BLAISE

In the world of finance, there is a dearth of people of color. According to the Bureau of Labor Statistics (BLS), Black and Hispanic professionals represent 5.8% and 8.1%, respectively, of the labor force in financial careers within securities, commodities, funds, trusts, and other finance-related fields. In the asset management industry, Hispanic professionals represent less than 4% of managing directors and 3% of  analysts, while Black professionals make up around 2% for both positions. For Native communities, data is currently not tracked by the BLS. This lack of diversity represents a significant opportunity for companies given the body of research that underscores the benefits of diversity in contributing to the financial performance of firms. 

We aim to open a path to careers in impact investing with our BLAISE (BIPOC Leaders Advancing an Inclusive and Sustainable Economy) program by addressing some of the key barriers to participation for BIPOC students.  

The BLAISE internship program is tailored to address those challenges for BIPOC students. The program facilitates the development of professional networks, provides training and exposure to the field, and provides a stipend that allows them to participate regardless of financial circumstances.