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Firms foresee permanent change to their operating models as a result of the pandemic, and their focus has shifted from employee productivity to diversity and inclusion initiatives.
diversity
Indhira Arrington joins from Wells Fargo and will be responsible for 'enhancing the recruitment, development, retention and advancement of professionals from diverse backgrounds'.
Gender equality
IFC’s latest report is one of the industry’s most comprehensive roadmaps on how GPs and LPs can address gender disparities in their firms and investment portfolios.
Illustration of people of different races
The industry stepped up its diversity efforts this year, with major players setting new targets for women and minorities, hiring diversity and inclusion champions and signing onto an ambitious DEI initiative.
Diversity and inclusion appear to have become less of a priority during the pandemic – this is a step in the wrong direction.
Private equity podcasts | Spotlight | Private Equity International
Kara Helander and Anna Edwin discuss how they are building diversity, equity and inclusion within their firms, and how the racial justice movement and pandemic have generated momentum for sustained action.
Investors cannot afford to ignore a GP set that has largely outperformed industry benchmarks, even during a pandemic.
BVCA Summit 2020 LP panel
Women make up about one in four of senior investment professionals at Neuberger Berman, which employs 'concrete measures' on recruitment and retention.
Positive action from every investment firm will help address gender imbalance at the operating partner level, says Gail McManus PER’s founder and managing director.
Gender equality
The investment firm has stepped up its ESG goals and aims for 75% of portfolio company employees to benefit from a value sharing mechanism.
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