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AltFinance: Investing in Black Futures is a 10-year, $90 million initiative established by Apollo Global Management, Inc., Ares Management Corporation, and Oaktree Capital Management, L.P. to help diversify the financial services industry. With the establishment of a fellowship program, scholarship funding, and a virtual institute, AltFinance is providing clear pathways for students at partnering Historically Black Colleges and Universities (HBCUs) into careers in the alternative investment industry. The AltFinance Fellowship Program is helping ambitious students learn about finance and alternative investments, receive one-on-one mentorship, obtain scholarship funding to pursue professional and academic goals, and access internships and full-time jobs at alternative investment firms. Furthermore, The Wharton School of the University of Pennsylvania is partnering with AltFinance to create a virtual institute so that more students will benefit from AltFinance’s work in years to come. The Institute provides a best-in-class virtual platform that will scale to all HBCU students and provide a robust mix of top-tier academic content from finance programs and a supplemental learning experience. Launched in June 2021, in year one, AltFinance fellows moved closer to learning about a career in the alternative investment industry and how to navigate a successful career in the finance field. Nearly 70% of fellows are now part of the pipeline to careers in finance through summer internships at alternative investment firms or investment banks.
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Howard University Named as Partner in $90 Million Initiative to Create Diverse Pipeline to Alternative Finance Industry - The Dig at Howard University

Howard University Named as Partner in $90 Million Initiative to Create Diverse Pipeline to Alternative Finance Industry The Dig at Howard University

APOLLO, ARES AND OAKTREE TO LAUNCH $90 MILLION INITIATIVE FOR STUDENTS AT HISTORICALLY BLACK COLLEGES AND UNIVERSITIES - Wharton Newsroom

APOLLO, ARES AND OAKTREE TO LAUNCH $90 MILLION INITIATIVE FOR STUDENTS AT HISTORICALLY BLACK COLLEGES AND UNIVERSITIES Wharton Newsroom

Marcus Shaw Named CEO of ALT Finance Corporation - PR Newswire

Marcus Shaw Named CEO of ALT Finance Corporation PR Newswire

AltFinance Celebrates Its One-Year Anniversary with Additional Gift to Morehouse College - Morehouse College

AltFinance Celebrates Its One-Year Anniversary with Additional Gift to Morehouse College Morehouse College

Expanding Opportunity in the Alts Industry with AltFinance CEO Marcus Shaw - Apollo Global Management

Expanding Opportunity in the Alts Industry with AltFinance CEO Marcus Shaw Apollo Global Management

US private equity diversity project for Black students affirms commitment - Financial Times

US private equity diversity project for Black students affirms commitment Financial Times

AltFinance Adds 44 New HBCU Students to Its Second Alternative Investment Fellowship Class - Business Wire

AltFinance Adds 44 New HBCU Students to Its Second Alternative Investment Fellowship Class Business Wire

A $90 million Wharton and Wall Street partnership will prep students of color for careers in finance - Inquirer.com

A $90 million Wharton and Wall Street partnership will prep students of color for careers in finance Inquirer.com

‘AltFinance’ Created To Help More Black Students Enter Finance Careers - Poets&Quants for Undergrads

‘AltFinance’ Created To Help More Black Students Enter Finance Careers Poets&Quants for Undergrads

AltFinance Celebrates First-Year Success With $2 Million Dollar Commitment to HBCUs - EBONY Magazine

AltFinance Celebrates First-Year Success With $2 Million Dollar Commitment to HBCUs EBONY Magazine

HBCU students diversify alternative investing with the help of Wall Street’s biggest firms - CNBC

HBCU students diversify alternative investing with the help of Wall Street’s biggest firms CNBC

How a $90M HBCU investment is paying big dividends for Atlanta students - AJC.com

How a $90M HBCU investment is paying big dividends for Atlanta students AJC.com

Crypto assets – how to regulate the Wild West of alt finance? The FCA speaks - Diginomica

Crypto assets – how to regulate the Wild West of alt finance? The FCA speaks Diginomica

Book Review: Alt-Finance: How the City of London Bought Democracy by Marlène Benquet and Théo Bourgeron - The London School of Economics and Political Science

Book Review: Alt-Finance: How the City of London Bought Democracy by Marlène Benquet and Théo Bourgeron The London School of Economics and Political Science

Alt Finance: Transparent By Nature - PYMNTS.com

Alt Finance: Transparent By Nature PYMNTS.com

Alt-Finance for Alt-Tech: Monetizing the Insurrection Online Before and After January 6 - New America

Alt-Finance for Alt-Tech: Monetizing the Insurrection Online Before and After January 6 New America

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