Hawks Owner Tony Ressler’s Firm Joins $90M Partnership With Atlanta HBCUs

Three schools in the Atlanta University Center will receive $90 million to create a diverse pipeline of financial services workers.

Clark Atlanta University, Morehouse College and Spelman College will each get $3 million annually for the next decade from a partnership that includes Apollo Global Management, Inc., Oaktree Capital and Ares Management Corp., whose co-founder is Atlanta Hawks owner Tony Ressler.

The initiative, AltFinance: Investing in Black Futures, aims to diversify the alternative investment industry, made up of asset management companies engaged in private equity and credit, venture capital and real estate.

Read the full article at Atlanta Business Chronicle>>