For the past several decades, although the demand for women and underrepresented groups in the institutional investment industry has remained high, despite a few notable exceptions, there has been little progress on sustaining top talent from the analyst seat to the C-suite. As a profession, asset management is still far from having equitable representation among its decision makers. Less than 1.6 percent of the $87 trillion in U.S. assets under management are managed by women and Black, Indigenous, and people of color (BIPOC). In this session, panelists will reconfigure the conversation around DEI and discuss how public and private stakeholders can ensure that high-performing women and BIPOC asset managers are properly valued and included across all levels of top investment firms.

Opening Remarks

Michael Milken

Chairman, Milken Institute

Moderator

Blair Carl Smith

Senior Director, Center for Financial Markets, Milken Institute

Speakers

Troy Duffie

Associate Director, Milken Institute

Philip Gaskin

Vice President, Entrepreneurship, Ewing Marion Kauffman Foundation

Nancy Wheeler

Instructor and Strategic Partner, ViableEdu

Contributor

Bhakti Mirchandani

Managing Director, Responsible Investing, Trinity Church Wall Street

Closing Remarks

Jarvis Hollingsworth

Board Chair, Teacher Retirement System of Texas; Vice Chairman, Irradiant Partners, LP