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A long way to go in manager diversity

Joan Solotar called efforts to increase gender diversity ‘hand-to-hand combat.’


Money managers are creating or expanding programs to increase the number of women in the industry, now a hot topic as high-profile pay and discrimination lawsuits grab headlines and investors press managers to disclose efforts to boost diversity.

"Programs are great but ... (increasing diversity is) hand-to-hand combat," said Joan Solotar, a New York-based senior managing director at The Blackstone Group LP, head of private wealth solutions and external relations. "It is incumbent on me and other professionals at Blackstone to make it work."

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15 May 2018


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