In brief: Slight improvement on DE&I, finds Dechert study

GPs report a slight improvement on their diversity and inclusion initiatives compared to last year, according to the survey.

Diversity, equity and inclusion in the private equity industry has shown a very slight improvement compared to last year, according to law firm Dechert.

The firm surveyed 100 senior-level executives within private equity firms with at least $1 billion AUM, in collaboration with Mergermarket. Respondents were based in North America (45 percent), Europe, the Middle East and Africa (35 percent), and Asia-Pacific (20 percent). The report provides a wide-ranging snapshot of current trends in private equity, including ESG and impact investing topics. Read it here.

The survey found that 45 percent of respondents believe the DE&I initiatives among C-suite executives in their portfolio companies are either ‘good’ or ‘excellent’, and a further 45 percent consider them to be ‘average, but improving.’ This is a slight improvement on last year’s survey, when the results were 44 percent and 42 percent respectively.