KPMG & FCLTGlobal: Findings of Private Equity DEI survey
Diversity in your professional advisors can boost your bottom line
KPMG and FCLTGlobal conducted a joint survey of private equity (PE) stakeholders to determine how diversity, equity, inclusion (DEI) is being incorporated in the PE ecosystem. Survey findings indicated that an opportunity exists to make substantial progress on DEI within the private equity ecosystem, particularly when it comes to professional advisors. This is an area that is often overlooked.
Key survey takeaways:
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Diversity makes a difference: Diverse teams produce better outcomes.
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PE firms and their portfolio companies often operate on lean budgets and have higher consultant-to-employee ratios than other entities.
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This leaves a tremendous opportunity to reap benefits by ensuring their professional advisors feature diversity in their teams.
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More than 65 percent of PE executives and their professional associates surveyed agree that diverse external advisors offer guidance that generates better long-term return on investment.
Diverse professional advisors tend to build stronger relationships with their clients and engage in more insightful conversations. We found this can translate to better decision-making and a stronger bottom line for the client.
Meredith Guelbert
KPMG, Partner, Private Equity
Dive into our thinking:
Diversity in your advisors can boost your buttom line
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