our business is doing the same thing: being a DEI hire in finance is like being an English footballer in the EPL who trade with massive premiums to satisfy the Homegrown Player Rule.

To answer your question, during operational due diligence with prospective investors, we have to fill out surveys. These surveys have swung massively over the last 5 to 10 years in terms of their interest in whom we hire and what we invest in. 10 years ago in terms of sector no go's, it was basically tobacco and guns. Now for many, it is a much wider net that often includes non-green energy among others (explaining the market cap discrepency in the previous post). And there is always a box on our hiring practices, that drills down on how many women, monorities, and yes trans employees we have hired. The implications are sometimes explicit, other times implicit, and sometimes ambiguous. As a smaller firm, it was a lot easier to navigate. As the fund has grown, not so much.

[Post edited by nyhoo at 01/15/2024 11:32AM]