Data and transparency shouldn’t be something that advocates for emerging and diverse asset managers push back on.
Lower-level positions at asset management firms are the most diverse by both racial and gender measures, while equity ownership and senior management positions were the least diverse, results from Meketa Investment Group’s diversity, equity and inclusion questionnaire show.
A new bill has been introduced that would aim to increase diversity in the asset management sector.
Evelysse Vargas has joined Zeal Capital Partners as a senior consultant, the venture capital firm announced.
Base10 Partners has closed a new $460 million early-stage fund, bringing the Black-led venture capital firm’s total assets under management beyond $1 billion, the firm announced.
Gloria Nelund was ready to retire. After serving as ceo of the U.S. private wealth management division at Deutsche Bank following a career that had included time as managing director of Scudder Kemper Investments and as ceo of BofA Capital Management, she was ready to give back.
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