While navigating the shutdown caused by the global pandemic, the U.S. is simultaneously beginning to confront issues of systemic racism and inequitable treatment of minorities generally and the Black community specifically. That comes on the heels of the #MeToo movement against sexism and the mistreatment of women in the workforce. As the U.S. faces growing societal awareness of institutional racism and sexism – and as calls for reform grow – the private funds industry should not passively sit on the sidelines. Instead, fund managers and other industry participants must examine the racial and gender inequalities that have existed in the industry, while actively taking thoughtful steps to bridge those gaps going forward. To aid fund managers with improving in those areas and in light of the recent Independence Day holiday in the U.S., the Private Equity Law Report is highlighting five articles from its historical archives that provide guidance on ways private fund managers can improve the diversity and equality of their workforces and those of their respective portfolio companies. Next week (the week starting July 13, 2020), the Private Equity Law Report will resume its normal weekly publication.