Signatories commit to expanding the diverse talent pipeline, promoting inclusive hiring and onboarding practices, supporting inclusive promotion and retention practices, among other principles.
Asset management firms owned by women and people of color are at least three times more likely to employ diverse teams when compared to firms led primarily by white men, according to a new study.
Two foundations have committed to a strategy that invests in funds and direct co-investments backed by diverse and women-owned venture capital and private equity firms to advance greater diversity, equity and inclusion in the financial markets.