Mergers & Acquisitions is recognizing eight firms for the inaugural Best Places to Work in Private Equity. The latest in our award series honors private equity firms who stand out amongst their peers in demonstrating leadership and innovation in their workplace cultures, policies and internal operations. They have also taken proactive measures to adapt to the changing demands of a post-pandemic world, as well as building environmental, social, and governance (ESG) and diversity, equity and inclusion (DEI) programs at their firms and portfolio companies.
Our awards program continues to evolve with the industry. Given that ESG is now more commonplace in private equity, and the growing prevalence of DEI, we decided to incorporate some of the criteria from our PE Innovators in ESG and M&A Leaders in DEI awards into the newly-minted Best Places to Work in PE. Consequently, we retired the standalone ESG and DEI awards.
To determine the winners, nominees were asked to detail how they stand out from competitors when it comes to retaining top talent, work-life balance, training, compensation, benefits, career mobility and leadership assessment. Nominees were also asked to describe how they implement and continue to grow ESG and DEI policies and programs.
The firms we are honoring include relatively new and longstanding PE shops. They were founded anywhere from five to more than 50 years ago. The combination of the traits that make them a great place to work range from an emphasis on professional development to lifestyle benefits, such as new parents being granted generous parental leave. All share an ongoing commitment to ESG and DEI.