Girls Who Invest is expanding its portfolio.
The non-profit organization working to increase the number of women in portfolio management and executive leadership in the asset management industry, now also want to increase diversity when it comes to race, socioeconomic background, college major and undergraduate institution.
Girls Who Invest partners with more than 100 of the largest institutional money managers. Its flagship 10-week program for rising college juniors is taught by leading academics and industry professionals, including faculty from the Wharton School and UCLA Anderson School of Management, followed by six-week paid internships in frontline investing at the partner firms.
More than 500 women have successfully completed the program since 2016, and the new goal is to have at least 25% of scholars come from historically underrepresented communities by 2025, with the help of a $885,000 grant from the Robert Wood Johnson Foundation.