 Private equity giant Blackstone today announced a radical decree that the boards of all the companies it invests in must have at least 33 of directors from diverse backgrounds. As well as meaning BAME or LGBTQ people, Blackstones definition of diversity includes women, who already make up a third of directors on the FTSE-100. However, it is seen as a well-intentioned start for the company, which is also launching a programme to improve employment opportunities for underserved communities generally taken as meaning ethnic minority and poor people. 