MidOcean Partners (MidOcean), a New York-based alternative asset manager specialising in middle-market private equity and alternative credit investments, has launched the Women’s Awareness Initiative (WAI), a programme committed to bridging the gender diversity gap in the asset management industry near term.
Institutional Limited Partners Association (ILPA), well-recognised for engaging, empowering, and connecting limited partners to maximise their performance on an individual, institutional and collective basis, has formally endorsed WAI, adding the program to its Diversity, Equity and Inclusion Roadmap.
Established by MidOcean managing director and ESG/compliance officer Candice Richards, WAI’s mission is to actively bring together institutions committed to advancing gender diversity in the asset management industry and demonstrate to women of all ages their possibilities for success in the space. WAI seeks to achieve this mission via workshops and programming that help women to build relationships and hone their career-related skillsets. Fulfilling the WAI pledge is simple, by design, in an effort to be inclusive by helping asset management firms – no matter their size, location, or diversity make-up – address gender diversity in the industry today, while building a supportive platform for generations of women in asset management for decades to come.
