Better representation for women in Asian private markets, but glass ceiling persists
Women in private equity tend to hit a glass ceiling at the VP level, with only 2% in Asia Pacific being promoted to principal level compared to 20% of men, according to new McKinsey research.
Asia has more women working in private markets, but the proportion falls with each rung of the corporate ladder, particularly at the principal level, according to a new report by McKinsey. But this might change as Limited Partners (LPs) place more pressure on their general partners.
Overall, Asia Pacific has 26% of private equity investing roles held by women, compared to 23% in the Americas and 21% in Europe, according to the new report titled ‘The state of diversity in global Pr…
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