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Private Equity's Diversity Problem Isn't Getting Better

Japan Stocks Play Catch Up in Global Slump After Four-Day Break
Photographer: Takaaki Iwabu/Bloomberg

While private equity firms say recruiting women has become a top priority, the latest figures don’t really bear that out.

Women made up less than 18 percent of private equity employees as of February, a figure that’s unchanged since October 2017, according to a report last week from data provider Preqin. That proportion is lower than any other asset class they measured, including venture capital, hedge funds, private debt, real estate, infrastructure and natural resources.