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  "documentTitle": "VC Human Capital Survey",
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      "text": "Asian/Pacific Islander employees were a higher percentage of investment partners among firms in the Northeast (23%) and the West (22%) than in firms in the Midwest and the South (both 9%).\nFirms focused on multi-stage (22%) and growth stage (21%) reported more representation of Asian/Pacific Islander employees among investment partners than did those focused on the seed stage (18%) and early stage (14%).",
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      "text": "Executive summary\nWhy DEI matters for the VC industry\nThe diversity dividend\nBarriers to DEI progress\nGender diversity\nRacial diversity\nEthnic diversity\nOther key characteristics of the VC workforce\nTalent management and DEI practices\nTake action: How VC firms can promote DEI",
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      "text": "White employees comprised 75% of investment partner positions, a decrease from 78% in 2020 and 80% in 2018. For senior decision-making responsibilities, the representation of white employees was: originates deals (70% vs. 74% in 2020), represents the firm on the boards of portfolio companies (76% vs. 77% in 2020), member of the firm's investment committee (76% vs. 75% in 2020), and owner of the management company (77% vs. 76% in 2020).",
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      "text": "Asian/Pacific Islander employees, who comprised 22% of investment professionals, were less often represented among those with senior decision-making responsibilities: originates deals (21% vs. 18% in 2020), represents the firm on the boards of portfolio companies (18% vs. 17% in 2020), member of the firm's investment committee (17%, unchanged from 2020), and owner of the management company (16%, unchanged from 2020).",
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      "text": "Asian/Pacific Islander employees comprised 18% of investment partners (152 employees in the survey sample) in 2022, an increase from 15% in both 2020 (127 employees) and 2018 (61 employees). Asian/Pacific Islander employees had more representation among investment partners at firms at different regions and focused on different investment stages.",
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