The BVCA, in collaboration with Level 20 started gathering data on female representation within the private equity and venture capital industry in 2018, focusing on Women in Private Equity. In 2019 we undertook a similar study looking at Women in Limited Partners.
In 2020/21 we conducted a study looking at women in investment firms, to see whether there had been any improvement since the 2018 survey. We also collected data on the ethnicity of individuals working in private equity firms for the first time.
Our latest report, published in May 2023, repeats the 2020/21 study, once again looking at the representation of women and people of different ethnicities working in private equity and venture capital firms. In a further refinement to our methodology, we are now able to compare a UK office gender data set to the latest Level 20 European data. This shows the UK is performing well in comparison to other countries, with further room for progress.
Our research provides a robust and valuable data set that highlights the lack of gender diversity in senior investment roles. The pipeline, however, is promising and we will continue to work with the industry to improve on these results over the coming years.
We were also delighted to join forces with the British Business Bank and Diversity VC to run an industry-wide initiative that built the first clear picture of the representation of women – and diversity more broadly – in the pipelines of UK venture capital firms, and how this corresponds to the deals that get done. Further information is available here.
For further information and if you have any suggestions for research, please contact firstname.lastname@example.org.