Private credit may have become a hot asset class, but it is ice-cold when it comes to inclusion. Women-owned private equity firms* account for only 7.2% of all U.S.-based firms and have a smaller share of assets under management (AUM), just 1.6%, according to the Knight Foundation. A women- and minority-owned private credit firm, Avante Capital Partners, is…
In the aftermath of the pandemic, headlines focused on the consequences of lockdowns and the rise in gender inequality in work and education. So where are we today? The Global Gender Gap report published by the World Economic Forum in June 2023 provides data on gender parity for women. The annual report is an index demonstrating the momentum around…
Some experts are questioning whether a newly approved Alzheimer’s drug was shown in clinical trials to be less effective on women — even though the FDA didn’t flag any such concerns when it was authorized last week. Why it matters: Nearly two-thirds of Americans living with Alzheimer’s disease are female, according to the Alzheimer’s Association. The $26,500 drug, Leqembi,…
2020 was a bad year for everyone, but it was especially tough for working women. The COVID-19 shutdowns led to mass layoffs in female-dominated sectors of the economy, from healthcare to hospitality, while school and daycare closings made it virtually impossible for mothers with young kids to hold on to their jobs. Millions of women…
There’s no rhyme or reason to the given reasons for why the House Freedom Caucus ousted Rep. Marjorie Taylor Greene, R-Ga., last week. She should be right at home in a group established to draw the House GOP to the right. After all, she’s one of the nuttiest members in historical memory, an avid fan of…
For men, middle age can often be the era of their professional peak. Their 40s and 50s can be their prime earning years. Their family transitions are more likely to be valued, too. When men have children, they can benefit from what researchers call the “fatherhood bump” in pay, because they are now subconsciously seen as…
