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

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.
Insight
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.
Benchmarking
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.
Industry engagement
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.
Research reports
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
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