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With women poised to inherit an estimated $30 trillion from the baby-boomer generation in the next five years—and to control approximately 75 percent of discretionary funding worldwide—the potential for transformative change is immense. Directing even a small share of this wealth toward women entrepreneurs and other underrepresented founders could reshape the financial services landscape for the long term. A Milken. Institute report published in partnership with Recast Capital, The Missing Billions: Analyzing the Impact of Women-Led Financial Managers, examines how women-led venture fund managers deploy capital—and the outsized impact their investments create. The report identifies persistent barriers facing confronting these managers and offers concrete recommendations to unlock significantly more capital for them. Panel members will explore the report’s core findings, outline next steps, and discuss implications for future program design and industry action.