Complementing this month’s cover story on the diversity, equity and inclusion efforts of private equity giants Blackstone, KKR and Carlyle, Carmela Mendoza takes a look at one major investor’s own specialized programs to promote diversity.
The Los Angeles Fire and Police Pension System has committed more than $620 million to 63 diverse and emerging managers since the inception of its specialized manager program in 2007, Carmela writes in her deep-dive analysis of the investor’s D, E & I efforts.