Barely had the sound of New Year 2024 fireworks subsided when news broke Goldman Sachs had quietly closed its groundbreaking diversity investment fund. The move raises questions about the place of diversity, equity and inclusion (DEI) initiatives in wealth management, and what good DEI looks like at a company and industry level.
‘Launch With GS’, Yahoo News discovered, was closed in June 2023 without even an announcement on the company website, after, Goldman Sachs said, m...