It was a rainy day in Charlotte, North Carolina, when a group of women gathered to discuss their roles in private equity and finance at McGuireWoods’ 17th Annual Healthcare Finance and Growth Conference.
The team at LevinPro HC sat down with Cara Reymann, CEO of First Fertility and one of the keynote speakers at the conference. The company helps patients on their fertility journey through more than 35 fertility practices and centers across the United States. With more than 20 years of executive experience in healthcare services, Reymann previously served as president of Fertilitas, a company that operates a network of fertility clinics across the country. Her keynote address at the Women in Private Equity and Finance breakfast emphasized women’s vital role in shaping the future of private equity and health care.
“Women in private equity are not just participating in the conversation; we are leading it and shaping the future of the industry,” said Reymann. “Firms led by women have demonstrated a unique ability to understand the needs of a diverse patient population, especially in sectors like fertility, where personal experiences matter.”
With a call to action, Reymann encouraged women in the industry to seize opportunities and advocate for their aspirations while fostering a culture of support and empowerment among peers. She spoke candidly about the challenges women face and the importance of self-advocacy, urging attendees to recognize their unique career journeys and to celebrate their successes, no matter how they are defined.
Key Takeaways for Women in Private Equity & Finance
Reymann’s speech highlighted several key principles for women to keep in mind as they navigate their careers:
Embracing Opportunities: “As women, we must seize opportunities as they arise. Don’t wait for the perfect moment; take the leap when you see a chance to grow, whether that’s through a new job, a leadership role or a challenging project.”
Self-Advocacy and Career Development: “It’s crucial for women to find their voices and advocate for themselves. Don’t be afraid to express your aspirations and seek opportunities. You deserve to be seen and heard in your career. When you feel stuck, take stock of your goals. I always encourage journaling as a helpful exercise; it can be a great way to reflect on your career path and understand where you want to go.”
Giving Yourself Grace: “Women often struggle with feeling like they need to excel in every area. Allow yourself to be where you are. If you have young children and career advancements aren’t happening as quickly, that’s okay. Acknowledge that it’s part of your journey.”
Confidence Through Uncertainty: “When I made my first career shift, I knew it was a risky move because I was joining a startup. You need to have confidence that you will figure things out along the way, even if you don’t have all the answers right now.”
Support and Empowerment: “We need to lift each other up. As women in leadership, it’s our responsibility to create environments where others feel comfortable sharing their challenges and seeking guidance.”
Defining Success on Your Own Terms: “Success looks different for everyone. Define what that means for you, rather than letting societal expectations dictate your path. Recognize that your career journey is unique, and that’s something to celebrate.”
Reymann ended the discussion by emphasizing that the future of private equity is bright with the contributions of women. Her insights serve as a reminder that empowered women can drive meaningful change within the industry. By embracing collaboration, fostering mentorship, and holding keynotes and women-focused events like this one, these female leaders are paving the way for future generations, ensuring that women’s voices are heard and valued in shaping the private equity and finance landscapes.