Every so often an assignment comes along that takes you out of your typical beat, making you so honored to be a journalist because it allows you to meet wise and captivating people and learn about their work and their passions. This was one of those moments. I got to profile Rukaiyah Adams for Bon Appetit's Healthyish series on "Superpowered Women"—women who are redefining wellness in their communities. As I spoke to Rukaiyah over lunch at her southwest Portland home, I realized that we have a lot in common: she's a runner, she invests in startups run by women and people of color (I don't do that, but I write about them), she loves Oregon wines (particularly Antica Terra) and she longs for our city to be a place where everyone is included in its successes. I learned a lot from interviewing her.
When Rukaiyah Adams left a New York City–based hedge fund in 2010, a non-compete clause forced her to take an extended break from work. Missing her mom, who had just been in a car accident, she flew to her hometown of Portland, Oregon.
“I went for a run in Forest Park. It was raining lightly, and the sound of rain tapping against the leaves, the smell of soil...” and that’s when it came to me: I am not a New Yorker.”
Nine months later, she packed her bags and moved to Portland, a decision that had major ripple effects. Not only did living in Portland reignite her relationship with David Chen, a lawyer in the Bay Area, it helped her switch gears professionally.
“I could make ten times more in New York, but I was past the mastery part,” Adams tells me, as she putters around the kitchen of her 1920s English-cottage-style home, making us lunch. “I needed to develop a point-of-view.” In Portland, she landed a job as director of investment management at the Standard, a financial services group, and, in 2013, was appointed to the board of the Oregon Investment Council, the state pension fund.
Today, Adams, 44, is the chief investment officer at Meyer Memorial Trust, the third largest foundation in Oregon, with assets of $788.5 million. Started by Oregon grocery store magnate Fred G. Meyer, the trust gives away roughly $35 million a year to Oregon-based social justice and advocacy organizations, equitable education and affordable housing initiatives, and environmental programs. These grants are only possible due to the success of the Meyer investment portfolio, which Adams manages.
“Rukaiyah is tackling big, thorny, important, often fraught issues,” says Eve Callahan, an executive vice president at Portland-based Umpqua Bank and long-time admirer. “And she’s doing it with such grace and generosity.”
But when I ask her what she does at Meyer, Adam’s reply is pithy: “My job is to make the money.”
Long runs in nature—she loves jogging along the Willamette River as well as in 5,200-acre Forest Park—help keep Adams poised in her high-pressure position. “Believe it or not, being healthy and having outlets is pretty important to the technical requirements of the job,” she says as we sit at her marble kitchen table, eating iceberg lettuce with goat cheese, sliced cucumbers and radishes, and shaved carrots, along with avocado smeared on toasted sourdough. “If the person managing money is pulling out her hair and crying, it generates a lot of stress!”
I had the pleasure of meeting this beautiful woman visiting a neighborhood Portland OR. I doubt she'd remember me but it's nice to see she's still doing well in 2018! Thanks for the website and best of luck with your journalism!
Posted by: Portland OR | 26 August 2018 at 08:16 PM