Justin Mitchell

The report urges fiduciaries to encourage more transparency from the industry and measure performance based on a public markets equivalent.

Wayne Moore also asked that staff and JPMorgan, which runs the private equity emerging manager programme, provide more information about the demographic make-up of its GPs.

Rendel Solomon discusses why he walked away from a successful career at a $1bn asset manager, and shares some frank thoughts on the state of diversity and inclusion in the industry.