|
Laxman Pai, Opalesque Asia: More women are working in private capital and hedge funds compared with two years ago, but large gaps remain at senior levels, said Preqin.
At the Managing Director level and above, a significant gender imbalance remains, it said. According to the report, less than 12% of senior roles in alternatives are occupied by women.
Today, women represent 19.7% of the total alternatives workforce, a 0.9 percentage point increase compared with 2017, said the report titled, 'Women in Alternative Assets 2020'.
However, this rise was unevenly shared across the asset classes. Overall, private equity, venture capital, and hedge funds now have a larger proportion of female employees, but private debt, real estate, infrastructure, and natural resources recorded decreases in female representation.
Preqin data shows that all asset classes follow a consistent trend in terms of female representation. The lion's share of female employees occupies junior roles, such as Analyst and Associate positions. There is a small drop-off at mid-level positions, which includes Senior Associates, Vice Presidents, Managers, Directors, and Principals.
There is then a precipitous decline among senior ranks, which spans Managing Directors, Partners, Senior Managing Directors/ Advisors, Managing General Partners and C-Suite Executives.
Women represents one-third of the workforce at junior levels
At junior levels, women make up roughly a quarter to a ...................... To view our full article Click here
|
RSS
