What More Supplier Diversity Commitments Could Mean For Diverse Businesses And The Private Equity Industry

According to an EY report prepared for the American Investment Council, there were approximately 16,000 U.S. private equity-backed companies and 4,500 PE firms in 2020. In 2020, the sector directly employed 11.7 million workers earning $900 billion in wages and benefits and generating $1.4 trillion of GDP. Suppliers to the U.S. private equity sector employed an additional 7.5 million workers earning $500 billion in wages and benefits and generating $900 billion of GDP. READ MORE