Current state of recruiting as a non-diversity and non-target

Been a few years out of the loop, but my younger sibling’s at one of the big SEC schools (think UF, UGA, Bama). Heard through the grapevine that the current president of one of the finance/investment banking clubs landed his bulge bracket offer through a women’s program. Not saying anything by it - just found it interesting because I looked at the website and, well, he looks like your typical white guy. Curious if this kind of backdoor networking actually works that well or if there’s more to the story. Also wondering if there are other examples of this out there as well.