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The W project

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THE FIRST

GLOBAL SME LENDING

FUND FOR WOMEN

Possessing valuable skills and education, women are crucial to the economy of the EU and globally, as they contribute significantly to the labour force and increasingly engage in entrepreneurship.

Significant efforts have been undertaken in the asset management industry regarding climate change; however, relatively little has been done to increase financing for women-owned SMEs
Despite being a critical part of a healthy functioning society, women-led SMEs face substantial hurdles in access to the availability of funding.

Thanks to the use of our proprietary technology platform, Fasanara can specifically cherry-pick loans to women-owned SMEs or SMEs with significant representation of women in the ownership/control structure.

Fasanara is well positioned to use its network of fintech lending platforms to achieve scale and impact.

Fasanara is in the process of launching a strategy dedicated to empowering women through finance by getting working capital into the hands of SMEs.

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Women
are essential for a
healthy society

With a score of 68.6 out of 100 on the Gender Equality Index, the European Union still has a long way to go to achieve gender equality. Since 2010, the EU's score has increased by 5.5 points, and since 2019, it has increased by 0.6 points. Progress in gender equality is largely driven by the domain of power, which, conversely, exhibits the greatest gender inequalities in the EU. Without improvements in this domain, the EU Index score would have declined due to the negative impact of the COVID-19 pandemic on gender equality.

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1. Labour Force Participation

  • Women form a significant portion of the labour force in Europe

  • The employment rate for women aged 20-64 in the EU was 68%, compared to 79% for men (Eurostat, 2020)

  • 47% of women aged 25-34 had completed tertiary education vs 36% of men (Eurostat, 2021)

2. Economic Impact

  • Women's economic contribution in Europe is significant

  • Achieving gender parity in employment across all EU countries could add €3.15 trillion to GDP by 2030 (McKinsey & Company, 2020)

  • Women in the EU-27 spent twice as much time as men on unpaid care and household work, which isn’t factored into GDP (European Institute for Gender Equality, 2020)

3. Entrepreneurship

  • The proportion of women who are self-employed or business owners in the European Union increased from 10.8% in 2007 to 12.8% in 2020 (European Commission, 2020)

  • Women-led enterprises accounted for 36% of all enterprises in the EU (European Commission, 2020)

  • Women-led enterprises generated 13.3 million jobs in the EU in 2019 (European Commission, 2020)

Women-led business on average receive less than half the funding that male-led businesses receive.

- Boston Consulting Group

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Gender Diversity in Leadership

A net positive for all

01

Gender diversity in leadership positions is important for the economy as it brings assorted perspectives and decision-making styles.

02

However, women continue to be underrepresented in leadership roles in Europe.

03

The representation of women in corporate boards in Europe has been gradually increasing, but progress remains slow.

04

As of 2021, the average share of women on corporate boards in the EU countries was 33.3% (European Institute for Gender Equality's Gender Equality Index, 2021).

Percentage of firms with majority female ownership

30%

25%

20%

15%

10%

5%

0%

Global

East Asia & Pacific

Europe & Central Asia

Latin America & Caribbean

Middle East & North Africa

South Asia

Sub-Saharan Africa

FASANARA TEAM WOMEN 

We are a diverse and global community of independent thinkers and innovators. We are not afraid to challenge the status quo and question conventional wisdom. We are willing to take risks, experiment and iterate until we find the best solutions.

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TRACK RECORD

Founded in 2011, Fasanara Capital is a London-headquartered FCA-authorised investment firm and technology platform.


We manage c. USD 4 billion in Fintech strategies with over 200 people working together, we are a pioneer investor in Fintech Lending through our liquid Alternative Credit funds, enabling Real Economy Impact.


Powered by our technology platform with several fintech lenders fully integrated from over 60 countries, we are the largest and longest standing Fintech Lending fund in Europe.

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$4bln

Asset Under Managment

2011

Year Founded

200+

Team Memebers

$70 bln

Cumulative Trading Volume*

141

Originators

Fasanara is well positioned to use its network of fintech lending platforms to achieve scale and impact.

*Lending turnover refers to the total amount of capital combined deployed by the funds managed by Fasanara Capital to SMEs globally since 2016. This includes the total value of loans originated, disbursed, and repaid since inception. It is not a measure of AUM.

New

Advisory Board Member

ANITA BHATIA

Chairperson of the WFund Investment Committee

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Most recently, Ms. Bhatia served as the United Nations’ Assistant Secretary-General and Deputy Executive Director for UN Women, the flagship entity in the United Nations system charged with advancing gender equality and women’s empowerment globally. In that role, she led external stakeholder relations with both public and private sector partners, fundraising, communications, strategy planning, as well as finance and HR. In this role, she led the organisation’s fundraising efforts successfully securing a significant increase and diversification of the organisation’s funding base.

She also led the development of new strategic alliances with international financial institutions, impact investors, corporates, and others. She has been a leading advocate for a stronger focus on gender-lens investing and was instrumental in the publication of globally recognised standards for gender bonds through the publication “Bonds to Bridge the Gender Gap: A Practitioner’s Guide to Using Sustainable Debt for Gender Equality” in partnership with IFC and the International Capital Markets Association.

Ms. Bhatia has served as a member of the Board of Governors of the United Nations System Staff College and currently serves on the Board of the United Nations Sanitation and Hygiene Fund (SHF) and as a Commissioner in the Lancet Commission on Gender-based Violence and Maltreatment of Young People.

Prior to UN Women, Ms. Bhatia had a distinguished career spanning 30+ years in the World Bank Group, including the International Finance Corporation (IFC), the World Bank and the Multilateral Investment Guarantee Agency (MIGA) serving in different leadership and management positions. She served as the Director for Development Partner Relations at the World Bank, Director of Partnerships and Advisory Services Operations at the IFC and Head of IFC’s Latin America Advisory.

KEY FEATURES

Exceed the Target

The WFund proposes to meet this target for >40% female NEDs and exceed it for >33% female directors, in the target population of SMEs.

Innovative KPI

If KPIs are met Fasanara is paid both management and performance fees. If KPIs are not met, Fasanara is paid half of management and performance fees.

Investment Committee

The entirety of the Fund’s investment committee will be made up of women (consisting of senior women from Fasanara and other credible carefully vetted senior women).

Data Science Acceleration

Once all individual portfolio positions are evaluated, the score is calculated by the weighted average of the KPI scores of individual positions. 

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40 New Bond Street
London W1S 2RX

investors@fasanara.com

All rights reserved © Fasanara Capital Ltd 2024

Fasanara Capital is a leading institutional asset manager and a fintech investing pioneer

40 New Bond Street
London W1S 2RX
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