David W. Boral is the Chief Executive Officer of D. Boral Capital and founded the firm in May of 2020. Prior to D. Boral Capital, David held several leadership positions in the Investment Banking and Capital Markets industry. His 17 years of expertise spans both public and private transactions including IPOs, Secondaries / Follow-on Offerings, SPACs, PIPEs, Reverse Mergers, M&A, Bankruptcy / Restructurings, Cross Listings, and other private and public offerings in the US and abroad. In addition to his work at D. Boral Capital, David is dedicated to improving the world around him, specifically the lives of children and veterans. He currently serves on the advisory board for Keep A Child Alive, a nonprofit organization that provides healthcare, housing, and other support services to HIV/AIDS-affected communities in Africa and India. He also partners with St. Jude Children’s Research Hospital, Heroes Among Us, and Project Rousseau through corporate sponsorships. David holds a bachelor’s degree in business administration from the Lubin School of Business at Pace University.
Company: D. Boral Capital
We are thrilled to have you join us today, welcome to ValiantCEO Magazine’s exclusive interview! Let’s start off with a little introduction. Tell our readers a bit about yourself and your company.
David Boral: Thanks so much for having me, it’s a pleasure to be here today! To get started, I am the Founder and CEO of D. Boral Capital. We are an investment bank headquartered in New York that provides advisory and financing solutions to middle market and emerging growth companies. Our team has aggregated over $23 billion in capital across more than 300 transactions in various industries. Our mission is to empower our clients to confidently pursue their strategic goals, enabling them to generate lasting value and shape the future of the business.
How does your company integrate purpose and impact into its overall business strategy?
David Boral: At D. Boral Capital, we are very passionate about philanthropy and the opportunity to make a difference in our community, and that goes beyond the work we do to help companies achieve their goals. Our team is committed to creating a meaningful impact through community support and corporate social responsibility and we encourage all of our clients to do the same. In addition to financial contributions, we strive to be leaders by volunteering our time and being a catalyst for positive change. Recently, in December 2024, we held a volunteer day at the Madison Square Boys and Girls Club, supporting students and showcasing the importance of athletics and sport in addition to academic excellence. We emphasize the value of active participation in creating social change by encouraging our employees and leadership to engage directly with our community. We plan to continue to serve our community with several more events planned for 2025.
Can you share an example of how your business has successfully balanced profitability with social responsibility or sustainability?
David Boral: D. Boral Capital has recently reported our strong revenue growth and financial position. Our 2024 revenues were close to $100M and had positive net income. Focused on providing high-quality service, coupled with social responsibility is the goal.
In 2024, D. Boral Capital made significant charitable donations to two impactful organizations: Keep a Child Alive and Project Rousseau. This showcases our approach that philanthropy can be a major part of a business to make the world a better place.
Keep a Child Alive is an organization committed to ensuring every child should have the opportunity to become all that they can be. The organization focuses on supporting the solutions identified by local communities around the world, with a focus on Africa and Asia, to demonstrate how the right support can set children and their families up for long-term success. We are beyond proud of the work that our contributions have enabled at Keep a Child Alive and are excited to see what they are able to achieve next.
Project Rousseau is one of our key partners for working right here in New York City. Their team empowers youth through programs that provide academic support, mentorship, international exchanges, community service, and more to students living in our community.
What role does philanthropy or community involvement play in your company’s mission, and why is it important to you as a leader?
David Boral: Our impact will always go beyond our company’s mission. We provide support, in both financial and volunteer commitments, to make a direct impact to our community in youth development, healthcare, elderly needs, and more to maintain a high level of service while continuing to be a leader in the investment banking industry. We at D. Boral Capital are creating a culture of positive change to leave a long-lasting social impact on our world. By combining our financial giving with our employee-driven initiatives, we have created a community of leaders in business and social giving which has helped build a stronger community as well as help our team be more driven on our purpose.
How do you ensure that purpose-driven initiatives resonate with both your employees and your customers?
David Boral: D. Boral Capital ensures that philanthropy is part of the core values at the company in every facet of our operations. By fostering a culture of collaboration, our team partners in these initiatives empowering them with the resources to enact positive change. We look for these qualities in every employee who works for the firm and ensure that this is seen in the companies we represent as well. Overall, the goal of D. Boral is to drive positive change, deliver exceptional value, and make an impact on the community in any way we can.
What advice would you give to other leaders looking to embed purpose and impact into their organizations?
David Boral: I feel that social responsibility should be an essential element of an organization. When your team is invested in social responsibility and having a positive impact, the results on both your company and the community can be profound. We’ve recently adopted the more expansive philanthropic strategy shared above and the camaraderie that it has supported here at D. Boral Capital as we work together to support common goals in both business and community impact has been an amazing result of this ongoing project. Focus on building your culture around more than just business, and the culture will help you build on purpose and impact.