Women in Alternatives 2023

Recent efforts toward gender balance have had little effect in the alternatives industry. Progress has been incremental at best, with a less than two percentage point increase in women working in the sector in the last 12 months. The effects of the bottlenecks are most visible at the senior level, where female representation is disproportionate. While women account for 32.5% of the alternatives workforce at the junior level, only 13.6% populate the senior level. Women of color are among the groups particularly under-represented at senior levels. In this report we use Preqin data to examine which asset classes, institutions, and regions exhibit progress – and which continue to lag.