Fri, Mar 29, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

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 ......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1