Tuesday, Apollo Global Management announced the launch of Apollo HBCUNet, a new platform powered by CareerBuilder that aims to connect students and alumni from Historically Black Colleges and Universities (HBCUs) with career opportunities at Apollo and across its private equity funds’ portfolio companies.

“At Apollo, we are focused on championing opportunity in our workplace, throughout our marketplace and in our communities,” said Apollo’s Head of Leadership Development and Diversity Jonathan Simon. “Historically Black Colleges and Universities have diverse student bodies and educate many of our country’s most promising young professionals. We want to make it easier for those students and alumni to connect to career opportunities here at Apollo and across our broader portfolio.”

HBCUNet offers students access to open positions at Apollo and across its network of fund portfolio companies, including both full- and part-time employment at companies spanning a variety of industries, with roles in finance, legal, sales, technology and more. HBCUNet members can opt into alerts to be made aware of new positions that open in their identified areas of interest, receiving notifications of roles matching their profiles and encouraging them to be among the first to apply.

The launch of HBCUNet follows the 2019 launch of VetNet, aimed at helping veteran candidates enter the private sector and find jobs within Apollo’s network. With the help of VetNet, Apollo and its funds’ portfolio companies have hired more than 3,000 veterans since the portal’s inception. Both platforms are powered by CareerBuilder, an Apollo fund portfolio company, and the collaborative effort across dozens of companies in Apollo’s network demonstrates a shared commitment to strengthening Diversity Equity & Inclusion (DE&I).

CareerBuilder CEO, Irina Novoselsky, said, “CareerBuilder is proud to power HBCUNet to help Apollo and its broader network of companies build a future workforce that better represents the world in which we live. This technology creates more equitable opportunities for diverse candidates and makes hiring easier and faster for both job seekers and employers.”

Apollo Co-Presidents Scott Kleinman and Jim Zelter said, “We are pleased to launch Apollo HBCUNet and build upon our success to-date with VetNet. At Apollo, these initiatives are just two of many efforts underway to increase opportunity and attract, develop and retain diverse talent.”

Apollo is a high-growth, global alternative asset manager.

According to the UNCF report, Howard University generates $1.5 billion in total economic impact for its local and regional economies. In this 2013 photo, Howard graduates participate in commencement activities. (Freddie Allen/AMG/NNPA)

Leave a comment

Your email address will not be published.