AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Bloomberg Businessweek
Reducing the Under Representation of People of Color in Finance
Jun 6, 2024
26:14
Snipd AI
Marcus Shaw, CEO at AltFinance, talks about promoting diversity in finance by supporting students from HBCUs. They discuss the importance of inclusive talent acquisition, leadership development at HBCUs, and the impact of private credit on traditional financial institutions.
Read more
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Alt Finance initiative tackles underrepresentation of people of color in private equity through talent development at HBCUs.
- Diverse talent recruitment in finance industry improves outcomes and fosters a sense of belonging for individuals.
Deep dives
Alt Finance's Efforts to Address Underrepresentation in Private Equity
Alt Finance, a $90 million 10-year initiative, aims to tackle the underrepresentation of people of color in private equity. Seeded by Aries, Oaktree, and Apollo, Alt Finance focuses on developing talent from historically black colleges and universities for non-traditional investment asset classes, including private equity, real estate, and more. The initiative's commitment arose from the drive to address racial disparities following significant events like the George Floyd incidents in 2020.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode