ILPA's Diversity in Action Initiative
From the Institutional Limited Partners Association (ILPA). 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.
GPs and LPs who join the Diversity in Action initiative commit to specific actions that advance diversity and inclusion, both within their organization and the industry more broadly. Diversity in Action signatories currently undertake four essential DEI actions and at least two additional actions (from an optional set of nine). The Diversity in Action framework includes a broad range of possible actions that span talent management, investment management and industry engagement.