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AltFinance Donates $2M To Help HBCU Students Find Careers In The Alternative Asset Management Industry

A celebration is even better when it involves supporting your community. AltFinance is giving a helping hand to Historically Black Colleges and Universities (HBCUs) in alignment with its one-year launch anniversary. According to a press release shared with AfroTech, the company is donating $2 million to HBCU partners, Howard University, and the Atlanta University Center institutions: Clark Atlanta University, Morehouse College, and Spelman College. A donation of $500,000 will go to each of the schools for their alternative investment fellowship program in an effort to help HBCU students venture successfully into the alternative asset management industry. “The partnership between these four colleges and universities and AltFinance has already begun to create meaningful and lasting impact for HBCU students, the alternative investments industry, and our shared future,” stated Marcus Shaw, CEO of AltFinance, per the press release. “We have established a solid foundation in our first...

Jun 30, 2022

Here's How Morehouse Alum Marcus Shaw Aims To Diversity The Alternative Investment Industry As AltFinance CEO

ALT Finance Corporation (AltFinance) has a new leader! Earlier this month, the company named Marcus Shaw as its Chief Executive Officer, where he will take the organization to new heights as it looks to continue its mission to increase diversity across the alternative investment industry. Hopping right into his role, Shaw has launched the application for the AltFinance Fellowship program at the following Historically Black Colleges and Universities (HBCUs): Clark Atlanta University, Howard University, Morehouse College and Spelman College. The program was created to align with national nonprofit Management Leadership for Tomorrow, representatives from Apollo Global Management, Ares Management, and Oaktree Capital Management, as well as the HBCUs. “HBCUs are a valuable, yet often overlooked, part of the global talent landscape,” said Shaw in an official statement shared with AfroTech. “As alternative investments become a bigger part of the economy, we are excited to partner with...

Sep 27, 2021