Top Private Equity News, Member Posts, Managed Futures Daily Indices and more!

2yrs ago Private Equity privateequitywire Views: 318

EmergeVest signs up to global diversity initiative

Submitted 08/06/2021 - 3:06pm

EmergeVest, the Hong Kong-based growth-oriented private equity investment group, has become a signatory to the Institutional Limited Partners Association (ILPA)’s worldwide Diversity in Action initiative. 

ILPA represents more than 550 institutional investors that together hold more than USD2 trillion in private equity funds, and the initiative seeks to promote diversity, equity and inclusion in the private equity industry.  

The initiative highlights support for advancing diversity and inclusion amongst both fund managers and institutional investors, encourages actions to be taken now and provides a platform for shaping and adopting best practice over time. 

As a signatory, EmergeVest – with holdings that include EV Cargo, a leading global logistics and technology provider – reinforces its commitment to advancing these values within its own organization and the private equity industry more broadly. 

EmergeVest will build on its diversity, equality and inclusion strategy and develop organisational goals that result in demonstrable practices to make recruitment and retention more inclusive. 

Heath Zarin, Founder, Chair & CEO of EmergeVest and EV Cargo, says: “Equity, inclusion and diversity are a fundamental part of the culture and long-term strategy at EmergeVest, and the ILPA's framework is deeply aligned with our own goals. 

"The initiative provides a unique opportunity to collaborate with our peers to build a more inclusive private equity industry. We hope it will continue to grow and that others will be encouraged to join the effort.” 

With more than USD500 million in assets under management, EmergeVest’s current portfolio includes businesses that generate more than USD2 billion of revenue annually, employing 10,000 colleagues across the globe.  

EmergeVest focuses on growth investments at the intersection of logistics, technology and financial services. 

 

Like this article? Sign up to our free newsletter Tags Diversity & Equality

Today's Private Equity Headlines:

Log In for More
Access Over 250K+ Industry Headlines, Posts and Updates
Not a member yet?

Join AlphaMaven

The Premier Alternative Investment
Research and Due Diligence Platform for Investors

Free Membership for Qualified Investors and Industry Participants
  • Easily Customize Content to Match Your Investment Preferences
  • Breaking News 24/7/365
  • Daily Newsletter & Indices
  • Alternative Investment Listings & LeaderBoards
  • Industry Research, Due Diligence, Videos, Webinars, Events, Press Releases, Market Commentary, Newsletters, Fact Sheets, Presentations, Investment Mandates, Video PitchBooks & More!
  • Company Directory
  • Contact Directory
  • Member Posts & Publications
  • Alpha University Video Series to Expand Investor Knowledge
  • AUM Accelerator Program (designed for investment managers)
  • Over 450K+ Industry Headlines, Posts and Updates
ALL ALPHAMAVEN CONTENT IS FOR INFORMATIONAL PURPOSES ONLY. CONTENT POSTED BY MEMBERS DOES NOT NECESSARILY REFLECT THE OPINION OR BELIEFS OF ALPHAMAVEN AND HAS NOT ALWAYS BEEN INDEPENDENTLY VERIFIED BY ALPHAMAVEN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. THIS IS NOT A SOLICITATION FOR INVESTMENT. THE MATERIAL PROVIDED HEREIN IS FOR INFORMATIONAL PURPOSES ONLY. IT DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY INTERESTS OF ANY FUND OR ANY OTHER SECURITIES. ANY SUCH OFFERINGS CAN BE MADE ONLY IN ACCORDANCE WITH THE TERMS AND CONDITIONS SET FORTH IN THE INVESTMENT'S PRIVATE PLACEMENT MEMORANDUM. PRIOR TO INVESTING, INVESTORS ARE STRONGLY URGED TO REVIEW CAREFULLY THE PRIVATE PLACEMENT MEMORANDUM (INCLUDING THE RISK FACTORS DESCRIBED THEREIN), THE LIMITED PARTNERSHIP AGREEMENT AND THE SUBSCRIPTION DOCUMENTS, TO ASK SUCH QUESTIONS OF THE INVESTMENT MANAGER AS THEY DEEM APPROPRIATE, AND TO DISCUSS ANY PROSPECTIVE INVESTMENT IN THE FUND WITH THEIR LEGAL AND TAX ADVISERS IN ORDER TO MAKE AN INDEPENDENT DETERMINATION OF THE SUITABILITY AND CONSEQUENCES OF AN INVESTMENT.