Industry News: ESG

Apollo, Ares and Oaktree to Launch $90 Million Initiative for Students at Historically Black Colleges and Universities

Written by ESG | 21-Jun-2021 1:25:48 PM

2021-06-15

Business Wire: Apollo Global Management, Inc. (Apollo), Ares Management Corporation (Ares) and Oaktree Capital Management, L.P. (Oaktree) today announced a 10-year, $90 million, industry-first initiative, “AltFinance: Investing in Black Futures™.” The initiative is designed to diversify the alternative investment industry by attracting, training and providing career opportunities for college students attending three Historically Black Colleges and Universities (HBCUs).

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