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Industry Updates

The alternatives industry inches toward gender parity

Monday, March 08, 2021
Opalesque Industry Update - At the end of 2020, over a fifth (20.3%) of people working in the alternative assets were women, compared to 19.7% at the end of 2019, according to data provider Preqin.

Venture capital had the highest female representation in the workforce at 21.8%. Real estate was the global asset class with the least gender diversity, with females compromising 18% of positions.

Regionally, the highest representation of female employees was in European natural resources firms (23.3%) and the lowest in Asian real estate firms (16.6%).

Despite some progress, women fill 12.2% of senior roles in the alternatives industry and 6.6% of board director roles. Among senior leaders, women are proportionally most represented as Chief Financial Officers, with women holding 21.8% of CFO positions.

Shifra Ansonoff, Global Head of Research & Data Operations, said: "Achieving gender equality in alternative assets is a slow, but progress is being made in most parts of the industry. Our data on institutional clients shows that there are proportionately more women working at investors than at alternative asset firms trying to sell to them. We also see that female representation among senior roles remains low. However, women's presence in the alternative assets industry is slowly growing, registering gains that will hopefully hold over the longer term."

Key Women in Alternatives Facts:

• At the end of 2020, 20.3% of people working in alternatives assets are women, up from 19.7% at the end of 2019.
• Venture capital had the highest female representation in the workforce at 21.8% - up 62bps on the previous year.
• The least gender diverse asset class globally was real estate with a proportional female headcount at 18.0%, although this was an increase of 50bps compared to last year.
• The highest concentration of female employees was in European natural resources firms (23.3%) and the lowest in Asian real estate firms (16.6%).
• Women account for just 12.2% of senior roles. The CFO is the role proportionally most filled by women (21.8%).
• Only 6.6% of board directors are women, up from 6.4% at the end of 2019.

Press release
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For more information and analysis, see the full Women in Alternatives Report here:

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