[Singapore, Singapore]—18 September 2024—The Investing in Women LP Award 2024 is pleased to announce the winners of its inaugural awards. These awards celebrate limited partners leading the way with gender-diverse teams across Southeast Asia. These awards highlight the potential of diverse teams to unlock new investment opportunities and drive long-term value creation in a rapidly evolving financial landscape.

Eligible participants for this prestigious award include asset managers, pension funds, corporate investors, sovereign wealth funds, and commercial banks headquartered in Southeast Asia, specifically those investing in venture capital funds focusing on the region.

The award is supported by Investing in Women (IW), an initiative of the Australian Government that focuses on catalyzing inclusive economic growth through women’s economic empowerment, Propelevate, a consulting firm specializing in gender lens investing, and Preqin, a leading provider of data and insights for the alternative assets industry. 

“The Investing in Women LP Award 2024 shines a spotlight on investors leading the way with gender-diverse investment teams,” said Hannah Birdsey, CEO of Investing in Women. “Building a diverse team is an actionable strategy that delivers economic results while advancing gender equality.  We’re thrilled to support this initiative, which underscores institutional investors' crucial role in promoting equality and driving sustainable growth.”

Winners of the Investing in Women LP Award 2024:

• Commercial Bank: Siam Commercial Bank

• Corporate Investor: Ayala Corporation

• Public Pension Fund: Employees Provident Fund

“The Investing in Women LP Award 2024 is more than just a recognition,” said Krisila Benson, Managing Director at Propelevate. “It’s a powerful affirmation of the value that gender-diverse teams bring to the table and the positive impact of inclusive practices on the broader economy. We’re excited to spotlight these leaders who are setting a new benchmark for the industry and inspiring others to follow.”

Collectively, the winners of this award represent a substantial portion of the capital being deployed in Southeast Asia’s venture capital markets. This sector continues to grow rapidly as global investors seek opportunities in this dynamic region. With billions of dollars in assets under management, these organizations are well-positioned to influence market trends and drive significant economic impact. The recognition of their gender-diverse teams further highlights the importance of inclusivity in capturing the full potential of these expanding markets.

“We are proud to support the Investing in Women LP Award 2024,” said Soojin Kim, AVP, Head of ESG Research at Preqin. “Our own commitment is to provide data and insights that help private market investors understand the impact of gender diversity in the workplace, and the data shows institutional investors have been leading the way in closing the gender gap. IW is now shining a spotlight on the specific organizations at the forefront of creating more inclusive and equitable work environments.