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Milken Institute Finance
Milken Institute Finance tackles challenges across the financial system through thought leadership, research, and insights to influence private-sector practices and public-sector policies to improve fair access, efficiency, and reliability of markets and institutions.
Finance Pillar Highlight
Insights
Investing in the Future – Innovations in Critical Mineral Supply Chains
Learn how innovation can drive sustainable mineral supply chains.

Finance Portfolios
We work within six portfolio areas: 10,000 Communities; Financial Innovations Labs; FinTech and Innovation; Geo-Economics, Climate Resilience, and Innovation; Inclusive Capitalism; and Lifetime Financial Security.
Featured Thought Leadership

Federal Funding in Doubt? Create New State-Level Ecosystems that Back Community Development Financial Institutions
Earlier this month, the entire staff of the Treasury Department's Community Development Financial Institutions (CDFI) Fund was terminated as part of a large-scale reduction in force.Read ArticleImage
Rachel Reilly
Senior Advisor, Milken Institute FinanceRachel Reilly is the founder and CEO of Aces & Archers, a strategic advisory and consulting firm focused on addressing socioeconomic inequality by reimagining traditional models for economic growth and private investing.
Milken Institute Global Investors’ Symposium Returns to Mexico City on October 22, Showcasing Mexico’s Strategic Advantages as a Global Investment Hub
MEXICO (MEXICO CITY), OCTOBER 13, 2025—The Milken Institute announced today that the second Global Investors’ Symposium in Mexico City will make its return on October 22, taking place at the Four Seasons Hotel Mexico City.Read Article
El Global Investors’ Symposium del Milken Institute regresa a la Ciudad de México el 22 de octubre, destacando las ventajas estratégicas de México como centro global de inversión
El Milken Institute anunció hoy que su segundo Global Investors’ Symposium en la Ciudad de México se llevará a cabo el 22 de octubre en el Hotel Four Seasons. Después del éxito de la edición inaugural celebrada en 2024, el evento busca...Read Article
Investing in the Future – Innovations in Critical Mineral Supply Chains
The world needs minerals found in the Earth’s crust—and lots of them. Their prized properties render them essential. Smartphones use minerals to enable a touch response, emit glow and vibrations, provide high-quality audio and video, and...Read Article
Stories from the Field: Kei Onishi
You’ve spent 17 years of your career at Yamaha Motor Company. How has your ability to adapt to disruptions shaped your current role at Yamaha Motor Ventures? Throughout my tenure at Yamaha Motor Company, I’ve led diverse teams across...Read Article
Innovative Financing Models for Resilient Critical Mineral Supply Chains
The need for resilient and secure critical mineral supply chains is now a globally acknowledged concept. Decades of investment disparities have exposed the fragility of supply, as strong and rising global demand clashes with monopolistic...Read Report
The Impact of Mining on Local Communities
Global mining demand from clean energy technologies is projected to double—or more—by 2040. Meeting this demand through increased mining activity is crucial to addressing climate change, but it will also significantly and disparately impact...Read ReportImage
Brock Smith
Associate Director, ResearchBrock Smith, PhD, is an associate director on the research team at the Milken Institute. His research has focused on environmental economics and natural resource economics, particularly the economic and social effects of natural resource booms.
20 Years After Katrina: Rebuilding for Real Resilience
Two decades ago, the levees broke in New Orleans during Hurricane Katrina, and the results broke our hearts. The storm exposed one city’s vulnerability to a hard-charging Category 3 hurricane and tragically upended the lives of the city’s...Read ArticleInclusion of NDAA Amendment 3732 to Further the Impact of the Community Development Financial Institution (CDFI) Industry
The Honorable John Thune Majority Leader United States Senate Washington, DC 20510 The Honorable Charles E. Schumer Democratic Leader United States Senate Washington, DC 20510 The Honorable Roger F. Wicker Chairman, Armed Services Committee...Read Letter
The Missing Billions: Analyzing the Impact of Women-Led Fund Managers
This report from the Milken Institute Inclusive Capitalism Program, in collaboration with the Research team at Milken Institute Finance, analyzes the impact of female emerging venture funds on the greater financial landscape.Read Report
Global Digital Asset Adoption: Asia
Asia is a global proving ground for digital financial innovation, regulation, and adoption. With the world’s largest population—4.9 billion—significant capital heft, and a unique mix of emerging and emerged economies, the region benefits...Read Article
After the Fires, the Fires Still Burn
On January 7, 2025, the Los Angeles metropolitan area experienced something unprecedented in modern American history. Two simultaneous urban fires broke out in Los Angeles County, fueled by a nine-month drought and hurricane-strength winds...Read ArticleImage
Kevin Klowden
Executive Director, Milken Institute FinanceKevin Klowden is the executive director of Milken Institute Finance. He specializes in the study of key factors that underlie the development of competitive regional economies (clusters of innovation, patterns of trade and investment, and concentration of skilled labor) and how these are influenced by public policy and, in turn, affect regional economies both globally and nationally.





















