| Summary: | Investment company owner Gwendolyn Smith Iloani was born in Jamaica on November 19, 1955. Iloani came to the Brooklyn, New York with her family at the age of six. Iloani received her B.A. degree in sociology from Colgate University and her M.B.A. degree from the University of Hartford. Iloani worked in a variety of insurance and financial firms before founding her own investment company. Iloani began her career as a math analyst at New York Life in the late 1970s and then moved to Connecticut Mutual as a management trainee. In 1980, Iloani moved to Aetna, Inc. where she rose through the ranks to become a managing director. In 1994, she founded Smith Whiley, a Hartford, Connecticut, investment firm specializing in providing mezzanine debt and private equity for management buyouts, recapitalizations, acquisitions, and growth capital. Smith Whiley & Co. was the fourth-largest black-owned private equity firm and it managed in excess of $600 million.
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