Diversity is a key element of every conversation we have with our clients when launching a search. Every firm is interested in building a sustainable and competitive workforce that reflects society as whole. In short, an employee population that includes a range of individuals with various racial, ethnic, socioeconomic and cultural backgrounds.
Why is it important? Simple, by weaving together a workforce that is reflective of society as whole, you will produce results that will be attractive to the firm’s stakeholders and investors. Resulting in a growing and profitable enterprise.
So as recruiters in the hedge fund space for 35 years, who have who have witnessed what was exclusively an old boys club evolve into an industry with a rich and diverse workforce, we welcomed the launch of several significant female led hedge funds in 2021 and 2022. Talented investors such as Mala Goankar and Divya Nettimi have launched sizable funds in the last 12 months, attracting blue chip investors across the institutional spectrum. In addition to these two who have an investing pedigree that includes Viking, Lone Pine and Goldman Sachs, there are 78 other funds of various sizes run by woman. So not only is the industry becoming more diverse, the leadership/ownership is as well.
So, as part of our 2022 industry review we will be gathering the thoughts of some of these industry pioneers in early 2023 to hear their market views after a very challenging year, as well as have them reflect on what has been like to launch and run their own fund. Look for it here and on our podcast.