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Read more in the Private Equity News.

“It is encouraging to see the higher average scores across the Multi-Strategy (MS) top 20 funds, by comparison to the Private Equity and Venture Capital industry. Diversity, Equity and Inclusion (DEI) are critical to the future of the asset management industry and many of the leading MS funds are demonstrating clear commitment and progress. However, our analysis also reveals that two-thirds of the industry is still lagging behind on DEI standards. If funds took the diversification of their people and processes, as seriously as they took portfolio diversification, then we would see rapid change. This is what we are urging funds to consider today, as they look at this DEI data and benchmark themselves against peers"

Hephzi Pemberton, Founder and CEO