A Rarity on Wall Street: A Female- and Minority - Led Activist Hedge Fund

The upper ranks of hedge funds are almost exclusively white and male. Impactive Capital LP, a new activist fund being launched by two industry veterans, will be one of the exceptions.

Its co-founders and managing partners are Christian Asmar, who is Hispanic, and Lauren Taylor Wolfe. Both spent roughly a decade at activist hedge fund Blue Harbor Group LP before leaving to strike out on their own.