WASHINGTON, D.C. (June 1, 2015) – The Small Business Investor Alliance (SBIA), the leading association of lower middle market private equity funds and investors, congratulates four of its women board members for being recognized for their influence and valuable contributions to the private equity industry. Marilyn Adler, Carolyn Galiette, Jeri Harman, and Pamela Hendrickson participated in high-level discussions at the White House on issues impacting women investors.
Hosted by The White House Business Council and U.S. Small Business Administration on May 28, the meeting was designed as an “interactive dialogue about the issues, challenges, and opportunities pertaining to women investors.” The event brought together senior level women in the financial industry and government to discuss perspectives and new ideas that may inform potential policy actions.
“We have an amazing group of women investors who are very active in SBIA, and the women executives who were chosen to contribute their experiences at this important event are leaders and accomplished individuals in the private equity industry.” said Brett Palmer, President of the SBIA. “ The SBIA offers dedicated sessions at our regional and national conferences for our women members focused on providing a forum for discussion and sharing of best practices.”
“Our meeting in Washington was a great first step towards helping to improve diversity within the private equity industry,” said Marilyn Adler, Managing Director at Medley Management. “Women represent approximately 5% of senior management in private equity1 and change will likely be driven by Limited Partners that agree that diversity in our industry is both appropriate and shown to add value over time.”
The SBIA’s Board Members attending the White House Roundtable:
- Marilyn Adler, SBIA Board Member and Managing Director, Medley Management
- Carolyn C. Galiette, SBIA Executive Board Member and Senior Managing Director, Ironwood Capital
- Jeri Harman, SBIA Vice Chair and Managing Partner and Chief Executive Officer, Avante Mezzanine Partners
- Pamela Hendrickson, Former SBIA Board Member and Chief Operating Officer, The Riverside Company
About the Small Business Investor Alliance
The Small Business Investor Alliance (SBIA) is the premier organization of lower middle market private equity funds and investors. SBIA works on behalf of its members as a tireless advocate for policies that promote competitive markets and robust domestic investment for growing small businesses. SBIA has been playing a pivotal role in promoting the growth and vitality of the private equity industry for more than 50 years. For more information, visit www.SBIA.org or call 202-628-5055.
1 World Economic Forum. Ensuring a Level Playing Field, Women in Private Equity. January 2015.