Discover your dream Career
For Recruiters

A hedge fund made a big hire as it focuses on diversity

It's not just banks and big four firms that run diversity hiring programs and have chief diversity officers: hedge funds are also getting in on the act.

DE Shaw, the multi strategy hedge fund, with $55bn in assets under management, is appointing its first ever head of diversity, equity and inclusion.

Maja Hazell, the former head of diversity at law firm White & Case in New York is joining DE Shaw on October 4. Hazell will help the firm recruit support and develop diverse talent. She has a long history working in diversity roles, and is also a qualified leadership coach.

Hedge funds famously have issues with diversity, particularly in their portfolio manager ranks. DE Shaw isn't the first fund to focus on the issue. Millennium Management hired Adebola Osakwe from KKR as global head of talent and diversity in February. Schonfeld hired Jennifer Kaplan from Citadel as head of campus and diversity recruiting in May.

DE Shaw already runs various affinity groups and partners with organizations like black capital management as it seeks to recruit and retain a broader range of employees. 

Have a confidential story, tip, or comment you’d like to share? Contact: sbutcher@efinancialcareers.com

Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.)

 

 

author-card-avatar
AUTHORSarah Butcher Global Editor
  • An
    Anonymous
    30 September 2021

    Is there an issue with the diversity of diversity officers?

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Recommended Articles
Recommended Jobs
DTG Capital Markets
Proprietary Trader (US, remote)
DTG Capital Markets
New York, United States
Quantitative Researcher
Alexander Chapman
New York, United States
Eka Finance
PhD Junior Crypto Quant / NYC
Eka Finance
New York, United States
Analytic Recruiting Inc.
Quantitative Developer
Analytic Recruiting Inc.
Boston, United States

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.