Thurman V. White
Jr. Investment Advisor
Thurman White is a thought leader and pioneer in driving policies and practices that foster racial justice and meaningful opportunities for minority-owned investment management firms. He is a licensed attorney, angel investor, business mentor, and racial justice and minority business advocate. He recently retired as CEO of Progress Investment Management Company (Progress), a boutique investment advisory firm in San Francisco. Progress was launched in 1990 as an employee-owned asset manager and leader in investing in diverse-owned investment managers across the U.S. At its peak, the firm managed over $7 billion in assets in multi-manager strategies for some of the largest and most prestigious pensions and institutional investors. During his 28-year tenure as CEO, Thurman chaired the firm’s board of directors and provided strategic leadership for all aspects of the business including investment strategy, executive team and culture building, business development, client relationship management, compliance, operations and civic engagement. Progress ended its investment advisory business in 2020. Prior to joining Progress, Thurman worked in public policy and marketing for a Fortune 100 corporation, served as legal counsel for a state legislative committee on utility and telecommunications policy and regulatory oversight, and began his career as a federal agency staff attorney. Thurman has served on many for-profit and nonprofit boards, including the board of Silicon Valley Community Foundation where he chaired the Investment Committee and continues to serve on the committee today. Thurman earned his undergraduate degree from Princeton, and graduate degrees from Stanford and the University of California, Berkeley Law.