The harsh reality is that 96 percent of institutional assets under management are controlled by men. But evidence indicates women investors are stronger advocates for gender diversity in portfolio companies, and as such, more women in portfolio management could mean more women in leadership positions across the economy creating a “diversity multiplier effect” (Oliver Wyman).

And the level of investment continues to be staggeringly less than those of male founders. Women founders received only 2.3 percent of venture capital funds in 2018, down from 2.7 percent in 2017 (All Raise). The average deal size for a woman-led company in 2017 was just over $5 million vs. $12 million for male-led companies (Pitchbook). In 2019, 12 percent of VC and angel investor groups in the US had women in decision-making roles and 71 percent of venture firms had none (Pitchbook).