Industry GuidanceDiversity, Equity & Inclusion

Diversity, Equity and Inclusion in Private Markets

Private markets stakeholders are increasingly prioritizing diversity, equity and inclusion, both within their own organizations as well as within their portfolios. An ever-increasing number of organizations are taking on the challenge of changing the shape of the industry, in pursuit of real benefits in terms of culture change and improved investment outcomes.

DEI Overview​

ILPA believes that progress on DEI requires intention and action on both the part of LPs and GPs and has built our DEI work around this core tenet. ILPA works to advance DEI in private markets by:

  • Bringing together leaders on DEI to share best practices with one another and the broader industry
  • Providing research and resources to help industry stakeholders at every stage of their journey on DEI
  • Connecting LPs with talented, diverse managers
  • Providing input on policy developments across the globe
Diversity in Action Roundtable attendees

DEI Roadmap

The DEI Roadmap is comprised of best practices that both general and limited partners can consider implementing to advance DEI efforts on behalf of their organizations and the private markets industry at large.

Attendees of the Diversity in Action roundtable

ILPA Diversity in Action Initiative

The ILPA Diversity in Action initiative brings together limited partners and general partners who share a commitment to advancing diversity, equity and inclusion in the private equity industry. The goal of the initiative is to motivate market participants to engage in the journey towards becoming more diverse and inclusive and to build momentum around the adoption of specific actions that advance DEI over time.

ILPA-NAIC Diverse Manager Roadshows

Many LPs are prioritizing stewardship and are actively seeking opportunities to add talented diverse managers to their pipeline. To help members towards this goal, ILPA is partnering with the NAIC to host diverse manager roadshows. NAIC is the largest network of diverse-owned private equity firms focused on increasing the flow of capital to high-performing diverse managers.

To learn more about upcoming events and express interest in attending, please reach out to [email protected]

For more information on diverse managers entering the market check out the NAIC’s Managers in the Market Report. This quarterly compendium of tear sheets of NAIC member firms includes those that are currently fundraising, have recently closed funds or have funds coming to market within the next 12 months.