diversity

Fund III raised $126m from about 70 LPs, including Bank of America, Blue Cross and Blue Shield of Louisiana, Cambridge Associates, Ford Foundation and Winthrop Rockefeller Foundation.

Following a request for proposal in April, the pension has made four commitments totalling $135m to minority-owned firms.

CalPERS, CalSTRS, MassPRIM, Cambridge Associates and PGIM are among the 48 other signatories.

Rogue Women's Fund uses part of its management fee to fund support programmes for female founders, including providing a personal leadership coach, financial coach and a family stipend, says managing partner Caroline Lewis.

Of those included in PEI Media's Women of Influence in Private Funds, who is shaping the sustainability agenda?

'My company was going to be diverse and inclusive,' says the investment management company's African American founder and chief executive Tammy Jones.

Firm CEO Sol Trujillo says his long-term goal is to build 'a multibillion-dollar AUM firm that will endure for many generations'.

First-time fund manager Cornerstone VC has set out to prove that backing diverse entrepreneurs will deliver superior financial returns. Positive impact is a 'significant secondary benefit'.

All-male teams are particularly prevalent in Denmark and the Netherlands, representing 65% and 68% respectively.

LPs would sooner work with managers on diversity, equity and inclusion issues than show them the door.