Number of realized Fund Investments in Female Founded Enterprises

H-52

DEFINITION:

Number of realized fund investments in enterprises in which there is an active female founder(s). Female founder(s) must retain an active role in the organization as of the end of the reporting period.  An active role may include acting in an advisory capacity for key decisions and does not necessarily require a full-time role at the organization.

GUIDANCE:

This is indicator is a subset of the Number of realized Fund Investments. It measures the number of female founded companies the fund had invested in but has realized. Refer to Number of Realized Fund Investments for further methodological guidance. The methodology it follows is the same.

This indicator reflects the number of realized investments a fund has at the end of the reporting period. These should be counted as unique investee companies, not as the number of tranches. Each investee, irrespective of the number or volume of investments should be counted as a single investment. Even if a combination of debt and equity is provided, a single counterpart should be counted once.

Note:

  • To ensure female ownership is retained and not crowded out through the investment the female founder(s) must have retained and active role still in the organization throughout the investment. An active role may include acting in an advisory capacity for key decisions and does not necessarily require a full-time role at the organization
  • Practitioners may refer to specific gender benchmarks and application guidance as needed, such as those specified by the 2X Challenge (2xchallenge.org).

Applicability: Fund investment where possible and relevant, not intermediated finance.

Related indicators: This indicator is a subset of the parent indicator Number of realized Fund Investments. It is expressed in number of investments not amount unlike Amount of realized Fund Investments in Female Founded Enterprises. It measures the number of realized investments, not active ones (this is covered under Number of active Fund Investments in Female Founded Enterprises).

Unit: #investments