IVCA Feature: Eight Online Articles on Diversity Issues

March 20, 2019

One of the more interesting background elements of recent social movements like #MeToo was the spotlight on workplace environments that, because of the nature or recruitment of their businesses, don’t have enough diversity to recognize or react to human resource situations. The investment world has typically been a male domain, but there are several factions and movements formulating to bring in more diverse talent. The IVCA – which as an association has been a leader in forwarding these issues – highlights eight online articles about diversity, both the topic and success stories.


Ogletree.com, ‘The Opportunities and Obligations of Venture Capital and Private Equity in the #MeToo Environment’

A point of view from a California legal firm: “Venture capitalists and private equity financiers in Silicon Valley wield tremendous power over tech entrepreneurs, even though they do not have business relationships with the employees of the companies they fund ... The same could be said for producers and directors in the movie industry who don’t employ or have direct business relationships with their accusers.”

READ MORE: https://ogletree.com/insights/2018-01-31/the-opportunities-and-obligations-of-venture-capital-and-private-equity-in-the-metoo-environment/


Diversity.VC, ‘Creating a fairer and more diverse Venture Capital Industry’

A whole website dedicated to a non-profit partnership that promotes VC diversity: “Venture Capital is funding the future. The decisions made by VCs filter through to the whole community and we have a responsibility to ensure the right decisions are being made. We need the industry to be free from bias.”

READ MORE: www.Diversity.vc


FairviewCapital.com, ’The Value of Ethnic and Gender Diversity in Private Equity and Venture Capital’ (PDF)

Increasing ethnic and gender diversity in private equity and venture capital, as well as in the entrepreneurial workforce in which managers invest, has been one of the hottest topics in our industry. Thus far, diversity efforts in private equity and venture capital have lagged industry at large, but a strong push is being made to increase the diversity of investment leadership teams and the workforce.

READ MORE: http://www.fairviewcapital.com/application/files/5914/9369/4543/Fairview_Capital_The_Value_of_Ethnic_and_Gender_Diversity_in_Private_Equity_and_Venture_Capital.pdf


FullRatchet.net, ’Diversity in Venture Capital’ (Podcast)

Christine Tsai of 500 Startups joins Nick to cover Diversity in Venture Capital. We will address questions including... Diversity at VC firms. They found that 92% of the senior investors top-tier firms are male and 78% are white. They also found that almost 25% have all-white male managers.

LISTEN HERE:  http://fullratchet.net/ep61-diversity-in-venture-capital-part-1-christine-tsai/


Bloomberg.com, ‘Private Equity Firms Say Recruiting Women Now a Top Priority’

Within the past decade, 83 percent of private equity managers based in North America, Asia and Europe said they focused on increasing gender diversity in their front-office roles, according to new research ...

READ MORE:  https://www.bloomberg.com/diversity-inclusion/blog/private-equity-firms-say-recruiting-women-now-top-priority/


Catalyst.org, ‘Four Podcasts Every Diversity & Inclusion Practitioner Should Listen To’

These are four podcast series, recommended by Kimberly Doyle, who collaborates with Fortune 500 companies across the U.S. in building diverse and inclusive workplaces.

LISTEN HERE:  https://www.catalyst.org/2018/11/29/four-podcasts-every-di-practitioner-should-listen-to/

And Forbes.com had two recent specific articles on diversity in VC/PE ...


Diversity Boosts Profits in Venture Capital Firms

Recent research shows for the first time that diversity in Venture Capital firms not only spawns creativity and alternate viewpoints, but also improves financial performance.

READ MORE: https://www.forbes.com/sites/hbsworkingknowledge/2018/10/10/diversity-boosts-profits-in-venture-capital-firms


Private Equity Has Something to Add to the Diversity Discussion. Yes, Really

One thing I’ve seen that the best P.E. firms do right is build amazing talent pipelines by forging strong relationships with promising candidates—before they’re even candidates. I call it evergreen hiring, and private equity firms have it in their DNA.

READ MORE: https://www.forbes.com/sites/forbesleadershipforum/2017/11/20/private-equity-has-something-to-add-to-the-diversity-discussion-yes-really