In the wake of 2020's tragic events and the insistent calls for racial equity, business and finance leaders are asking how to translate talk into action. Stakeholders recognize that post-COVID recovery needs to be equitable not only to avoid widening longstanding wealth and opportunity gaps, but to reduce them and ensure communities of color enjoy equitable access to the American dream. When trillions of stimulus dollars are poised to flow into key industries, it's time to examine the role private markets can play in co-investing with intentionality to move beyond social awareness into financial action. With billions at their disposal and tremendous influence, general partners and limited partners have an obligation to ensure that the uneven impacts of COVID-19 are not compounded in the recovery. Panelists look at how the Biden administration may shift the policy landscape to help diverse business owners, entrepreneurs, and asset managers succeed over the next four years and beyond.