Wealth Management Expert
Director, Community Development & Investments
Deborah Kasemeyer is a Senior Vice President and Director of Community Development & Investments where she oversees Northern Trust’s community development capital deployment and an Impact Investment portfolio of over $1.5 billion. An early adopter of innovative community finance structures, she has developed expertise in Social Impact Bonds (SIB) also known as Pay for Success, having closed five transactions which are targeting issues such as quality Pre-K in Chicago, homeless in Denver and homeless and substance abuse in Salt Lake City.
She works to fill capital gaps in underserved communities across the US through direct investment in Community Development Financial Institutions (CDFIs), high performing non-profits, social enterprise businesses, Low Income Housing Tax Credits (LIHTC), New Market Tax Credits (NMTC), and Small Business Investment Companies (SBIC). Northern Trust was successful in the 2016 round of NMTC awards and received $60 million in tax credits to be used in innovative and comprehensive community development projects.
With 22 years of experience in Community Development at Northern Trust, she has also managed Northern Trust’s Community Reinvestment Act (CRA) program over that time where it has received nine consecutive Outstanding CRA ratings spanning 22 years of evaluation. Prior to her community development work, Deborah was a commercial lender working in the Northern Trust’s Middle Market Lending Group and later the Neighborhood Lending Group.
She graduated from DePauw University with a B.A. in Economics. Board memberships include IFF, a large regional CDFI headquartered in Chicago, the National Association of Affordable Housing Lenders (NAAHL) headquartered in Washington DC and Akola, a social enterprise business headquartered in Dallas and Uganda.