Looks like Naomi Campbell and Ghislaine Maxwell (with her back to camera) both in attendance at Bill Clinton's inauguration party in January 1997. (Could be at Camp David in the Aspen Lodge from what little we can see of background.)
Compare black dress, glint off jewelled necklace and bob haircut along with slim gold ring (which Naomi wore on various fingers/the thumb during those years according to other pics 1991-1997.)
Ghislaine seems to be wearing the same jacket to the inauguration party, that she also wore in this pic with POTUS taken several months later in October 1997.