diversity

The listed private markets investor has begun thinking about how to include neurodiversity as part of the industry’s wider DE&I reporting practices. 

In a world of imperfect data, LPs will search for visual evidence of diversity. They should take care when doing so.

The US-based social impact fund said all its new portfolio companies were led by founders from underrepresented groups in its 2022 Impact Report.

Managers have responded positively to the D&I challenge over the last year, according to LGT Capital’s latest report.

A total of 28% of GPs have set board diversity targets for portfolio companies, ILPA reported in 2021.

Neuberger Berman’s emerging managers strategy sees more ethnically diverse male-led funds than women-led funds, managing director Patricia Miller Zollar says at IPEM 2022 in Cannes.

MassPRIM, Northwestern Mutual and LACERA are among investors that have set aside capital to invest in firms owned by women or minorities and newly established funds. Our list includes allocation sizes, investment criteria and a point of contact.

The initiative launched with a set of six metrics, spanning GHG emissions, renewable energy usage, board diversity, work-related injuries, net new hires and employee engagement.

Fund III raised $126m from about 70 LPs, including Bank of America, Blue Cross and Blue Shield of Louisiana, Cambridge Associates, Ford Foundation and Winthrop Rockefeller Foundation.

Following a request for proposal in April, the pension has made four commitments totalling $135m to minority-owned firms.