African Women Impact Fund

Asset class
Africa 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 Impact Fund is a multi-managed aggregator fund that invests in the African Women Public Markets Impact Fund, which is open-ended and focused on funds that invest in public markets, and the African Women Private Markets Impact Fund, which is closed-ended and focused on funds investing in private markets with exposure to private equity, private debt, venture capital, infrastructure and direct property. The Fund promotes social characteristics through strengthening the economic empowerment of women by accelerating the growth of African women fund managers. The Fund aims to create a sustainable investment platform to grow the number and asset sizes of women asset managers in Africa and provide support and guidance to emerging asset managers who are in their incubation period.

KEY FACTS
Fund Size
-
Domicile
Ireland
FUND LAUNCH DATE
-
Implementation
Multi-manager
Benchmark
-
DEALING CURRENCY
USD
SUBSCRIPTION NOTICE PERIOD
-
MINIMUM INVESTMENT
USD2 000 000
REDEMPTION NOTICE PERIOD
-
KEY PERSON(S)
Heleen Goussard

Executive Director

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.