A straightforward question: as we consider the future of diversity and inclusion in private equity, can the industry meet the challenge? To seek answers, the Private Capital Project at the Harvard Business School and the Private Capital Research Institute recently hosted a webinar with a group of limited and general partners. What did they find? I spoke with one of the conference leaders, Dr. Josh Lerner, the Schiff Professor of Investment Banking at Harvard Business School. He co-directs the National Bureau of Economic Research’s Productivity, Innovation, and Entrepreneurship Program and serves as co- editor of their publication, Innovation Policy and the Economy. He founded and runs the Private Capital Research Institute, a nonprofit devoted to encouraging access to data and research, and has been a frequent leader of and participant in the World Economic Forum projects and events. He has been named one of the 100 most influential people in private equity over the past decade and one of the ten most influential academics in the institutional investing world.