Palo Alto, CA – Altamont Capital Management, L.P is pleased to announce that it has become a signatory to the Institutional Limited Partners Association’s (ILPA) Diversity in Action initiative. Through its participation, Altamont reaffirms its commitment to advancing diversity, equity, and inclusion in the private equity industry.
“At Altamont, we believe that DEI and our core values are inextricably linked,” said Kristin Johnson, Managing Director at Altamont. “We are very proud to be a signatory of ILPA’s Diversity in Action Initiative and of our continued dedication to advance diversity and inclusion in our firm, across our portfolio, and in our communities.”
The Diversity in Action initiative’s goal is to motivate market participants to engage in the journey to become more diverse and inclusive and to build momentum around the adoption of specific actions that advance DEI over time. Signatories undertake essential DEI actions that span talent management, investment management and industry engagement.
Altamont joins the list of ILPA signatories four months after joining Ownership Works, a nonprofit with a mission to increase prosperity through shared ownership at work, as a founding partner. Altamont is also a signatory of the United Nations’ Principles for Responsible Investment (UNPRI), a global network of investors committed to advancing ESG principles to develop a more sustainable global financial system.
Altamont looks forward to working with ILPA, its industry peers, and partner companies as the firm continues to integrate DEI into its investment activities and organizational practices through its constant refinement and enhancement of its approach.
About Altamont Capital Partners
Altamont Capital Partners is a private investment firm based in the San Francisco Bay Area with more than $4.5 billion of assets under management. Altamont is focused on investing in middle-market businesses where it can partner with leading management teams to reach their full potential. The firm’s principals have significant experience building business success stories across a range of industries, including financial services, healthcare, business services, consumer/retail, and industrials.
With more than 590 member institutions representing over 2 trillion USD of private equity assets under management, the Institutional Limited Partners Association (ILPA) is the only global organization dedicated exclusively to advancing the interests of LPs and their beneficiaries. Our members include public and private pensions, insurers, endowments and foundations, family offices, development finance institutions, and sovereign wealth funds. Our policy agenda is focused on strengthening the private equity asset class through strong governance, alignment of interests, and transparency.