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  "documentTitle": "VC Human Capital Survey",
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      "text": "Hispanics comprised a higher proportion of the workforce in small firms (10%) than at mid-size firms (6%) and large firms (7%).\nFirms in the West (7%) had somewhat higher levels of Hispanic representation than those in the Northeast, Midwest, or South (all 5%).\nFirms with an investment focus on technology (8%) and generalists (7%) had a more significant percentage of Hispanic employees than did firms focused on life sciences (5%).",
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      "text": "Workforce overall\nHispanics/Latinos comprise 18% of the US labor force. In comparison, firms said that 7% of the overall VC workforce was Hispanic, the same percentage as in 2020. The representation of Hispanics in the VC workforce varied across firms of different sizes, regions, and investment focus.",
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      "text": "Investment professionals\nHispanic employees comprised 6% of investment professional positions (94 employees in the survey sample), compared to 4% (63 employees) in 2020 and 5% (34 employees) in 2018. Hispanic female employees were 2% of investment professionals in 2022, slightly increasing from 1% in both 2020 and 2018. Small firms (10%) reported higher Hispanic representation among their investment professionals than did mid-size (6%) or large firms (7%). Hispanic employees (36%) were less likely to work in investment positions than were non-Hispanic employees (47%). Regarding junior-level investment professionals, Hispanic employees accounted for 6% of these positions (38 employees in the survey sample), an increase from 4% in both 2020 (18 employees) and 2018 (10 employees).",
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