What you need to know
- Apple is investing in women-led investment firm Seelaus Asset Management.
- Fees made from the investment will be used to launch a jobs program for women.
Apple is investing in women-owned investment advisor Seelaus Asset Management, which will use the profit made from the investments to launch a new one-year rotational job program for women.
As reported by Bloomberg, the program is being funded by the fees made from a portfolio that the firm will manage for Apple.
The partnership is being hailed as an important "step forward" for women-owned asset management firms.
Annie Seelaus, chief executive officer of R. Seelaus, says that the partnership shows that women need to be represented at every level of the asset management industry.
Apple also recently opened applications for its Entrepreneur Camp for Female Founders and Developers, but the application process closes on March 26 so make sure to apply soon!
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Joe Wituschek is a Contributor at iMore. With over ten years in the technology industry, one of them being at Apple, Joe now covers the company for the website. In addition to covering breaking news, Joe also writes editorials and reviews for a range of products. He fell in love with Apple products when he got an iPod nano for Christmas almost twenty years ago. Despite being considered a "heavy" user, he has always preferred the consumer-focused products like the MacBook Air, iPad mini, and iPhone 13 mini. He will fight to the death to keep a mini iPhone in the lineup. In his free time, Joe enjoys video games, movies, photography, running, and basically everything outdoors.