Wall Street is still a bastion of male managers — for instance, women lead just 49 hedge funds, according to Hedge Fund Research.

Yet Maggie Arvedlund managed to compete with aplomb, quickly reaching the rank of managing director at Fortress Investment Group, where she was responsible for over $500 million of private equity and direct investments with the firm's Partners Fund.

That private equity experience led her to her new role: being in charge of debt and equity securities investment firm in New York, Turning Rock Partners, which she founded.

"I am honored to be included in this year's awards and grateful to be recognized among other highly impressive women," Arvedlund says.

"Strong mentors helped me all along the way, and I was fortunate to spend time at world-class firms."

Arvedlund says that Turning Rock is focused on the alternative asset markets, acquiring dislocated cash-flowing assets. The young firm is now growing, she adds.

"We are building our staff thoughtfully and seek to attract and to retain the highest quality talent," she says. "We do this by placing value on independent thought, hard work and creativity. We also try and foster a collegial culture and consistently reinforce a client-centric approach."

Outside of investment management, education is a special interest of Arvedlund's. She is on the board of Summer Search, a nonprofit mentoring program for New York City high school students.

Arvedlund also retains stong ties to her alma mater, founding NYU's Stern Business School's Private Equity Advisory Board for MBA students.

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