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Lack of Diversity Led Cornell Students to Create University's First Minority-Owned Investment Fund

No representation, no problem! After realizing the lack of representation at Cornell University’s top finance clubs, these two junior students decided to create a space of their own, reports Black Enterprise. Intense research and a mission to help mold the next generation of Black and brown finance leaders at the Ivy League, led students, Cheick Camara and Ermias Tadesse to discover that Black and Hispanic students make up less than five percent of the demographic at the university’s exclusive finance clubs. While the clubs were highly selective and exclusive, when Camara and Tadesse looked around the lack of inclusivity was shocking as they were the only students of color in their respective clubs. The feelings that followed left Harlem, New York native Camara feeling like an “imposter.” Tadesse — a native of Alexandria, VA — shared a similar disconnect within the organization. Together, they then created Cornell’s first minority-owned investment fund, BlackGen Capital, in November...

Jan 7, 2021