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Sháka Rasheed is a distinguished leader at the intersection of finance and technology who serves as General Partner at Open Opportunity Fund, where he leads Capital Development and Portfolio Value Creation, while also serving on the Investment Committee. Open Opportunity Fund is a technology venture capital firm focused on investing in software companies founded by outstanding diverse founders.Before joining Open Opportunity Fund, Sháka’s career included nearly half a decade of leadership stints within SaaS technology companies and over 25 years on Wall Street. In technology, he served as Senior Vice President of Strategic Banking & Wealth Management at Salesforce, where he scaled a billion-dollar sales organization and managed complex enterprise transactions. Prior to that, he was Managing Director and General Manager at Microsoft, leading digital transformation initiatives across global financial institutions and serving as an Advisor for M12, Microsoft’s Venture Capital Fund. His leadership helped fintechs, investment banks, asset managers, payment companies, exchanges, and regulators modernize through technology-driven solutions.Sháka also brings expertise from his tenure at top-tier financial services firms, including Bridgewater, Citadel, Lazard, and JPMorgan Chase. Across these experiences, he successfully engaged the largest, most sophisticated institutional investors worldwide and realized billions of dollars in fundraising success. His deep industry acumen spans investment banking, debt & equity capital markets, asset & wealth management, and alternative investments, including hedge funds and private equity.In addition to his role at Open Opportunity Fund, Sháka serves as a Non-Executive Independent Director on the board of DigitalBridge Group, Inc. (NYSE: DBRG), a leading global alternative asset manager dedicated to investing in digital infrastructure with over $80 billion in assets under management. His board position underscores his expertise in identifying differentiated investment opportunities in digital infrastructure.Throughout his career, Sháka has earned a reputation as an innovative leader, building and motivating elite-performing teams that drive revenue growth and strategic market expansion. His passion for mentorship and fostering diversity in finance and technology has positioned him as a role model for future leaders.Sháka earned an MBA from Harvard Business School, where he was a Robert Toigo Fellow, and a BA with honors from Morehouse College, where he was an Oprah Winfrey Scholar, and President of the student body.
Open Opportunity Fund
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General Partner | Head Of Capital Development And Portfolio Value CreationOpen Opportunity FundUnited States -
General Partner | Head Of Capital Development And Portfolio Value CreationOpen Opportunity Fund Aug 2024 - PresentMiami, Fl, UsEstablished by SoftBank in June 2020, Open Opportunity Fund is a venture capital firm dedicated to investing in outstanding, diverse founders and innovative companies poised to disrupt traditional industries. Open Opportunity Fund’s portfolio spans enterprise IT, artificial intelligence, fintech, and digital health sectors. Fund 1 was a $100 million fund with SoftBank as an anchor LP. The Open Opportunity Fund focuses on supporting and investing in Black and Latinx founders in the U.S. tech sector. Its mission is to address the underrepresentation of these groups in venture capital by building and fortifying a community of diverse entrepreneurs. My dual role of leading fundraising and portfolio company value creation represents a deep, holistic focus across the portfolio company lifecycle. These efforts serve to not only inject capital raised from investors who are seeking strong returns and aligned with the fund’s mission, but also to support portfolio companies on their path of growth and success through active strategic and operational support. -
Member Board Of DirectorsDigitalbridge (Nyse: Dbrg) Apr 2021 - PresentBoca Raton, Fl, UsDigitalBridge (NYSE: DBRG) is a leading global alternative asset manager dedicated to investing in digital infrastructure. With a heritage of over 25 years investing in and operating businesses across the digital ecosystem including cell towers, data centers, fiber, small cells and edge infrastructure, the DigitalBridge team manages over $80 billion of digital infrastructure assets on behalf of its limited partners and shareholders. Headquartered in Boca Raton, Florida, DigitalBridge has key offices in New York, Los Angeles, London, Luxembourg and Singapore. For more information, visit: www.digitalbridge.com Committees: Audit || NomGov -
Svp, Strategic Banking And Wealth ManagementSalesforce 2022 - 2023San Francisco, California, UsManaged Salesforce’s billion-dollar Strategic Banking & Wealth Management with cross-functional team of 100+ employees as part of 500+ FinancialServices team, driving new go-to-market strategy focusing on multi-year, multi-million-dollar deals, and a revenue generation culture shift. Trained teams on higher-impact customer engagement strategy that expanded stakeholder reach with business decision-makers, creating a revenue generation process shift that increased sales opsefficiencies and augmented Salesforce’s value in the market. -
M12 Expert Network MemberM12 - Microsoft'S Venture Fund 2021 - 2022San Francisco, California, UsIn addition to my past duties at Microsoft, I was a member of the M12 Expert Network, advising portfolio companies on strategic goals for market expansion and growth; providing guidance on go-to-market strategy, storytelling, and messaging; contributing to the success of startups through strategic insights and mentorship in this 1yr mandate.M12 (formerly Microsoft Ventures) innovated corporate venture capital, with agility, fast decisions, and unsurpassed value-add. -
Managing Director, General Manager - Capital MarketsMicrosoft 2019 - 2022Redmond, Washington, UsI established and led the US Capital Markets organization at Microsoft. Responsible for all sales and customer engagement functions, while servicing investment banks, broker-dealers, investment & wealth managers, private equity, hedge funds, exchanges, FinTechs, PaymentCos, other capital markets customers and partners. -
Head Of Sales & MarketingBridgewater Associates 2016 - 2019Westport, Connecticut, UsBridgewater recruited me for this global executive leadership role to shape strategy and to co-lead a team of sales and marketing professionals. We engaged with the largest, most sophisticated pools of investment capital across the globe, serving prominent institutional investors (pension funds, endowments, foundations, sovereign governments and central banks). -
Managing Director, Head Of Alternative Investments - AmericasLazard Asset Management 2013 - 2016New York, Ny, UsHere, I led the conversion of alternative investment client portfolio managers/product specialists into direct hedge fund sales professionals, managing a team of 10, with goals to raise capital and seed new alternative investment strategies. I managed the division’s business development efforts and contributed to platform AUM growth to $8.2B from $4.6B while identifying and seeding portfolio managers onto Lazard’s hedge fund platform. In addition, I was a founder and co-chair of the firm’s Alternative Investment Manager Selection Committee. -
Acting Head (Americas) / Director, Global DistributionCitadel 2010 - 2013Miami, Florida, UsFor one of the world’s most elite-performing alternative investment managers, I initiated the firm’s Americas business development strategy that culminated with my team’s significant contribution to the successful closing of $2B+ in the firm’s inaugural single-strategy launch. -
Managing Director / Senior Client Advisor - Institutional Investment MgmtJ.P. Morgan 2003 - 2010New York, Ny, UsIn this position, I was a Strategic Client Group member who oversaw business development that resulted in over $5.2B from awarded mandates, including achieving a $1B Alternatives Strategic Partnership with a large public pension (across hedge funds, private equity, and real assets). Other responsibilities included vetting and launching new traditional and alternative investment strategies. -
Vice President / Banker - Asset & Wealth Management Division - Private BankingJ.P. Morgan 1999 - 2003New York, Ny, UsI was a founding member of J.P. Morgan’s metro-Washington, DC office (including VA and MD) and led business development initiatives to identify investors/family offices with $100M-$1B+ of assets. The role included establishing relationships among family offices, foundations, endowments, the ultra-high net worth and their consultants/advisors in cultivating investment allocations decisions across the full spectrum of J.P. Morgan’s alternative and traditional investment solutions. -
Associate - Investment Banking Division, Equity Capital Markets GroupJ.P. Morgan 1994 - 1999New York, Ny, UsFrom the trading floors in London and New York, I led allocation and pricing discussions for initial public offerings (IPOs), follow-on equity offerings (secondaries), and listed block trades directly with CEOs, CFOs, treasurers and board members on U.S. domestic or international equity offerings and privatizations, culminating in the $6.5B IPO privatization of SwissCom (at the time, J.P. Morgan’s largest IPO since U.S. Steel in the 1800’s). -
Analyst - Investment Banking Division, High Yield Finance GroupMerrill Lynch & Company 1993 - 1994New York, Ny, UsPerformed valuation analysis and detailed financial modeling to determine pro forma effects of financing alternatives; created sensitivity analyses and prepared convertible and high yield debt marketing presentations.
Sháka Rasheed Skills
Sháka Rasheed Education Details
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Harvard Business SchoolMaster Of Business Administration - Mba -
Morehouse CollegeWith Honors
Frequently Asked Questions about Sháka Rasheed
What company does Sháka Rasheed work for?
Sháka Rasheed works for Open Opportunity Fund
What is Sháka Rasheed's role at the current company?
Sháka Rasheed's current role is General Partner | Head of Capital Development and Portfolio Value Creation.
What is Sháka Rasheed's email address?
Sháka Rasheed's email address is sh****@****oft.com
What is Sháka Rasheed's direct phone number?
Sháka Rasheed's direct phone number is +191791*****
What schools did Sháka Rasheed attend?
Sháka Rasheed attended Harvard Business School, Morehouse College.
What skills is Sháka Rasheed known for?
Sháka Rasheed has skills like Hedge Funds, Asset Management, Equities, Fixed Income, Alternative Investments, Investment Management, Private Equity, Securities, Mutual Funds, Business Development, Investor Relations, Commodity.
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