By Hannah Zheng
According to McKinsey’s latest DEI report on private equity, women made up 17 percent of executive roles across global firms as of the end of 2022, a 3.5 percent increase over the previous year. The consultant also found that 18 percent of investment committee roles at PE firms were held by ethnic and racial minorities in 2022, up from 9 percent in 2021.
Over the past few years, institutional investors have asked PE firms to disclose more comprehensive DEI data during the fundraising process, according to the report. Between 2016 and 2018, 47 percent of PE firms were asked to provide DEI data covering both their investment teams and portfolio companies. That number rose to 52 percent between 2019 and 2021.