The investment management industry is often referred to as a relationship business, and one organization is looking to build and extend those networks for students, particularly those at historically Black colleges and universities looking to enter the field.
Historically Black colleges and universities, typically limited by the size of their assets, are looking to gain further access to alternative assets as they seek to grow their endowments to further their mission as well as capture outsized returns that have swelled higher education institutions’ portfolios.
While the diverse makeup of many historically black colleges and universities’ endowments needs to be further built out, the institutions’ contributions to the pipeline of diverse talent in the investment management industry cannot be overstated, according to those involved with the industry.
COVID-19 Struggles Shouldn’t Distract From Endowment Diversification
