Broadening Access to Mental Health Care for Ethnically Diverse Students

We’re wrapping up the year hard at work with big plans for 2025. New focus, new guests, new conversations. Thank you for your patience as we are reimagining.In the meantime, we’re continuing to bring you the “Best of” Access & Opportunity by revisiting my 2021 conversation with NBA champion turned investor, Andre Iguodala.Andre isn’t just a four-time NBA champ and Finals MVP—he’s the master of the pivot, a key playbook for Access & Opportunity. While cementing his legacy on the court, Andre began making moves to achieve success off the court, too. In 2010, he ventured into investing, funding companies you know today, like Zoom and Allbirds. In 2021, he doubled down. He started investing in underfunded tech founders as a partner at the Catalyst Fund. Last year, Andre announced his retirement from the league. But, if his hustle is any indication, he won’t be slowing down anytime soon. Today, he continues to put capital into the hands of overlooked entrepreneurs through MOSAIC, a $200 million early-stage venture capital firm he co-founded. In this episode, Andre lays out his playbook for building a lasting legacy: by betting on the right people, staying curious, and using every opportunity to open doors for others. It’s a masterclass in making your mark.The guest speakers are neither employees nor affiliated with Morgan Stanley & Co. LLC. (“Morgan Stanley”). The views and opinions expressed herein do not necessarily reflect those of Morgan Stanley. The information and figures contained herein has been obtained from sources outside of Morgan Stanley and Morgan Stanley makes no representations or guarantees as to the accuracy or completeness of information or data from sources outside of Morgan Stanley. Morgan Stanley is not responsible for the information or data contained in this podcast.This podcast does not provide individually tailored investment advice and is not a solicitation of any offer to buy or sell any security or other financial instrument or to participate in any trading strategy. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.Apple®, the Apple logo, iPhone®, iPad®, and iPad Air® are trademarks of Apple Inc., registered in the US and other countries. Apple Pay® and iPad mini® are trademarks of Apple Inc. App Store® is a service mark of Apple Inc.© 2024 Morgan Stanley, All Rights Reserved. CRC 4093280, 12/2024

A whole new vision for Access and Opportunity is coming your way soon. Thank you for your patience and grace. It’s incredibly exciting to reimagine a show six years in the making. Today, we’re continuing to bring you the “Best of” Access & Opportunity by revisiting one of our favorite conversations, with Nely Galán. Nely embodies the ethos of Access & Opportunity. She’s a savvy woman of color in business who’s written her own story by betting on herself time and again — starting as an Avon saleswoman at just 13 years old, and culminating with becoming the first-ever Latina President of Entertainment for a U.S. television network. As a titan in media, Nely’s own journey is made for TV. It’s a story full of grit, twists and turns, and lessons learned. And by no means is it done. Today, Nely’s life continues to be too full to fit into a single title. She’s an Emmy award-winning producer, a mother, an entrepreneur, a media mogul and a real estate powerhouse and, Carla's personal favorite — a mentor.Disclaimers (for web page and RSS feed)The guest speakers are neither employees nor affiliated with Morgan Stanley & Co. LLC. (“Morgan Stanley”). The views and opinions expressed herein do not necessarily reflect those of Morgan Stanley. The information and figures contained herein has been obtained from sources outside of Morgan Stanley and Morgan Stanley makes no representations or guarantees as to the accuracy or completeness of information or data from sources outside of Morgan Stanley. Morgan Stanley is not responsible for the information or data contained in this podcast.This podcast does not provide individually tailored investment advice and is not a solicitation of any offer to buy or sell any security or other financial instrument or to participate in any trading strategy. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.Apple®, the Apple logo, iPhone®, iPad®, and iPad Air® are trademarks of Apple Inc., registered in the US and other countries. Apple Pay® and iPad mini® are trademarks of Apple Inc. App Store® is a service mark of Apple Inc.© 2024 Morgan Stanley, All Rights Reserved. CRC 4049269, 11/2024

We here at Access and Opportunity are hard at work on the next iteration of this show. There will be a lot that’s new, but the heart of the show will always be uplifting the voices and work of those pushing a path forward towards a more equitable future. So today, we’re revisiting our 2021 conversation with educator Betsy Mayotte to discuss how having the right information at the right time can make navigating the student financing industry more manageable.But first we'll hear from Farrukh Siddiqui, an entrepreneur whose company uses income share agreements, or ISAs, to help student borrowers get out of debt. Come on and join us for the ride.DisclaimersThe guest speakers are neither employees nor affiliated with Morgan Stanley & Co. LLC. (“Morgan Stanley”). The views and opinions expressed herein do not necessarily reflect those of Morgan Stanley. The information and figures contained herein has been obtained from sources outside of Morgan Stanley and Morgan Stanley makes no representations or guarantees as to the accuracy or completeness of information or data from sources outside of Morgan Stanley. Morgan Stanley is not responsible for the information or data contained in this podcast.This podcast does not provide individually tailored investment advice and is not a solicitation of any offer to buy or sell any security or other financial instrument or to participate in any trading strategy. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.Apple®, the Apple logo, iPhone®, iPad®, and iPad Air® are trademarks of Apple Inc., registered in the US and other countries. Apple Pay® and iPad mini® are trademarks of Apple Inc. App Store® is a service mark of Apple Inc.© 2024 Morgan Stanley & Co. LLC, Member SIPC. All rights reserved. CRC 3906185 10/2024

We here at Access and Opportunity are hard at work on the next iteration of this show. There will be a lot that’s new, but the heart of the show will always be uplifting the voices and work of those pushing a path forward towards a more equitable future. So today, we’re revisiting Carla's 2022 conversation with Kara Nortman, a venture capitalist who started a National Women's Soccer League team, to make a playbook for all women’s sports leagues to win by. But first we'll hear from WNBA star Nneka Ogwumike, President of the Women’s National Basketball Players Association. Nneka will give us context to the WNBA’s ongoing and active discussions around pay. Then, we’ll turn to Carla's conversation with Kara for her playbook to build thriving women’s sports leagues — and the resources and capital required to make lasting change. Come on and join us for the ride.DisclaimersThe guest speakers are neither employees nor affiliated with Morgan Stanley & Co. LLC. (“Morgan Stanley”). The views and opinions expressed herein do not necessarily reflect those of Morgan Stanley. The information and figures contained herein has been obtained from sources outside of Morgan Stanley and Morgan Stanley makes no representations or guarantees as to the accuracy or completeness of information or data from sources outside of Morgan Stanley. Morgan Stanley is not responsible for the information or data contained in this podcast.This podcast does not provide individually tailored investment advice and is not a solicitation of any offer to buy or sell any security or other financial instrument or to participate in any trading strategy. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.Apple®, the Apple logo, iPhone®, iPad®, and iPad Air® are trademarks of Apple Inc., registered in the US and other countries. Apple Pay® and iPad mini® are trademarks of Apple Inc. App Store® is a service mark of Apple Inc.© 2024 Morgan Stanley & Co. LLC, Member SIPC. All rights reserved. CRC 3906185 10/2024

We are hard at work on the next iteration of the podcast, which is a great time to revisit a foundational playbook point for Access & Opportunity: the power of mentorship. On this 2021 episode, we’re talking about the importance of reaching back to help others on their business journey and how alternative sources of investment can help women of color take their companies to the next level. We hear from Maya Penn, founder and CEO of Maya’s Ideas, a slow fashion brand she started at just eight years old. She shares what she's learned about raising funds as a young, black, female entrepreneur, and the help she’s received along the way. Then, host Carla Harris sits down with Maya’s mentor, Phyllis Newhouse, to hear about her role as the first Black female CEO of a special purpose acquisition company, or SPAC, alongside fintech founder and venture capitalist Isabelle Freidheim. We talk about how alternative investment can help bolster women of color owned companies. Come on and join us for the ride.https://www.morganstanley.com/what-we-do/inclusive-innovation-and-opportunityDisclaimer textThe guest speakers are neither employees nor affiliated with Morgan Stanley & Co. LLC. (“Morgan Stanley”). The views and opinions expressed herein do not necessarily reflect those of Morgan Stanley. The information and figures contained herein has been obtained from sources outside of Morgan Stanley and Morgan Stanley makes no representations or guarantees as to the accuracy or completeness of information or data from sources outside of Morgan Stanley. Morgan Stanley is not responsible for the information or data contained in this podcast.This podcast does not provide individually tailored investment advice and is not a solicitation of any offer to buy or sell any security or other financial instrument or to participate in any trading strategy. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.Apple®, the Apple logo, iPhone®, iPad®, and iPad Air® are trademarks of Apple Inc., registered in the US and other countries. Apple Pay® and iPad mini® are trademarks of Apple Inc. App Store® is a service mark of Apple Inc. © 2024 Morgan Stanley & Co. LLC, Member SIPC. All rights reserved.CRC 3859285 09/2024

Latino Americans’ purchasing power hit $3.4 trillion in 2021, according to a report from the Latino Donor Collaborative, and is expected to account for over one-third of growth in apparel spending in the next five years, according to the 2021 Claritas Hispanic Market Report. With Nielsen noting that women are largely in control of household spending in this demographic, designers and retailers are working to make their sectors more inclusive to Latinas as consumers. But it’s a tough hill to climb given they remain underrepresented in leadership roles in both fashion and retail, with Women’s Wear Daily calling out our guest, Sandra Campos, as one of the only Latina CEOs in global fashion during her tenure at Diane von Furstenberg.On this episode, we hear from Sonia Smith Kang, an AfroLatina mother who left a career in nursing to start the multicultural children’s clothing line, Mixed Up Clothing, after struggling to find representative clothing for her own kids. Then, Carla speaks to Sandra Campos, a leading Latina voice in retail and the co-founder of Latina Disrupters, an annual networking event for entrepreneurs. They discuss the need to empower Latinas working in retail and fashion so they can take on leadership positions in the space, as well as how US retailers can better serve the rapidly growing Latino population.https://www.morganstanley.com/what-we-do/inclusive-innovation-and-opportunity Disclaimer textThe guest speakers are neither employees nor affiliated with Morgan Stanley & Co. LLC. (“Morgan Stanley”). The views and opinions expressed herein do not necessarily reflect those of Morgan Stanley. The information and figures contained herein has been obtained from sources outside of Morgan Stanley and Morgan Stanley makes no representations or guarantees as to the accuracy or completeness of information or data from sources outside of Morgan Stanley. Morgan Stanley is not responsible for the information or data contained in this podcast. This podcast does not provide individually tailored investment advice and is not a solicitation of any offer to buy or sell any security or other financial instrument or to participate in any trading strategy. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.© 2024 Morgan Stanley & Co. LLC, Members SIPC.

Rates of depression, anxiety and suicidal ideation among college students are at an all-time high. And while students of all backgrounds face similar levels of mental health challenges, ethnically diverse students are far less likely to seek treatment. That gap is due to factors including lack of access to a diverse selection of counselors; cultural stigmas surrounding mental health; and the cost of care. The need for more robust mental healthcare continues once students transition into the workforce. On this episode, we hear from Diana Chao, a graduate student and the executive director and founder of Letters 2 Strangers, a global, youth-run mental health nonprofit that emerged from Diana’s own battle with mental illness. Then, host Carla Harris sits with Evan Rose, co-founder of The Steve Fund, the leading organization in the U.S. focused on supporting the mental health and emotional wellbeing of young people of color, and a non-profit member of the Morgan Stanley Alliance for Mental Health. They discuss the work that The Steve Fund is doing to offer a roadmap for higher education institutions and companies to create accessible mental healthcare solutions for their students and colleagues, respectively.For more information about the Steve Fund, go to https://stevefund.org. To learn more about Morgan Stanley’s Alliance For Children’s Mental Health, visit https://www.morganstanley.com/about-us/giving-back/alliance-childrens-mental-health. https://www.morganstanley.com/what-we-do/inclusive-innovation-and-opportunity Disclaimer textThe guest speakers are neither employees nor affiliated with Morgan Stanley & Co. LLC. (“Morgan Stanley”). The views and opinions expressed herein do not necessarily reflect those of Morgan Stanley. The information and figures contained herein has been obtained from sources outside of Morgan Stanley and Morgan Stanley makes no representations or guarantees as to the accuracy or completeness of information or data from sources outside of Morgan Stanley. Morgan Stanley is not responsible for the information or data contained in this podcast. This podcast does not provide individually tailored investment advice and is not a solicitation of any offer to buy or sell any security or other financial instrument or to participate in any trading strategy. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.© 2023 Morgan Stanley & Co. LLC, Members SIPC.

With advances in technology, the music industry is changing faster than ever. Streaming services add more than 100,000 new songs every day. In this environment, artists’ ability to market and distribute their own work brings a lot of opportunity. But the influx of new music also means more competition for creatives hoping to break through. Meanwhile, record companies and publishers often control ownership of music rights, meaning that they can profit disproportionately.In this episode, we’ll hear from changemakers who are helping creatives in this evolving landscape take control of their careers and maintain ownership of their rights. First, we hear from Grammy award-winning songwriter Tiffany Red about her fight for fair pay and how it moved her to found The 100 Percenters, an advocacy group for artists experiencing similar challenges. Then, host Carla Harris sits down with UnitedMasters’ Chief Marketing Officer Chaucer Barnes, to discuss some of the ways that inequity persists in the music industry and how UnitedMasters is enabling artists to retain full ownership of their master rights and their earning potential.https://www.morganstanley.com/what-we-do/inclusive-innovation-and-opportunity Disclaimer textThe guest speakers are neither employees nor affiliated with Morgan Stanley & Co. LLC. (“Morgan Stanley”). The views and opinions expressed herein do not necessarily reflect those of Morgan Stanley. The information and figures contained herein has been obtained from sources outside of Morgan Stanley and Morgan Stanley makes no representations or guarantees as to the accuracy or completeness of information or data from sources outside of Morgan Stanley. Morgan Stanley is not responsible for the information or data contained in this podcast. This podcast does not provide individually tailored investment advice and is not a solicitation of any offer to buy or sell any security or other financial instrument or to participate in any trading strategy. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.© 2023 Morgan Stanley & Co. LLC, Members SIPC.

A 2022 analysis issued by consulting firm Oliver Wyman found a shortfall of 8,000 pilots in North America, or 11% of the total workforce. That gap is estimated to grow to nearly 30,000 by the end of the decade. In their pursuits to staff up and meet new hiring goals, there is an opportunity for commercial airlines in the United States to diversify an industry that has a legacy of being overtly white and male by breaking down the barriers to entry. On this episode, we’re exploring how the aviation industry is helping people from as many communities as possible to access roles within the industry. First, we hear from American Airlines pilot Captain Beth Powell about her journey to become one of just a few Black women holding high rank in the cockpit of commercial flights across America. Then, host Carla Harris sits down with Eric Hendrick, Delta Air Lines’ first Director of Pilot Outreach, to discuss the industry-wide endeavor to get more women and people of color involved into piloting. Come on and join us for the ride.https://www.morganstanley.com/what-we-do/inclusive-innovation-and-opportunity Disclaimer textThe guest speakers are neither employees nor affiliated with Morgan Stanley & Co. LLC. (“Morgan Stanley”). The views and opinions expressed herein do not necessarily reflect those of Morgan Stanley. The information and figures contained herein has been obtained from sources outside of Morgan Stanley and Morgan Stanley makes no representations or guarantees as to the accuracy or completeness of information or data from sources outside of Morgan Stanley. Morgan Stanley is not responsible for the information or data contained in this podcast. This podcast does not provide individually tailored investment advice and is not a solicitation of any offer to buy or sell any security or other financial instrument or to participate in any trading strategy. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.© 2023 Morgan Stanley & Co. LLC, Members SIPC.

On this episode, we discuss the lack of representation in the video game industry, from the stories that get told in games to the people who get to make them. While gamers of color are more active than their white counterparts, they still only make up about 13% of the gaming development industry, according to a study by Pew Research. First, we hear from Neil Jones, a Black video game developer who went independent after struggling for years to break into the industry. He shares what inspired him to pursue a career in video game development and the difficulties he and his peers faced looking for employment at traditional gaming studios. He shares how he  created and released his own survival game, Aerial Knight’s Never Yield, to carve his own path in. Then, host Carla Harris sits down with Damon Packwood, co-founder of Gameheads, a video game industry job training non-profit aimed at preparing marginalized students for work in the lucrative video game industry. We discuss how the marginalized youth in his Bay Area community are primed to take advantage of the upcoming demographics shift within the gaming community. Come on and join us for the ride.https://www.morganstanley.com/what-we-do/inclusive-innovation-and-opportunity Disclaimer textThe guest speakers are neither employees nor affiliated with Morgan Stanley & Co. LLC. (“Morgan Stanley”). The views and opinions expressed herein do not necessarily reflect those of Morgan Stanley. The information and figures contained herein has been obtained from sources outside of Morgan Stanley and Morgan Stanley makes no representations or guarantees as to the accuracy or completeness of information or data from sources outside of Morgan Stanley. Morgan Stanley is not responsible for the information or data contained in this podcast. This podcast does not provide individually tailored investment advice and is not a solicitation of any offer to buy or sell any security or other financial instrument or to participate in any trading strategy. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.© 2021 Morgan Stanley & Co. LLC, Members SIPC.