Women in Private Equity: Resources
In recent years, private equity (PE) has made progress in diversifying its entry-level workforce, with women occupying 48% of these positions by the end of 2022 . But the story is different at senior levels, where the gender gap remains significant. Per McKinsey , it could take up to 60 years to achieve gender parity at the managing director level in investing roles. This gap underscores the importance of creating pathways and providing resources that empower women to advance within the PE industry.
At hireneXus, we’re doing our part to drive the change this sector needs — faster. Here are some key resources, strategies, and insights we’ve compiled for our network of talented women in private equity.
Prioritize mentorship and networking.
Mentorship is not a new concept, but its application in private equity remains invaluable . In an industry where career advancement is often dictated by relationships, mentorship offers women the chance to gain deep insight into the nuances of the sector. Plus, a mentor can guide you in making strategic career moves, navigating office politics, and overcoming unconscious (or intentional) biases that may exist in hiring and promotion processes.
Several organizations offer mentorship specifically targeted at women in private equity, such as the Private Equity Women Investor Network (PEWIN) and 100 Women in Finance . These organizations provide structured mentorship programs, enabling women to connect with industry leaders who offer both career advice and advocacy.
Networking is equally critical. Women in PE must expand their professional networks to increase visibility and gain access to opportunities. Key industry conferences like SuperReturn International or the Women in Private Equity Forum offer invaluable platforms for connecting with peers, mentors, and potential employers.
Pursue continued education.
Technical expertise is essential in private equity, where success hinges on complex deal-making and financial acumen. Women seeking to excel in this field should focus on continuously enhancing their skillsets, particularly in areas like financial modeling , deal structuring , and valuations .
Certifications such as the Chartered Financial Analyst (CFA) and specialized courses in Leveraged Buyout (LBO) Modeling or Mergers and Acquisitions (M&A) can provide a competitive edge. The CFA, for instance, covers a broad range of financial concepts critical for private equity, and possessing this credential signals both dedication and technical mastery.
Additionally, women looking to enhance their private equity expertise might consider programs offered by Harvard Business School or INSEAD , which specialize in private equity and venture capital executive education. These programs not only deepen financial expertise but also help participants build connections with industry insiders, offering a dual advantage in skills and networking.
Seek sponsorships.
While mentorship provides guidance, sponsorship is about advocacy. A sponsor actively pushes for your advancement, ensuring your name is in the mix when it comes to promotions and critical roles. Professionals who have sponsors are 23% more likely to move into senior leadership roles.
Identify potential sponsors within your firm by looking for senior executives who can influence decision-making. Cultivating relationships with these decision-makers is crucial for moving beyond mid-level roles. It's essential to demonstrate your value to these potential sponsors through your work, contributions, leadership in initiatives, and proactive communication.
Don’t compromise on work-life balance.
Private equity is known for its demanding hours, which can make work-life balance challenging. Many women in the industry are finding ways to strike a balance between their professional and personal lives. The key lies in setting boundaries and ensuring that your career trajectory is aligned with your personal goals.
The good news? More PE firms are recognizing the importance of flexibility , especially post-pandemic, where remote working has become more normalized. Firms like KKR and Blackstone are now offering flexible work arrangements that can help women manage both career and family responsibilities without sacrificing their professional growth.
Look for women-led PE firms.
The rise of women-led private equity firms is a beacon of progress in an otherwise male-dominated sector. These firms create a space where women feel supported while playing a crucial role in investing in women-led companies. Firms like AI Healthcare Capital and Global Ventures are led by women who have forged paths to leadership, creating a ripple effect by mentoring the next generation of female PE professionals. And there are many other women-led firms contributing to this progress.
Join women-specific investment funds.
Another resource for women in private equity is the rise of women-specific investment funds. These funds, such as the Women's Venture Capital Fund and Portfolia , aim to bridge the gender gap by focusing on investments in women-led businesses. For women in PE, joining or creating such funds can be an avenue to not only make a mark in the industry but also to drive change by supporting other women entrepreneurs.
Support other women in the field.
Women in private equity should actively support each other, whether through mentorship, collaboration, or advocacy . Building a network of female peers can provide support, peer review, and practical guidance on navigating the industry. As more women rise to senior positions, their collective influence can help shape policies and cultures that are more inclusive, fostering a more equitable PE landscape.
Break barriers with hireneXus.
At hireneXus, we believe that accelerating gender equity in private equity is our responsibility. Through our expertise in executive search and strategic staffing, we’re committed to empowering women to break through barriers at every level of their careers. From mentorship and sponsorship to continuous education and networking, our solutions are designed to equip women in private equity with the tools, connections, and opportunities needed to thrive.
The progress toward gender parity may be slow, but together, we can drive change that ensures women aren't just participants in private equity — they’re leaders shaping its future. Let's move forward together.
Editor, Content Manager
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