In a Q&A with Private Equity Law Report, Michael Littenberg, discussed the purpose and future trends of racial equity audits in the private equity industry.
Diversity, equity, and inclusion (DEI) reviews are commonly conducted at large companies whose shareholders are concerned with civil rights and racial equality in the workplace. “As those companies are seeing the value of the audits, larger PE sponsors that are more sophisticated have also been considering deploying these audits for some of their larger portfolio companies or across their portfolios more broadly,” Michael commented.
Subscribers can view the full article here. This Q&A is the first of a two-part series from Private Equity Law Report. Part two will explore the mechanics of racial equity audits.
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