Angeles Investments publishes 2022 DEI report
Angeles Investments, a multi-asset investment firm and Outsourced Chief Investment Officer (OCIO) with approximately $6 billion in discretionary assets and $32 billion in consulting assets, today released its 2022 Diversity, Equity and Inclusion Annual Report detailing its internal and external THEY. activity, progress and milestones from calendar year 2022 in addition to goals for the coming year.
The 2022 DEI report highlights that 59% of firm investment officers and 65% of all firm employees are diverse. This is in line with previous years and highlights Angeles’ continued commitment to maintaining and growing a pipeline of talent that reflects diversity of backgrounds and experiences.
“Diversity is a critical aspect of our business, and we know that diversity of thought and experience leads to better investment results across the board,” said Howard Perlow, co-founder of Angeles Investments. “I am proud that we continue to prioritize engaging DEI across the investment management industry, in our firm and with our clients, and look forward to furthering our influence and sustaining this momentum.”
In addition to transparent reporting of the firm’s diverse makeup, the report details Angeles’ advocacy work and partnerships along with internal engagement. This includes supporting regular dialogue through roundtables with a focus on improving internal communication and collaboration.
“In addition to holding Angeles accountable, our due diligence is an integral part of our leadership selection process,” said Sapna Shah, Managing Director and Chairman of the DEI Committee at Angeles Investments. “Looking within Angeles, our diversity efforts represent the firm’s breadth of experience and viewpoints, which drives our ability to best serve our clients and their missions through investment.”
Angeles continues to look towards improving DEI by expanding manager DEI data analysis, engaging with existing manager DEI strategies and maintaining a focus on identifying diverse emerging leaders within the investment industry.
Furthermore, as announced last week, the firm was recognized by Coalition Greenwich as a 2022 Greenwich Quality Leader Award recipient, marking the firm’s sixth consecutive year of receiving the award and noting Angeles’ superior support for clients working to navigate rapid changing markets’ including ESG integration and consultancy.