Ommeed Sathe is Head of Impact and Sustainable Investments at Liberty Mutual Investments (LMI). At LMI he oversees the firm’s dedicated social investing mandates as well as serves as a senior member of the strategic asset allocation team for LMI.
Prior to LMI, he was part of the founding team for Lafayette Square, an alternative investment firm that focused on investing in historically overlooked and underserved markets. At Lafayette Square, he helped the firm launch and evaluate new investments products and strategies including the firm’s private credit, SBIC and real estate offerings. He also played a critical role in forming new business partnerships including a joint venture to create a community solar business and the launch of “Workers’ Solutions,” a technology platform that provides customized benefits to low- and moderate-income employees.
Prior to joining Lafayette Square, Ommeed was Head of Impact and Responsible Investing at Prudential Financial, where he led more than $2 billion in investments in multiple impact themes (financial inclusion, human capital development, sustainability, and transformative urban development) and alternative asset classes (real estate equity, private equity and private credit). During his tenure, he developed the overall portfolio strategy, secured the internal mandate to grow the portfolio, built out the investment team, and chaired the investment committee. The portfolio delivered exemplary financial and social returns and Prudential was widely recognized for its pioneering role in the field of Impact Investing.
Previously, Ommeed was Head of Real Estate Development for the New Orleans Redevelopment Authority (NORA) in the immediate aftermath of Hurricane Katrina. He spearheaded the revitalization of historic commercial corridors, acquired and redeveloped over 5,000 blighted properties and managed an array of public, private and philanthropic resources. Ommeed began his career as a real estate attorney with Fried, Frank, Harris, Shriver & Jacobson in New York City, where he was involved in numerous complex real estate transactions including an array of public-private partnerships.
Ommeed has an undergraduate degree in Neuroscience and Urban Planning from Columbia University; a Masters degree in city planning from the Massachusetts Institute of Technology; and a J.D. from Harvard Law School. He currently serves on the board of directors for B-Lab, the Community Development Trust, the Newark Museum of Art and the Surdna Foundation.