'Many millennia of bias' make it vital that PE firms actively promote candidates from underrepresented groups, said Nic Humphries.
Negative headlines are causing some LPs to review their relationships with Vista Equity Partners and Apollo Global Management. This has implications for the secondaries market.
Women make up about one in four of senior investment professionals at Neuberger Berman, which employs 'concrete measures' on recruitment and retention.
Managing director Paul Yett has been named as Hamilton Lane’s new director of ESG and sustainability.
The appointment of Myriam Vander Elst follows that of an ex-Wells Fargo subscription finance executive in May.
Private real estate veteran Sonny Kalsi is pushing aggressive recruiting policies at BentallGreenOak before the momentum fades from this summer’s protests against racial injustice. Measures include a 66.7% minorities and women minimum recruitment target and financial penalties for missing it.
Fighting discrimination and enhancing diversity has gone up on private real estate investors' agendas with some demanding more diverse management teams.
Recent police killings of African Americans are forcing a national reckoning over how minorities are treated in all parts of society – including in private markets, says the firm’s founder.
The investment manager closed its latest fund last September on $220m.
The UK insurer’s investment management unit has hired debt and ESG specialist Shuen Chan to lead its real assets group’s expanded ESG strategy.