Wilshire launches Hypatia Women Hedge Fund Index
Wilshire has launched a new Powered by Wilshire index, the Hypatia Women Hedge Fund Index. Created and owned by Hypatia Capital, calculated and maintained by Wilshire, the index is designed to measure performance of women managed hedge funds that meet certain criteria, selected from a universe of hedge funds compiled by Hypatia Capital Management LLC, sourced from publicly available information, industry associations and industry contacts.
The Hypatia Women Hedge Fund Index eligible universe focuses on a limited set of criteria, including a minimum USD100 million in assets under management and a rules-based operational due diligence filter. The aim is to periodically add constituents to encompass all qualifying funds.
“Wilshire proudly supports the creation of an index of hedge funds managed by women that combines our construction and calculation expertise with Hypatia Capital’s rules-based approach to measuring performance in an area of increasing interest in the industry,” says Jason Schwarz, president and chief operating officer of Wilshire. “We remain committed to a powered by Wilshire approach that helps clients bring new, innovative and in this case, high social impact index strategies to market quickly.”
“Investors are increasingly interested in the research that highlights the outperformance of female asset managers in several asset classes. We are excited to launch the Hypatia Women Hedge Fund Index to continue sponsorship of women in leadership and highlight successful women hedge fund managers,” says Patricia Lizarraga, founder and managing partner of Hypatia Capital.