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Hong Kong fund raises $16 million to back women business leaders in Asia

Women Rising

For all the talk about diversity, the number of women in leadership positions in Asia is actually falling, from 25 percent in 2009 to 20 percent in 2016.

Advanced Asian economies have fewer women leaders than in similar markets worldwide.

Delphinium Capital Partners has raised $16 million for a first close on Delphinium Female Leadership Fund I, which will provide growth financing for mid-size companies with strong female participation in senior executive position.

Research shows that companies with female executives generate better profits and market returns, and attract and retain diverse workforces.

Delphinium has been backed by several family offices and entrepreneurs.

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