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Fortune
Fortune
Emma Hinchliffe, Joseph Abrams

EXPLAINED: Goldman sachs ends diversity investment program - The Real Truth

(Credit: Kim Utley for Fortune)

Good morning, Broadsheet readers! A U.K. ads council objects to ads it says objectify women, an all-female city council takes power, and Goldman Sachs ends Launch With GS. Have a thoughtful Thursday.

- From launch to sunset. Over the past five years, Goldman Sachs's program Launch With GS has been a well-known player in the diverse funding ecosystem. In 2018, the investment bank pledged to invest $500 million—later upped to $1 billion—in companies and funds led and founded by women and people of color.

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