCLF), PMI and Wells Fargo Bank. She has also previously worked as a real estate finance attorney at prominent international law firms and held positions with the Lawyers Alliance for New York and the New York City Economic Development Corporation. Ms. GoPaul is currently a member of the California Organized Investment Network Advisory Board, NCCLF’s Board of Directors, NCCLF’s Loan Committee and State Farm Bank’s CRA Advisory Council.
Kimberly Latimer-Nelligan, Chief Operating Officer & Executive Vice President, Community Investment Programs
Ms. Latimer-Nelligan is LIIF’s COO & EVP, and is responsible for oversight of LIIF’s Community Investment Programs (CIP) which includes management of LIIF’s national Revolving Loan Fund, the New Markets Tax Credit business, programmatic activity and the risk and asset management functions. Under Ms. Latimer-Nelligan’s leadership LIIF has launched its Fresh Foods, Community Health Collaborative and Health & Housing Innovation initiatives and opened lending offices in Washington D.C. and Atlanta. LIIF currently has approximately $1 billion of capital under management and deploys over $250 million of capital annually. Ms. Latimer-Nelligan’s background in community development is extensive. Before joining LIIF in July 2008, she was with Citibank for over 20 years. Most recently, Ms. Latimer-Nelligan served as the Managing Director of National Lending and Investments, overseeing a $3 billion business within Citibank Community Development. During Ms. Latimer-Nelligan’s tenure at Citibank, Citi’s national lending, structured finance and equity investments for community development were consolidated under her leadership. In addition, she successfully established Citi’s charter school lending program. Ms. Latimer-Nelligan serves as the Board Chair of the Community Reinvestment Fund. She also serves on the Boards of Raza Development Fund and the National Affordable Housing Trust. She received her B.A. from Hobart and William Smith Colleges and her M.B.A. from Columbia University.