CHANGING THE FACE OF PRIVATE EQUITY 2019 ABOUT LEVEL 20 1 HIGHLIGHTS OF THE YEAR 2 A LETTER FROM THE CHAIR 4 A LETTER FROM THE CEO 6 MENTORING & DEVELOPMENT 8 ADVOCACY 10 NETWORKING & EVENTS 12 RESEARCH 14 OUTREACH 16 SPONSORS 18 GOVERNANCE & COMMITTEES 20
www.level20.org ABOUT LEVEL 20
Level 20 is a not-for-profit organisation founded in 2015 with the aim of improving gender diversity in the private equity industry.
OUR MISSION To inspire women to join and succeed in private equity, and to work with industry leaders to make the changes necessary for diversity and inclusion to flourish.
OUR GOAL Our goal is for women to hold at least 20% of senior positions in private equity.
Our mission and goal are underpinned by five key initiatives:
OUTREACH MENTORING & SEE PAGE 16 DEVELOPMENT SEE PAGE 8
ATTRACT, RETAIN AND PROMOTE RESEARCH ADVOCACY SEE PAGE 14 SEE PAGE 10
NETWORKING & EVENTS SEE PAGE 12
LEVEL 20 CHANGING THE FACE OF PRIVATE EQUITY 2019 1 HIGHLIGHTS OF THE YEAR
Achievements and milestones throughout the year.
Level 20 organisation Mentoring Expanded our continental European Launched the fifth iteration presence with committees now of our highly successful UK operating in 11 countries. mentoring programme.
Secured new sponsorship from Mentoring programmes launched 10 GP firms and continued support in Germany, the Netherlands and from the original sponsor group, France with other countries to follow. bringing the total number to 56 (listed on pages 18 and 19). Total of 119 mentoring pairs currently operating across Europe. Implemented new governance structure with Board changes, Advisory Council and new Senior Women’s committee. 119 total mentoring pairs
56 10 sponsors new sponsors in total secured
LAUNCHED BY OUR 12 FOUNDERS IN 2015, WE NOW HAVE OVER 2,500 MEMBERS Advocacy Launched toolkit of best practice guidance for GP sponsor firms.
Established a series of GP roundtables with managing partners 12 700 1,000 1,800 2,500 to discuss how to lead cultural change to create inclusive firms.
Established Level 20 guidelines for private equity firms.