“The takeaway is not that one is better than the other, it's that you need diversity of thought and background. That balance is what outperforms.”— Alifia Doriwala, Institutional Investor, March 7, 2019
On March 7, Afsaneh Beschloss (Founder and CEO, RockCreek) and Alifia Doriwala (Managing Director, RockCreek) were featured in an article in Institutional Investor, "Want 20% Higher Returns? Do This.", by Amanda Cantrell.
The article details the findings of a recent study jointly released by RockCreek, the IFC, and Oliver Wyman. The study explores the link between financial returns and gender diversity; the lack of women in the industry; and steps needed to achieve gender balance. One of the key findings of the report is that private equity and venture capital funds with gender-balanced senior investment teams generated 10 percent to 20 percent higher returns compared with funds that have a majority of male or female leaders.