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Stock impact report

The Hot New Trend For Hedge Funds Is--Finally--Female Founders [Financial Post (Toronto, Ontario, Canada)]

ServiceNow, Inc. (NOW) 
Last servicenow, inc. earnings: 4/29 04:10 pm Check Earnings Report
Company Research Source: Financial Post
(Bloomberg Markets) — When Mala Gaonkar and Divya Nettimi open their hedge funds in 2022, some bankers and investors expect they could each start with $1 billion or more under management. There has never been such a large launch by a woman-led firm, never mind two in the same year.Listen to this story There's never been a better time to get into Canadian real estate Advertisement They are just the most prominent of a group of women who are opening, or have recently opened, funds around the world. It's been a long time coming. Of the thousands of hedge funds, only about 80 are led by women today, according to the Kresge Foundation, a Troy, Mich.-based philanthropy that tracks diversity of managers. Advertisement Article content “It is a watershed moment to have multiple female-led hedge fund launches,” says Dominique Mielle, a former partner and portfolio manager at Canyon Capital and author of Damsel in Distressed: My Life in the Golden Age of Hedge Funds. “Women must out Show less Read more
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