One of the industry's highest-ranking women, Roanne Daniels, has stepped down as partner at Hellman & Friedman as the firm reports having raised more than $23 billion for its tenth fund.
Her next career move will be eyed carefully. Few women have climbed to the senior ranks of buyout shops, particularly in dealmaking and portfolio operations roles. At the same time, women are in high demand in a heavily patriarchal industry under pressure from investors to do more to advance their careers.