The thickest glass ceiling on Wall Street

In its inaugural issue, Portfolio magazine devotes an article to women in the private equity business. It notes that the industry can lay claim to a dubious distinction: "Some of the thickest glass ceilings in all of finance." They look even worse now that top Wall Street banks are starting to make strides toward correcting their long-time imbalances. There are, however, some success stories. The likes of Karen Bechtel and Sandra Horbach, of the Carlyle Group; Carrie Wheeler, of Texas Pacific Group; Jacqueline Reses, of Apax Partners; Melina Higgins, of Goldman Sachs; and Bodil Arlander, of Bear Stearns. Some would call them pioneers. Of course there are several top firms that have no women in partnership or power roles. Hopefully, that will change soon.

For more:
- here's the article from Portfolio
- more private equity news