Billionaire hedge fund manager Bill Ackman and Harvard alumnus admitted ignorance toward his old university’s so-called diverse and inclusive organizational framework on Monday by criticizing the Ivy League’s efforts as anything but inclusive for all marginalized groups.
Ackman, the CEO of Pershing Square, tore into his alma mater’s Diversity, Equity and Inclusion (DEI) program during a phone interview with CNBC. He said after reviewing the initiative it shows favor to specific groups while excluding certain demographics such as Asians or the Jewish community.
“I always thought DEI was for all marginalized groups,” Ackman said. “Okay, my ignorance.”
“If you’re an Asian student that i …