{"id":332082,"date":"2026-05-05T13:03:26","date_gmt":"2026-05-05T13:03:26","guid":{"rendered":"https:\/\/usa.timesofnews.com\/breaking-news\/political\/milken-adjacent-power100-attendees-aim-to-reclaim-the-dei-in-finance-narrative.html"},"modified":"2026-05-05T13:03:26","modified_gmt":"2026-05-05T13:03:26","slug":"milken-adjacent-power100-attendees-aim-to-reclaim-the-dei-in-finance-narrative","status":"publish","type":"post","link":"https:\/\/usa.timesofnews.com\/breaking-news\/political\/milken-adjacent-power100-attendees-aim-to-reclaim-the-dei-in-finance-narrative.html","title":{"rendered":"Milken-adjacent Power100 attendees aim to reclaim the DEI in finance narrative"},"content":{"rendered":"<p>The Power100 gathering on the sidelines of the <a href=\"javascript:void(0)\">Milken Institute Global Conference<\/a> took on a different tone this year as its diverse leaders in finance attendees fight to reclaim the narrative about people of color and <a href=\"javascript:void(0)\">women<\/a>.<\/p>\n<p>&#8220;We are trying to show the world what success looks like,&#8221; said <a href=\"javascript:void(0)\">Jacob Walthour<\/a>, co-founder of Power100 and founder and CEO of Blueprint Capital. &#8220;And over the course of the last year, what success looks like has been redefined in a way that has not been respectful and not truthful about the contributions of women and people of color.&#8221;<\/p>\n<p>President <a href=\"javascript:void(0)\">Donald Trump<\/a>, who campaigned on and speaks often about <a href=\"javascript:void(0)\">rolling back diversity, equity and inclusion<\/a> measures in both the federal government and the private sector, was not mentioned at the conference, but the impact of his policies were clearly on the minds of attendees.<strong> <\/strong>In his first week back in office in 2025, Trump issued a series of <a href=\"javascript:void(0)\">executive orders<\/a> targeting DEI initiatives at <a href=\"javascript:void(0)\">federal agencies<\/a> and private-sector businesses. <\/p>\n<p>The Power100 meeting \u2014 in its third year \u2014 is hosted by Blueprint Capital Advisors in Beverly Hills, Calif., convening diverse leaders in <a href=\"javascript:void(0)\">alternative capital management<\/a>, a field predominantly led by white men. <\/p>\n<p>According to a <a href=\"javascript:void(0)\">2025 Government Accountability Office report<\/a>, minority- and women-owned firms only manage 1.4% of the approximately $82 trillion in assets under management in the U.S.<\/p>\n<p><a href=\"javascript:void(0)\">Shundrawn Thomas<\/a>, founder of the Copia Group investment firm attended for the first time this year, with the goal of building networks and opportunities to combat trends he sees as concerning.<\/p>\n<p>&#8220;We&#8217;ve been through a period where there has been an implication that capital and opportunity was flowing to women and people of color that were not qualified,&#8221; he said. &#8220;Unfortunately, while these arguments are taking place, we&#8217;ve seen a dramatic decline in the amount of capital going to emerging and diverse managers.&#8221;<\/p>\n<p>&#8220;Superman is not coming,&#8221; he said. &#8220;We need to be the agents of change.&#8221;<\/p>\n<p>Article source: https:\/\/www.cnbc.com\/2026\/05\/05\/dei-diversity-milken-blueprint-capital-power100.html<\/a>\r\n<\/p>","protected":false},"excerpt":{"rendered":"<p>The Power100 gathering on the sidelines of the Milken Institute Global Conference took on a different tone this year as its diverse leaders in finance attendees fight to reclaim the narrative about people of color and women. &#8220;We are trying to show the world what success looks like,&#8221; said Jacob Walthour, co-founder of Power100 and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[84],"class_list":["post-332082","post","type-post","status-publish","format-standard","hentry","category-political","tag-political"],"_links":{"self":[{"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/posts\/332082","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/comments?post=332082"}],"version-history":[{"count":0,"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/posts\/332082\/revisions"}],"wp:attachment":[{"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/media?parent=332082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/categories?post=332082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/tags?post=332082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}