Blackstone Hires Global Head of Diversity, Equity and Inclusion
June 22 2021 - 10:30AM
Business Wire
Blackstone (NYSE:BX) today announced that Devin Glenn has joined
as Global Head of Diversity, Equity and Inclusion (DEI). Glenn will
be a Managing Director responsible for continuing to implement
policies and initiatives that will help Blackstone achieve a more
diverse and inclusive workplace at Blackstone and its portfolio
companies.
Paige Ross, Global Head of Human Resources, said: “We’ve long
been committed to increasing diversity, equity and inclusion at the
firm. In recent years, we’ve expanded our recruiting pipeline,
introduced new programs to increase engagement and retention of
employees and set goals for more diverse boards. I’m thrilled to
welcome Devin to the firm as we continue to push ourselves to be a
leader in this area.”
Devin Glenn, Global Head of Diversity, Equity and Inclusion,
said: “I look forward to helping Blackstone continue to integrate
DEI principles into the workplace culture and the various talent
and business functions, and also ensure that we leverage its
expansive platform to promote diversity, equity and inclusion in
the industries and communities it serves. The firmwide commitment
has impressed me and I’m excited about what we can accomplish in
the coming months and years.”
Glenn joins from Skadden, Arps, Slate, Meagher & Flom LLP
where she was the Assistant Director of Diversity, Equity and
Inclusion. In that role, she advanced and increased awareness of
the firm’s global diversity, equity and inclusion strategy,
executed recruiting, retention, and client development initiatives,
and launched an industry-leading diversity pipeline program for
high-potential first-year law students. Prior to that, she spent
the last decade in various positions related to diversity and
inclusion at the law firm, as well as working as an associate in
its banking and institutional investing division. She received a BA
from the University of Virginia and a JD from Columbia Law School.
She is a member of the New York State Bar and the Association of
Law Firm Diversity Professionals.
Blackstone has been focused on widening its funnel of
applicants, broadening the schools it recruits from up to 44,
including more Historically Black Colleges and Universities. Across
its portfolio, Blackstone launched a firmwide mandate in 2020
targeting at least one-third diverse representation on portfolio
company boards for new control investments starting in the U.S. and
Europe. It also started Career Pathways, a pilot program run by
Marcus Felder, Vice President in Portfolio Operations, designed to
create employment opportunities and career mobility at Blackstone’s
portfolio companies for people from underserved communities. In
addition, Blackstone LaunchPad, the Blackstone Charitable
Foundation’s student entrepreneurship and career readiness program,
announced a $40 million commitment to expand from 30 to 75 campuses
over the next five years, focusing on colleges and universities
with a majority diverse population or serving under-resourced
communities. To learn more about Blackstone’s efforts, please see
its Diversity & Inclusion Report here.
About Blackstone
Blackstone is one of the world’s leading investment firms. We
seek to create positive economic impact and long-term value for our
investors, the companies we invest in, and the communities in which
we work. We do this by using extraordinary people and flexible
capital to help companies solve problems. Our $649 billion in
assets under management include investment vehicles focused on
private equity, real estate, public debt and equity, life sciences,
growth equity, opportunistic, non-investment grade credit, real
assets and secondary funds, all on a global basis. Further
information is available at www.blackstone.com. Follow Blackstone
on Twitter @Blackstone.
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Media Contact Emilie Stanton
Emilie.stanton@blackstone.com 347-331-9196
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