A worldwide organisation for women working for hedge funds is aiming to set up a Bermuda branch.

The Bermuda Business Development Association (BDA) said that the New York-based 100 Women in Hedge Funds (100WHF) chief executive officer Amanda Pullinger had visited Bermuda last month and met Premier Michael Dunkley and Island-based professional women at a special dinner to discuss creating an Island branch of the non-profit organisation.

BDA chairman Caroline Foulger said: “This is a very powerful global organisation for senior women in leadership roles in financial services and the planned launch of a Bermuda location will provide unparalleled opportunities for women here on the Island through 100 Women in Hedge Funds will be of huge benefit to Bermuda’s business sector — and our broader community.”

The organisation, founded in 2001, now has more that 13,000 members in areas like alternative investment, asset management and other sectors of the financial services industry.

It has hosted nearly 500 industry education events around the world and raised $36 million for charitable causes.

Ms Pullinger said: “I believe the global 100WHF network will provide some interesting opportunities and connections for professional women in Bermuda across the various industries located on the Island — for peer interactions, unique educational programming and giving back to the community through our philanthropic initiatives.

For more information about 100WHF in Bermuda, contact Alison Morrison on 505-5036 or at alison.morrison@oysterllc.com.