Forbes has come out with its ranking of the 100 Most Powerful Women and I did a quick scan for PE execs. And –surprise surprise — there weren’t any buyout execs listed. Well, Ho Ghing, CEO of Temasek Holdings, came in at No. 30. However, Temasek isn’t a PE firm but an LP that makes direct investments.
The Forbes Top 100 listed several notable women from media, politics, law and publishing but no one in private equity. Last month, I did a story about PE execs on the Forbes richest list. There were several PE execs, including Leon Black, Tom Gores and Wilbur Ross, who made the cut.
I don’t want to get into a long-winded diatribe about the lack of female PE execs making the Forbes list (where was Julie Richardson of Providence Equity Partners? Or Jacqueline Reses of Apax?). That’s another story. But there are some interesting picks among the Forbes list.
Michelle Obama came in first while Sarah Palin, described as a “political maverick,” ranked 16th. Lady Gaga was seventh and Oprah, who seems to be on every list, was third. Sheila Bair, FDIC chair, was listed at 15th, while Mary Schapiro, head of the SEC, placed 17th. Sonia Sotomayor, U.S. Supreme Court justice, ranked 19th. Melinda Gates came in 27th while Madonna was listed at 29th and Carol Bartz, CEO of Yahoo!, was 42nd. Serena Williams was 55th. Abigail Johnson of Fidelity Investments came in 59th and Sheryl Sandberg, Facebook’s chief operating officer, ranked 66th. Nikki Finke, founder of Deadline Hollywood Daily, placed 79th while Martha Stewart was 99th.