Happy Thursday!
Out of an abundance of caution with everything going on with the coronavirus pandemic, we are postponing our State of the Markets and C-Suite events until the fall. We will be making announcements with the new dates shortly. We will continue to host the three small format events this month and will re-commence events when it is prudent to do so. We will continue to publish the blog weekly to keep you updated on news in our industry!
In terms of networking, many of you are aware that TXWSW has a profile on LinkedIn as well as a private group. We encourage you to both connect with us and join the group so you can use that for virtual networking at any time.
We are all aware of the push to add women to corporate boards, and a recent PitchBook article notes that the activity around public boards highlights the inaction around private companies. “Indeed, more than half of 304 US and European companies had all-male boards when going public or announcing IPOs since January 2019, according to a new analysis by PitchBook. The dearth of women on boards has a long history rooted in the male-dominated ecosystem of venture capital, private equity and startups. Most newly public companies receive PE or VC backing, and their boards tend to reflect the gender makeup of their main institutional investors.” The full article can be found here.
Shockingly less than one in five employees at alternative asset management firms are female and the majority of those women are shifted into client facing, legal or operational roles, and this lack of gender diversity at these firms has ramifications beyond just the asset management firm itself as noted in the statistics above. The full article can be found here.
A recent Institutional Investor article notes that endowments and foundations are the best places for women to work in the field of institutional investing. These entities have achieved near gender parity amongst their staff. Insurance companies are the least hospitable to women with women holding just 20% of roles. The full article can be found here.
I would ask each of you to consider corporate sponsorship of TXWSW. Benefits include attendance at our flagship events and recognition for your firm. To learn more, you may find our sponsor information here. Additionally, we would be happy to create a custom sponsorship for you. Please contact Bianca King atdevelopmentdirector@txwsw.com
Kind regards
Christine
Join the conversation.
We want to hear from you; use the hashtag #TXWSW when posting your challenges and triumphs.
