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Our research establishes consistent reliable data so that we can track representation across European private equity.

Web Belgium 2 Compressed

20000 +

Investment professionals

14 %

Senior women in investment roles

25 %

Of investment roles across Europe are now held by women

Data

Level 20’s data set of over 20,000 investment professionals currently spans 15 European countries across 13 chapters. This data set will continue to grow as we expand to cover 20 countries in our 2026 European data research report.

See below for Level 20’s reports on family leave and the representation of women in investment teams.

Industry trends identified through research and focus group feedback from women working in investment roles deliver valuable insight. This allows us to offer actionable guidance to help firms create more inclusive environments and drive change.

See below for Level 20’s reports researching the perspectives of women in the industry.

Our industry-leading benchmarking toolkits and discussion frameworks support members and sponsors to compare their own investment teams with their peers by country, AUM banding and strategy (PE or VC). Note: We collect and analyse data on all investment professionals at multi-strategy firms (including private credit, infrastructure and real estate). Extensive sampling ensures any observed trends are at firm level rather than strategy level.

European comparison tool

UK comparison tool

Level 20 convenes the industry, collaborating with firms in our sponsor network to share insights from our research and develop tools to support talent. We also share our data and insight at industry events and conferences and it is regularly referenced in industry media.

We have been tracking the representation of women in investment teams in the UK since 2018, and in Spain, Poland and the Netherlands since 2021. We have continued to expand our coverage so that in 2024, our European report covered 13 of our European chapter countries. The next edition in autumn/fall 2026 will cover 20 European countries. Below are the reports published for each study.

European Diversity Reports

The Netherlands Diversity Report 2025

Romania Gender Diversity Report 2025

Diversity data across UK private equity and venture capital 2025

European Gender Diversity Report 2024

Level 20 & BVCA Diversity & Inclusion Report 2023

European Gender Diversity Report 2022

Netherlands analysis (2022)

Poland analysis (2021)

Spain analysis (2021)

Women in Private Equity report 2018

European Family Leave Research

Family Leave in Dutch Private Equity and Venture Capital 2025

Family Leave in German Private Equity and Venture Capital 2025

Family Leave in Belgian Private Equity 2025

Family Leave in Private Equity 2024

Research on supporting mid-level and senior women

ACCELERATE: Level 20 and The Inclusion Initiative at the London School of Economics 2023

Level 20 and YSC Consulting: Reaping the rewards of retention

US Research

Female Investment Professionals in US Private Equity 2024

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