More than 40 limited partners and general partners have signed onto ILPA's Diversity in Action initiative, committing to take concrete steps to advance diversity, equity and inclusion.
The initial set of signatories include the $155.2 billion Texas Teacher Retirement System, Austin, $37 billion Connecticut Retirement Plans & Trust Funds, Hartford, KKR & Co., Carlyle Group, Blackstone Group, Ares Management Corp., Landmark Partners, TPG and Welsh, Carson, Anderson & Stowe.
By becoming signatories of the initiative, each entity publicly acknowledges its pledge to promote diversity, equity and inclusion within their organizations as well as in the industry. Each signatory agrees to take four actions from a set of nine in talent management, investment management and industry engagement areas.
The Institutional Limited Partners Association will continue to add signatories. Beginning in March, ILPA plans to publish quarterly updates of all Diversity in Action signatories and an analysis of the actions they have taken.