Transforming Capital for the Next Era 2025

Quantifying women’s representation in financial markets2 This section presents novel data, offering insights into how financial markets, particularly private equity and venture capital, look in terms of gender parity. It highlights where women currently participate across roles, decision-making authority and access to capital, and where significant gaps remain. The economy coverage varies across figures, as each dataset draws on different samples depending on the topic presented. Existing data for participation and representation is rarely disaggregated to the level shown for capital flows in the private market in Figure 2, and obtaining gender-specific breakdowns is challenging. Comparable data at the global level is scarcer still. While women are holding an increasing share of global wealth, the data in the subsequent section suggests that this is not yet mirrored in the systems through which the wealth is allocated, potentially creating mismatches between perceived opportunities (and risks) and what is currently prioritized by the system. Seen through a forward-looking lens, these gaps indicate where the industry can create the most meaningful momentum in the decade ahead.Building balance across the investment ecosystem strengthens markets. Across the industry, LinkedIn data reveals that women account for 43.5% of the total financial- services workforce, slightly above the economy- wide share of 40.9% among the 74 economies with available data. However, over the past decade, women’s representation in finance has stayed essentially flat (Figure 3).2.1 Women in the financial industry workforce Percentage of women in financial services vs. in total workforce, by seniority, 2015–2025 FIGURE 3 20%25%30%35%40%45%50% 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 202543.1% 43.3% 43.4% 43.5% 43.6% 43.5% 43.6% 43.7% 43.8% 43.7% 43.5% 39.3% 39.6%39.9% 40.3% 40.5% 40.6%41.0% 41.2% 41.3% 41.2% 40.9% 26.2%26.6% 26.9%27.3% 27.6% 28.0%28.3% 28.6% 28.7% 28.8% 28.6% 26.1% 26.2% 26.4% 26.6% 26.8% 26.9% 27.3% 27.7% 28.7% 27.9% 27.6% % of workers in financial services who are women % of workers in total workforce who are women % of workers in top-level management roles in total workforce who are women% workers in top-level management roles in financial services who are women Note: Average percentages for 74 economies: Algeria, Argentina, Australia, Austria, Bahamas, Bahrain, Bangladesh, Barbados, Belgium, Bolivia, Brazil, Canada, Chile, Colombia, Costa Rica, Croatia, Cyprus, Czechia, Denmark, Dominican Republic, Ecuador, Egypt, Estonia, Finland, France, Germany, Ghana, Greece, Guatemala, Hong Kong SAR (China), India, Ireland, Israel, Italy, Jamaica, Jordan, Kenya, Latvia, Lithuania, Luxembourg, Malaysia, Maldives, Malta, Mauritius, Mexico, Morocco, Nepal, Netherlands, New Zealand, Norway, Pakistan, Panama, Peru, Philippines, Poland, Portugal, Puerto Rico, Qatar, Romania, Saudi Arabia, Singapore, South Africa, Spain, Sweden, Switzerland, Trinidad and Tobago, Tunisia, Türkiye, Ukraine, United Arab Emirates, United Kingdom, United States, Uruguay and Venezuela; including observations up to 30 April 2025. Source: LinkedIn Economic Graph Research Institute Transforming Capital for the Next Era: Gender Parity and the Expansion of the Investable Frontier 8