Learn more about the 2022 AltFinance Fellowship

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Building and expanding pathways for HBCU students to alternative investment management.

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About AltFinance

Students at Historically Black Colleges and Universities exploring a future in finance should have clear pathways and guidance available to help turn their ambition and potential into a rewarding career.

Alternative investment firms Apollo, Ares, and Oaktree are investing $90 million over the next 10 years so HBCU students interested in finance can gain exposure, mentorship and hands-on experience to jumpstart a career in alternatives.

Initially in partnership with Clark Atlanta University, Howard University, Morehouse College, and Spelman College, Management Leadership for Tomorrow (MLT) and the Wharton School of the University of Pennsylvania, AltFinance is building opportunity at every step of the pathway from college to career in order to create meaningful and lasting impact for HBCU students, the financial industry, and our shared future. We are excited to include these HBCUs in the launch of AltFinance and anticipate that our partnerships will grow as we continue this initiative.

Founding Partners

Career Development Partner

Academic Content Partner

HBCU Partners

Our Approach

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Developed and implemented in partnership with MLT, the AltFinance Fellowship provides students from partner HBCUs (Clark Atlanta University, Howard University, Morehouse College, and Spelman College) intensive preparation, mentorship and guidance for breaking into alternatives.

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AltFinance Fellows will be eligible for need-based scholarships.

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Virtual Institute

Students at all HBCUs can take courses in our virtual institute, where we’ll provide a mix of top tier academic content from finance programs at HBCUs and our academic strategic partner the Wharton School of the University of Pennsylvania as well as new content developed by professionals at Apollo, Ares, and Oaktree.

Why Alternatives?

Alternative investing, a sub-section of asset management, is a trillion-dollar industry that invests in companies and assets. Alternative investment firms are supported by investors with independent wealth funds, governments, and pension funds. With a focus on private equity and credit, venture capital, real estate, infrastructure, and more, it’s a vast, influential field that thrives on creative thinking and people and ideas that break the mold.

Careers in alternatives are fast-paced, intellectually demanding, and limitless, and the people who work in the field make a tangible impact by funding innovation, financing important projects in fields like renewable energy and healthcare, and more. Recruiting talent with diverse perspectives is essential to help shape these complex investing decisions.

Get In Touch

If you’re interested in learning more about AltFinance or finding ways to work together, reach out. We’d love to hear from you.


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