Diversity, equity and inclusion has become a focus for the private equity industry this year like never before. Tomorrow, Mergers & Acquisitions will host an all-day virtual event. to recognize the leaders we named recently to our new 2021 PE Leaders in DEI list.
The challenge for chief diversity officers is to capture the enthusiasm of the moment and build infrastructures that will lead to meaningful organizational change in the future. “We are in build mode, creating systems that support, retain and develop diverse talent,” says Jonathan Simon, global head of leadership development and diversity, Apollo Global Management. “We are rethinking not only the culture of the firm but also modernizing our HC function to develop a diverse and inclusive workforce and rethinking our recruiting strategy. We are also focused on manager effectiveness, giving our leaders the tools they need to drive organizational change and nurture our talent.” To hear more of Simon’s insights, join us tomorrow for a Fireside Chat on Chief Diversity Officers that I’m moderating. We’ll also hear from Kara Helander from Carlyle Group and Khalida Ali from Vista Equity Partners.
Limited partners are the ones pushing PE firms to achieve more DEI, explains Simon. To that end, our event will feature a panel on “The LP Impact: How Limited Partners are Driving DEI.” Speaking on that panel are: Philip Amoa from McCarter & English; Dana Johns from Maryland State Retirement and Pension System, Mina Pacheco Nazemi from Barings; Jimmy Yan from the Office of the New York City Comptroller and Yup S. Kim from CalPERS. We hope you’ll join us!
— Mary Kathleen Flynn