![]() “Having a mentor is really helpful when you’re moving into private equity," Arora says. "The private equity recruitment process is very complicated and every year the bar gets higher and higher as firms expect more. As a former member of SEO London's advisory board and mentor to students and bankers who want to move into PE, he's among those pushing for change. “London’s a bit further behind the U.S – but we’re catching up,” says Arora. Perry, a senior managing director at Blackstone, and Dawn Fitzpatrick, the chief investment officer at Soros Fund Management. ![]() This year's conference in March already has speakers lined up like Ken Griffin of Citadel, Verdun S. SEO USA, the organization that helps Black, Hispanic and Native American college students into underrepresented careers, began an alternative investments arm in 2009 and runs a conference and a fellowship program. In America, the private equity industry has established levers to pull as it attempts to increase its intake of ethnically diverse talent. The investing industry needs diverse investment teams in response.” One of the things the industry has really seen is that the markets where people are looking to invest now - areas like consumer and healthcare, have very diverse management teams. “Diverse teams can help make better investment decisions. ![]() “Diversity is super-important to buy-side firms: the industry needs diverse talent to help it make investment decisions and to spot opportunities that non-diverse teams might miss,” says Arora. He's worked for a London private equity fund for three years and is passionate about helping more minorities into the industry. Rohan Arora moved to the buy-side after graduating in economics and management from the University of Oxford and spending 18 months at boutique investment bank Evercore. ![]()
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