From its start in 2013, Access Holdings has focused on diversity and inclusion, believing that a diverse team is the bedrock of creative thinking and the key to an enduring business. The private equity firm made a deliberate decision to locate its headquarters in Baltimore’s historic, but distressed, Mount Vernon neighborhood, where it hires local residents and supports local businesses. In addition, firm employees are active members of the community, volunteering and serving local institutions in a variety of ways. “We believe a diverse team inspires creative thinking and brings important perspective to the development and growth of enduring businesses,” said Kevin McAllister, founder and managing partner.
Underrepresented groups account for 61% of the firm overall and three-quarters of its executive team. Access Holdings also boasts being 39% female, which is more than twice as high as the average percentage of women at private equity firms. Moreover, it has created a women’s initiative to address female underrepresentation in the industry head-on. To retain and support diverse talent, Access has promoted an apprenticeship and mentorship culture, partnering with historically Black colleges and universities to attract and recruit talent. It also encourages and implements its policies across its platform companies.
Contact: Katie Leshinsky, community development manager, kleshinsky@accessholdings.com.
— Evan Cooper