NEPC, is pleased to publish the second part of its third annual Diversity, Equity, and Inclusion (DEI) Progress Report, a report that aims to uncover the investment-oriented benefits of diversity, supporting NEPC’s goal of being the investment industry’s most intentional and data-driven DEI leader.

Part two of this year’s report takes a candid look at NEPC’s workplace diversity data, workforce turnover statistics, and programmatic opportunities that are part of the firm’s diverse employee retention strategy.

“We are pleased to see evidence that we are sustaining workplace diversity gains at the ownership, leadership, and associate level,” said Judy Murphy, Partner, Head of HR & Organizational Development. “NEPC’s workforce diversity is growing, and while the job isn’t done, we continue to set goals to lead the industry in this regard.”

Listed below are highlights from this year’s report:

A 10-year look back

  • 22% of NEPC ownership is female, up 10% from 2014.
  • 12% of NEPC ownership is diverse by race/ethnicity, up 8% from 2014.
  • 29% of NEPC partners and principals are female, up 13% from 2014.
  • 13% of NEPC partners and principals are diverse by race/ethnicity, up 8% from 2014.
  • Workplace turnover for diverse groups decreased from 2021 to 2022.

“We’re not satisfied with simply bringing diverse talent in the door,” said Mike Manning, Managing Partner. “We want to create an environment where people choose to stay and grow with the organization, and we’re prepared to assess and improve our approach over time.”

For more information about NEPC’s DEI efforts, click here. To download NEPC’s 2022 DEI Progress Report – Part Two, enter your information below:


NEPC is an independent investment consultant, private wealth advisor, and OCIO provider serving over 400 retainer clients and $1.4 trillion in total assets. Combining a proprietary research team dedicated to the long-term challenges facing investors with our unique client-centric model, NEPC builds forward-looking investment portfolios for institutional investors and ultra-high-net worth individuals. To learn more about NEPC, visit


Laura Nascimento
[email protected]