About Raudline EtienneStrategic Advisor
As the founder and managing partner of Daraja Capital, Raudline Etienne is a leading authority on positioning startups and emerging firms for success. In her more than 20-year career, Raudline has been a champion of next-generation talent.
In 2015, Raudline created Daraja Capital, an advisory firm that works with boutique alternative asset management firms. Under Raudline’s leadership, Daraja Capital provides the experience and insight that managers need to leverage their unique potential and achieve their long-term objectives.
The Raudline Etienne Advantage
Working as both a coach and a strategic advisor to alternative asset management firms, Raudline focuses on tactical objectives and tangible results. Raudline believes every boutique asset manager should have a marketable narrative that will capture the attention—and, ultimately, the financial commitment—of investors. Raudline Etienne not only helps managers nurture and improve this narrative but also gives them the resources and tools they need to penetrate the institutional investor market.
Raudline boasts a featured executive profile at Bloomberg.com where the highlights of her expertise include some of the industry’s biggest and most influential firms.
Raudline Etienne, Senior Advisor at Albright Stonebridge Group
In addition to her work at Daraja Capital, Raudline Etienne serves as the Senior Advisor of the global strategy firm Albright Stonebridge Group (ASG). She’s also a trustee of the Janus Funds Board of Trustees. In this position, she represents the interests of fund investors in all matters related to the mutual fund complex. Additionally, Raudline is a member of the Board of Directors of Brightwood Capital Advisors, a capital provider to U.S.-based enterprises with EBITDA between $5 million and $75 million in the technology and telecom, energy, business services, healthcare, and franchising verticals.
From 2008 through 2011, Ms. Etienne served as Chief Investment Officer (CIO) for the New York State Common Retirement Fund (CRF), the third largest public fund in the United States with assets of $145 billion. Appointed by New York State Comptroller Thomas DiNapoli as Deputy Comptroller for Pension Investment and Cash Management, Ms. Etienne directed portfolio decisions for the nation’s third largest public pension fund. As CIO, she oversaw all aspects of CRF’s investment strategy, including asset allocation, policy and governance, investment structure, partner selection, and risk management. Her responsibilities included oversight of 60 professionals and management of a global portfolio of equity, fixed income, hedge funds, real estate, private equity and opportunistic investments. She also was responsible for CRF investment operations, including internal portfolio management, custodial services, and securities lending, as well as management of external investment advisors and consultants. Her team was responsible for the College Savings Program with assets of $12 billion, and the state’s $6 billion short-term investment pool consisting mainly of tax-revenue collections and federal aid.
Previously, Ms. Etienne was a Managing Director, and Co-Head of Non-Traditional Investment Group at Rogerscasey in Darien, Connecticut. She headed consulting relationships for public and corporate retirement systems on issues of investment policy and governance, asset-liability management and asset allocation, and investment manager selection and monitoring. During her 11-year tenure with Rogerscasey, she developed wide expertise in asset classes, investment strategies, and institutional investment managers. Earlier, Ms. Etienne was an investment consultant at WHP, the predecessor of FIS Group.
Ms. Etienne was instrumental in creating the Connecticut Hedge Fund Association where she was a board member, and the Robert Toigo Alumni Endowment Board on which she served as the first president. Ms. Etienne also served on the Toigo Foundation’s Governing Board. She was appointed to the International Accounting Standards Board, and the U.S. Financial Accounting Standards Board’s Financial Crisis Advisory Group which considered financial reporting improvements to enhance investor confidence.
Ms. Etienne earned a Bachelor of Science degree from the Massachusetts Institute of Technology and an MBA in finance from the University of California at Berkeley where she was awarded the Robert Toigo Foundation Fellowship and served as President of the Black Business Student Association.