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Opalesque Roundup: Private equity and hedge funds fail to improve gender balance in almost two years: hedge fund news, week 09

Sunday, March 03, 2019

In the week ending March 1st, 2019, a latest analysis of female representation revealed that the hedge fund and private equity industries' overall gender balance has shown little to no improvement in almost two years.

Women account for 19.3% of hedge fund employees, up slightly from 18.6% in 2017, said Preqin. In other words, women represent barely one in five employees in the industry. At senior levels this is even lower: women account for just 11% of senior hedge fund staff, compared to 29% of junior employees.

The percentage of women in the global private equity industry remained the lowest proportion among all alternative asset classes (with 17.9% in February, the gender ratio has not budged since November 2017). Women hold a greater proportion of junior roles (31%), but become less well represented at more senior levels (just 10% globally). These trends are relatively equally displayed in different regions, said Preqin. Women would account for the majority (53%) of investor relations employees, but only 13% of employees in PE investment teams.

Meanwhile, the Private Equity Women Investor Network (PEWIN) announced that four of 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.

In new launches, Willis Towers Watson announced that the Towers Watson Secure Income Fund (SIF) has reached GBP1 billion of commitments; London-based Prime Factor Capital has ......................

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