Its a man's world - still

Sun Jun 1, 2003



Women hold key positions in all areas of the hedge fund business except one - managing the money

Ask the average investor to name the top 50 women hedge fund managers and they are almost immediately in trouble. Mary Murray and, perhaps because she just recently launched, Joyce Johnson-Miller they might say. Then things start getting difficult. They dredge out Eunice Johnson and Jane Siebels from their memory banks. Then...blank.

That's when the debate starts. Where are all the women hedge fund managers? Are they particularly secretive? Then the astonishing realization sinks in: there aren't any....or, to be more precise, there are only a handful of them. The stark reality is that running money at a hedge fund still remains the preserve of men.

"The ratio is still very much skewed toward men," says Joanne Egrovich, co-founder and co-portfolio manager of Greenwich, Conn.-based Heirloom Capital Management, which was launched last...

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