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      Dry Powder: The Private Equity Podcast

      Could Private Equity Accelerate DEI?

      An industry that has historically lagged behind on diversity is actually uniquely positioned to take the lead.

      By Hugh MacArthur and Julie Coffman

      Podcast

      Could Private Equity Accelerate DEI?
      en

      Private equity has long trailed other industries when it comes to recruiting and retaining diverse talent.

      “The numbers aren’t pretty, and I’m certain that all of your listeners know that,” says Julie Coffman, Bain’s chief diversity officer and head of our Diversity, Equity & Inclusion practice.

      What may come as a surprise to our listeners is Julie’s firm conviction that private equity firms are uniquely positioned to take the lead on DEI, not only within their four walls, but across the portfolio.

      “The private equity ecosystem has a chance to be incredible changemakers here,” says Julie. “Imagine the ripple effect through so many sectors of our economy.”

      When you think about it, the private equity industry is a microcosm of the economy. Its leaders own companies that span the entire spectrum of global GDP, and so what better laboratory to have an actively managed industry that can actually get things done in an agile fashion, across all different industry subsectors, and do it?

      “We’ve got to be testing and learning and scaling the bright spots in the places that this works.”

      Today on the show, we’ll talk to Julie Coffman about how leading private equity firms are racing ahead on diversity, equity, and inclusion, and why the industry is uniquely positioned to test and deploy cutting-edge solutions across the portfolio and throughout the global economy.

      MORE PODCASTS

      The Private Equity Podcast

      In our podcast series, Bain's Hugh MacArthur interviews leading experts on the trends and opportunities that will redefine the private equity industry.

      Catch new episodes by subscribing to Dry Powder on Apple Podcasts, Google Podcasts, Spotify or wherever you may listen.

      Authors
      • Headshot of Hugh MacArthur
        Hugh MacArthur
        Partner, Boston
      • Headshot of Julie Coffman
        Julie Coffman
        Partner, Chicago
      Contact us
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      We ask the co-CEO of Gryphon Investors how he spotted one of the harshest cycles in the industry’s history and when he thinks it may finally break.

      Read more
      First published in septiembre 2021
      Tags
      • Diversity, Equity & Inclusion
      • Private Equity
      • Private Equity Podcast

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