Fund managers cannot keep up with bespoke LP data demands and industry standardisation initiatives. Both LPs and GPs need to be ready to listen and compromise.
The ESG data tug-of-war between LPs and GPs is not yet resolved, despite the numerous frameworks and initiatives to standardise ESG data collection in private equity.
Blackstone's Devin Glenn and Investcorp's Jordana Semaan discuss the challenges they’ve faced in navigating an industry where women, and especially women of colour, are still scarce among the highest decision-makers.