America's Most Powerful Women in Business - Hedge Funds: Where the Girls Aren't - FORTUNE - Page

"Go to a conference of hedge fund managers, or a benefit, or just an old-fashioned booze-up, and it is obvious that something is missing: women. The financial services industry isn't known for being particularly female-friendly; not many women are mutual fund managers either. But hedge funds represent the extreme edge of the spectrum. 'It's Wall Street divided by 100,' says Jacki Zehner, a former Goldman Sachs partner, referring to the percentage of women in the hedge fund industry. There are no hard numbers, but ask people to name women who run major hedge funds, and you often meet with an awkward silence. There are some, of course, such as Elaine Crocker, who is president of Moore Capital Management, and Tanya Styblo Beder, who is launching a new internal hedge fund at Citigroup, but few have their name on the door. "