Written by James Bishop
Rami Cassis writes for Private Equity News about the benefits that greater professional diversity would bring to the private equity industry.
He argues the current domination of lawyers, bankers, and accountants in the industry, and a lack of industry experience means it treats its investments like commodities, focuses entirely on profit, and ignores the human element of business.
By increasing professional diversity in PE, and bringing in more experience from sectors such as marketing, HR, operations, and tech, Cassis says PE firms can break out of the damaging three-to-five-year investment cycle and create stronger long-term growth for their businesses.
Read the full article here.