This article will probably do a better job explaining than me, but in summary, Blackstone is changing their recruitment process to increase the number of universities they are recruiting from. The article mentions they are especially trying to recruit from historically black colleges/universities to address the inequality in the hiring process.
What are everyone's thoughts on this? Do you think other megafunds will follow? How does this have an effect on people in IBD trying to go into PE? Will this actually help the inequality within these roles or is it just for PR?