diversity

The road to a more diverse and inclusive private markets industry is a bumpy one, as New Private Markets found out in a series of anonymised conversations with professionals who can be categorised as 'diverse'.

More than 20 firms with a diverse management team are coming to market each year, says private markets firm RCP Advisors.

The research also identifies the 10 best ESG performers, a list that includes Astorg, AnaCap and Partners Group.

Most private fund CFOs globally say gender diversity is crucial or important to assessing potential investments, according to an Intertrust Group survey.

The LP’s retiring CIO said the committees will be created by next quarter ‘so that the work continues’ on ESG initiatives.

The new venture capital firm is targeting $125m to invest in promising proptech start-ups.

A look inside Bay Bridge Ventures, a firm with grand plans founded by an ex-CalPERS portfolio manager and two venture capitalists.

Connecticut State Treasurer Shawn Wooden says European regulatory constraints around diversity data present a challenge when it comes to deploying capital in the region, as New Private Markets investigates a ‘clerical error’ relating to a prominent GP.

An industry report found that the number of diverse-owned GPs increased by 25% last year, with three-quarters of firms concentrated in venture capital.

The firm has nearly doubled the size of its flagship private markets fund, helped by its impact investing sleeve and newly added diversity-focused strategy.