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In an effort to raise a debut fund, one firm has reduced its minimum LP commitment, set up a mechanism to accept donations and held a poker tournament for potential LPs.
Livingbridge has established a mentorship programme to boost the diversity of PE-backed companies.
The fundraising 'flight to familiarity' has disproportionately squeezed diverse-led managers – this is bad news for investors and the wider ecosystem.
TPG Next, led by Pamela Pavkov, has invested in newly launched real estate manager Caro Investors.
Many LGBTQ+ people in private markets do not feel comfortable coming out in the workplace – and this is a distraction from them performing at their best, says Alberto Padilla Rivera, co-founder and co-chair of Out Investors.
LGBTQ+ entrepreneurs face an uneven playing field when it comes to accessing finance; Impact Engine's Priya Parrish describes how investors should 'think differently' about risk and reward and why impact investing is 'is a natural fit for LGBTQ+ people'.
The $486bn pension fund has also been targeting diverse and emerging managers to improve returns, pension fund documents show.
Like the wider private markets industry, the LP community looks white and male, according to a BVCA survey.
Co-founder Til Klein describes Identity.vc as 'Europe’s first venture capital fund investing in early-stage LGBTQ+ led start-ups in Europe and beyond'.
The programme recognises women from across the institutional investment ecosystem in private equity, private debt, infrastructure, venture capital and real estate.