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Gains have been made at board level, but gender diversity at asset level is proving harder to promote.
Energy Impact Partners, venture capital’s biggest impact fund manager, has closed its diverse-focused climate venture fund at $112m.
Kyiv-headquartered private equity firm Horizon is one of two firms to have their commitment to gender diversity in their investments recognised.
Minorities may not look like minorities on a fund manager's website, an IR head says.
Initiatives such as EDCI are prompting firms to measure board-level diversity – but mid-market companies' boards are too small for this data to be statistically significant, argues one firm's head of ESG.
MassMutual has added $100m to its Catalyst fund for diverse and in-state businesses to ‘create generational wealth‘ among minority and rural communities.
Meketa's annual GP survey showed what 528 GPs thought about a series of DE&I questions.
ICG, Hg and Eurazeo are the highest-scoring PE firms in an index formulated by Equality Group, a DE&I consultancy for private markets.
Focusing on a fund rather than the entire portfolio means engaging with companies from day one, so the GP can align with management teams from the beginning, says head of ESG Adinah Shackleton.
Women are no longer confined to support roles in the industry. But they are still to find an equal footing with men.