Community Board

Alice Vilma


Alice Vilma is a Managing Director and Co-Head of the Next Level Fund, an early-stage venture fund investing in tech and tech-enabled startups with founders of color and women. Prior to establishing the Next Level Fund, Vilma served as the Co-Head of the Multicultural Client Strategy Group at Morgan Stanley (now the Morgan Stanley Inclusive Ventures Group), leading Morgan Stanley’s efforts to strengthen its connection to the multicultural business community through development and execution of commercial opportunities with corporate, government, institutional and individual clients. In this role, Vilma launched the firm’s Multicultural Innovation Lab (now the Morgan Stanley Inclusive Ventures Lab) in 2017, an in-house accelerator that invests in and supports early-stage tech and tech-enabled startups with diverse founders. Vilma has been with Morgan Stanley for over 15 years and has held several different roles within the firm, including in Equity Capital Markets and Securitization. She has over 20 years of investment banking, capital markets, structured finance and investing experience, executing over $25Bn of securitization, structured finance and equity transactions.

She graduated cum laude with a B.B.A. in Finance from the University of Miami and received her MBA from the Harvard Business School. She serves on the boards of Freefrom, the New York Road Runners and the Arnold Gold Foundation and is a member of the Board of Trustees of the University of Miami. She is also a Leadership Fellow of the Lincoln Center for the Performing Arts.