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"After this you’ll really be able to identify who has always been on board and who never really was," says one diversity, equity, and inclusion specialist.
BlackRock, which has $9.1 trillion of assets under management, said in March 2022 that it hired Covington, along with DEI consultant Working Ideal, to assess its efforts and make recommendations.
America First Legal Foundation issued a civil rights complaint against asset management company BlackRock for allegedly violating the law by engaging in discriminatory hiring.