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Alternative Market Briefing

Four women in private equity raise a $1.5bn for their four funds

Thursday, February 28, 2019

Laxman Pai, Opalesque Asia:

The Private Equity Women Investor Network (PEWIN) announced that its Members - Adele Oliva (1315 Capital), Hollie Haynes (Luminate Capital Partners), Kristina Heinze (ParkerGale) and Kate Mitchell (Scale Venture Partners) - have each successfully closed a new fund.

PEWIN, a global organization with over 600 members representing institutions with over $2.5tn in assets under management, said in a press release that those four members have raised a total of $1.5bn for their respective funds.

"We are so proud of Adele, Hollie, Kristina, and Kate, who have all each successfully raised multiple funds. These incredible women have led the charge of change, setting an example for our membership and the industry of what can be accomplished," said Krista Hatcher, PEWIN President.

Given that nine out of ten fund managers are male according to Morningstar, these successes represent notable progress and are representative of the talent of the 600+ PEWIN members around the world.

PEWIN Steering Committee member Adele Oliva, is a Founding Partner of 1315 Capital, LLC, an expansion and growth equity firm that invests in commercial-stage medical technology, healthcare service, and specialty pharmaceutical companies. 1315 Capital raised over $300m for its second fund, bringing total assets under management to over $500m.

PEWIN member Hollie Haynes is the Founder and Managing Partner of San Francisco-based Luminate Capital Partners, a p......................

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