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Mergers & Acquisitions' special report celebrates femal professionals in private equity, including Watermill COO Julia Karol.

The challenges women face in achieving top-tier status in financial services are particularly acute in the middle market, where women account for approximately 14 percent of all dealmakers and account for only about 11 percent of senior private equity professionals

it is now widely acknowledged that private equity firms with a strong track record of fostering diversity and encouraging women’s participation in the industry have a competitive advantage.

“I would love to see more of us in the industry,” Karol professes, adding that “there are just so few of us.”