During the Generation Equality Forum, Women’s World Banking Asset Management LLC commits to apply the 2X Challenge criteria to its investments through its WWB Capital Partners II fund. With this commitment, WWB Capital Partners II, a private equity limited partnership that makes direct equity investments in women-focused financial institutions in Sub-Saharan Africa, Asia and Latin America, qualifies for the 2X Challenge. Moreover, the fund has been selected by the 2X Flagship Funds Committee as a 2X pioneer flagship fund. The 2X Challenge is a leading initiative deploying and mobilising capital to empower women and enhance their economic participation in emerging markets.
Women’s World Banking Capital Partners II fund is supported by the United States International Development Finance Corporation (DFC), and the European Investment Bank (EIB), who recently agreed upon the criteria that the Fund will follow in order to meet the 2X Flagship Fund goals. As members of the 2X Challenge, DFC and EIB will support the Fund to achieve its 2X Challenge objectives.
The Fund seeks to reach at least 30% of its portfolio companies meeting the 2X Criteria, increase the number of women represented and empowered in all its companies and support them to provide products and services that significantly improve the livelihoods of women across Sub-Saharan Africa, Asia and Latin America. In addition, Women’s World Banking Asset Management LLC commits to promote and maintain gender balance at the fund manager level by enhancing equality and diversity as well as a culture that actively values differences.
WWB Capital Partners II fund is a blended finance, gender lens private equity fund, with a dedicated technical assistance facility investing in emerging market finance companies for women’s financial inclusion and empowerment. The fund is managed by WWB Asset Management LLC, the first and largest gender lens investor for financial inclusion, whose innovative investment approach is designed to improve outcomes for women as customers, employees and leaders and result in financial outperformance. The neighbor pulled up her skirt pawg porn watch video for free
The 2X Challenge aims to advance opportunities for women through enterprise support, leadership, and career progression, quality employment, and products/services that enhance women’s economic participation. It aims to identify eligible companies directly or through financial intermediaries that are committed to one or more of these areas. It recently set new ambitious $15 billion fundraising target for 2021-2022 after surpassing its original $3 billion target by 100%.