K. Robert (“Bobby”) Turner
Chairman & Chief Executive Officer, Turner Impact Capital, LLC
Bobby Turner is the Chairman and CEO of Turner Impact Capital, an investment management firm based in Los Angeles and one of the nation’s largest social impact investment firms, on course to surpass $5 billion in investment potential to help address some of the country’s most pervasive social issues through real estate and infrastructure-related solutions.
Over the past 25 years, Mr. Turner has established himself as one of the country’s most prominent private equity real estate investors as well as a pioneer in the area of social impact investing. As former Chairman of Canyon Capital Realty Advisors, he was responsible for launching several groundbreaking funds facilitating more than $6 billion in real estate investments in underserved communities that have helped define the “triple bottom line” or “social impact” investment movement.
Mr. Turner’s investment platforms have included partnerships with Earvin “Magic” Johnson focusing on building community serving retail and affordable workforce housing in densely populated, ethnically diverse communities; Andre Agassi, focusing on the development of learning friendly, environmentally responsible charter school facilities; the California Public Employees’ Retirement System (CalPERS) aimed at developing the next generation of emerging and diverse real estate managers; the Turner Multifamily Impact Funds focusing on the preservation and enrichment of affordable workforce housing; and the Turner Healthcare Facilities Fund focusing on reducing healthcare disparities in underserved communities by improving access to high quality community serving healthcare services.
Mr. Turner is a graduate of the Wharton School at the University of Pennsylvania (B.S., Finance) where he serves on Wharton’s Board of Advisors and where he has endowed a number of initiatives focused on social impact and ESG investing. Today these programs have grown to include curriculum development in such areas as social impact investing and business ethics, summer internships for students who want to work in either the public or nonprofit sectors, financial scholarships for minority students, the Turner Social Impact Society, the Lauren and Bobby Turner Executive Speaker Series for ESG, the Turner MIINT which is an experiential lab designed to give students at business and graduate schools a hands-on education in impact investing, and the Turner Impact Portfolio Challenge which provides aspiring wealth managers with an impact lens across asset classes to address the world’s most critical challenges.