African Women Private Markets Impact Fund

Asset class
Africa unlisted multi asset
Fund structure
Closed ended Irish Qualified Investor AIF
Topic
Diversity, Responsible investment, Emerging markets, Alternatives
Fund Overview

RisCura is proud to be the investment manager and provider of management development and support services to the African Women Impact Fund (AWIF). The Fund’s mandate is to invest with women-owned and managed investment firms or women-led strategies within other investment firms, covering both listed and unlisted markets.

The African Women Private Markets Impact Fund will seek to invest primarily in Underlying Funds managed by (a) African women portfolio managers, or (b) women-owned African domiciled asset management firms in order to obtain exposure to a basket of African-based, unlisted assets that provide a blended source of returns. It is a closed-ended sub-fund of Prescient Global Qualified Investor Fund ICAV (the "ICAV"), an umbrella fund with segregated liability.

KEY FACTS
Fund Size
-
Domicile
Ireland
FUND LAUNCH DATE
-
Implementation
Multi-manager
Benchmark
-
DEALING CURRENCY
USD
SUBSCRIPTION NOTICE PERIOD
-
MINIMUM INVESTMENT
USD100 000
REDEMPTION NOTICE PERIOD
-

01

Sustainable Investing
The Fund will invest all its assets substantially in collective investment schemes managed by the Investment Manager that are aligned with the objectives of the AWIF Initiative (the Underlying Funds).

02

Empowering Women
The Fund will invest in investment vehicles that are managed by African women portfolio managers, or women-owned African-domiciled asset management firms. Attracting and empowering more talented female asset managers throughout Africa leads the way for a more inclusive asset management industry.

03

Goal-oriented Investing
The Fund will make investments that contribute to the United Nations’ Sustainable Development Goals 5. (Gender Equality) and 8 (Decent Work and Economic Growth) in Africa. The Fund will also aim to fulfil the goals set out in the African Union Agenda 2063 to accelerate the growth of women-owned investment firms and women-managed funds across Africa.