Women received just 7% of £5.4bn in carried interest last year
Women received just £366m, or 6.8%, of the £5.4bn in carried interest and other profit-share awards paid to senior executives at private equity and hedge fund firms last year, according to analysis of HMRC data by business advisers and chartered accountants Lubbock Fine.
In the latest financial year, women received only 6.8% of the £5.4bn in carried interest and other profit-share awards distributed to senior executives at private equity and hedge fund firms, according to an analysis of HMRC data by business advisers Lubbock Fine. Despite representing 20% of recipients, women only received £366m, or £495,000 on average, compared to men who took home £1.6bn.
Business advisers noted that some private equity and hedge fund managers may have accelerated the crystallisation of gains to benefit from the lower tax rate of 32% the following year.
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