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TalentSpoke™ and CVCA Partner for the Second Year to Advance Diversity in Canadian Private Capital

Nadia Gaudino8 October 2024

Press Release

Toronto, ON, [October 8, 2024]TalentSpoke™, a next-generation recruitment provider by award-winning executive search firm Oxford + Richmond, is proud to announce its continued partnership with the Canadian Venture Capital and Private Equity Association (CVCA) on the Diversity Internship Program. Building on the success of the inaugural year, this collaboration enters its second year, reaffirming TalentSpoke’s commitment to driving diversity and inclusivity within the Canadian private capital sector.

The CVCA Diversity Internship Program is a strategic initiative designed to foster a diverse talent pipeline for member firms, providing access to top-tier candidates from varied backgrounds. TalentSpoke™, recognized for its advanced recruitment capabilities, integrates cutting-edge technology and human expertise to streamline the talent acquisition process. This partnership enhances the quality of talent available to PE and VC firms, helping them build more inclusive and innovative teams.

According to the CVCA, while there is still room for improvement, progress is being made in advancing representation and inclusion within Canada’s venture capital (VC) and private equity (PE) ecosystem. As of 2023, women now represent 22% of total private equity employees, with 13% holding senior roles. Similarly, racial and ethnic minorities facing similar underrepresentation, now account for 20% of managing directors in investing roles. Efforts to improve diversity are underway, with many firms implementing initiatives to promote inclusivity and mentorship. The CVCA is committed to supporting these ongoing efforts and facilitating meaningful change across the industry.

“TalentSpoke’s ongoing collaboration with the CVCA demonstrates our shared commitment to creating meaningful change in the private capital industry,” said Jason Carmichael, Founder and CEO of TalentSpoke™. “As we embark on the second year of this partnership, we are excited to continue building a diverse talent ecosystem, ensuring member firms have access to the best candidates while promoting equity, diversity, and inclusion.”

In its second year, the program aims to double the number of interns recruited to member organizations this year. TalentSpoke’s proven methodologies, coupled with its ability to adapt to the evolving needs of the industry, ensure an efficient and scalable recruitment process that meets the growing demand for diverse talent. Interested students can apply here.

About CVCA:

The Canadian Venture Capital & Private Equity Association (CVCA) supports the investors behind thousands of jobs, innovative technologies, and strengthened local economies across Canada. They are the backbone of Canada’s entrepreneurial spirit, supporting businesses from startup to global expansion. CVCA proudly champions these investors, standing by their side to build a prosperous and innovative Canada. CVCA advocates for access to capital, talent, and competitive tax policies, while fostering partnerships and collaboration across industries. Our industry-leading data provides the most reliable insight into the Canadian market, and our essential resources help our members' organizations thrive. Learn more: www.cvca.ca.

About TalentSpoke:

TalentSpoke™, an Oxford + Richmond company, is a pioneering recruitment provider specializing in recurring professional and mid-level roles with extensive experience in the PE/VC and growth portfolio sectors. Leveraging a unique Recruitment-as-a-Service (RaaS) model, TalentSpoke™ combines advanced technology, data-driven insights, and human expertise to deliver culturally and technically aligned talent at scale. With a client satisfaction rate exceeding 93% and candidate satisfaction over 95%, TalentSpoke™ consistently receives positive feedback. One client remarked, “We're so grateful to benefit from your cutting-edge product under the guidance of a superb leadership team!”

Follow us on LinkedIn! TalentSpoke | Oxford + Richmond | CVCA

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