Invest Differently The Women Effect Luxembourg | 9 May 2016 ABOUT - PowerPoint PPT Presentation

Invest Differently – The Women Effect Luxembourg | 9 May 2016

ABOUT ME INVESTOR • Past Tech Entrepreneur • Individual Philanthropist / Impact Investor • Women Effect • Confluence Philanthropy • Women Donors Network (WDN) • Ariadne Network PHILANTHROPIS • EVPA Gender Lens Working Group T • Clearly Social Angels • Toniic / 100% Impact • SPRING Accelerator ADVISER/ • Criterion Institute STRATEGIS CATALYST T

SOME “LENSES” OF “GENDER LENS” INVESTING… WORKING TO DISMANTLE STRUCTURAL GENDER INEQUALITY DEMONSTRATIN G GENDER ADDRESSING EQUALITY/ URGENT HUMAN PARITY RIGHTS OR SOCIAL JUSTICE ISSUES OFFERING RUN BY WOMEN PRODUCTS & ENTREPRENEURS SERVICES POSITIVELY IMPACTING WOMEN & GIRLS

Public AND Private Equity Equities, Opportunity to achieve impact by seeing Public debt gender as a factor of analysis across all asset classes Angel Investors Venture Capital Community Microfinance Investments

INTRODUCING WOMEN EFFECT Investing in women and girls leads to positive CONNECT returns for investors and better social and economic outcomes for everyone. Valuing women and girls when deploying or managing capital is called the women effect. A growing number of COLLABORATE investors with diverse cultural, geographic and investment perspectives have come to realise the women effect. LEARN WOMENEFFECT.COM

A dedicated GLOBAL network for investors from all asset classes which makes it easier to invest in women and girls in a strategic way COLLABORATING Help investors articulate their principles and areas of focus, get input on new vehicles, and FACILITATING move forward on LEARNING investment R&D projects of shared Sharing learning to CONNECTING interest build each other’s capacity to increase Connecting co- impact investors, co-funders, expertise, and deal flow

Body Level One Body Level Two Body Level Three Body Level Four Body Level Five

• Public companies with a higher proportion of women leaders enjoy 46% higher ROE and 51% EBIT margin (McKinsey and • Women led private Company) tech companies see 35% more in ROI and and 12% increases in revenue with 33% less capital (Kauffman • Foundation) Companies with greater board diversity display excess stock market returns when adjusted for sector bias. They exhibit higher returns on equity, higher valuations & higher payout ratio. (Credit Suisse)

POSITIVE POTENTIAL FOR WOMEN EFFECT Increases in girls education results in 70% of world’s poor With every increase a decrease in both of 10% in girls going are women (Global human and fiscal to school, a country’s Poverty Project) yet a costs associated individual GDP rises billion women are with challenges by 3% (Global poised to enter the such as domestic Poverty Project) work force (Strategy) violence and HIV (BasicEd) Achieving gender Gender gaps in equality could add labour forces 12 trillion to the decrease GDP for world GDP both rich and poor ( McKinsey ) countries Potential for positive (Goldman Sachs) returns for investors

UPGRADING INVESTMENT APPROACH, DUE DILIGENCE, and Governance, Customers MANAGEMENT OF INVESTMENTS, Leadership Customers and and Context WITH A GENDER LENS Context And Management Establish Criteria Search Product Design Screen Supply Chain and Select and Distribution Chain Diligence Development, Questions Products/Servic Structure Negotiate es Govern Report Policies and Procedures, Marketing Labor

You might look at: Number of women in … Patterns of compensation… Non traditional gendered roles… Upward mobility and/or retention rates… Customer data … But it will vary by: GEOGRAPH CONTEXT SECTOR Y

DFI’s ADVISORY COMMUNITY PUBLIC SECTOR FOUNDATIONS Who should have a seat at the table in investing with a BANKS gender lens? NS PHILANTHROPIST S INDIVIDUAL INVESTORS WOMEN’S FUNDS NGOS

Wider spectrum of asset classes and capital needs for different kinds of businesses and organisations that can take different kinds of capital with a gender lens. Type of Finance Sources of Finance Microfinance/Inclusive Finance Funds, MFIs (and their investors) Larger Loans/Quasi Equity for Banks, Peer to Peer Lending, Angels, “Normal” Growth Foundations/Trusts, Funds Companies/Enterprises/Social Purpose Orgs Seed Capital for Ambitious SGBs Foundations, Angels, Incubator/Accelerator (Grants, debt, equity, quasi MicroVC Funds, Corporates, Crowdfunding equity) Scale up and venture capital for ambitious SGBs Seed capital for ambitious SGBs Scale Up Capital for Ambitious Foundations, Family Offices, Angels, VCs, Other SGBs (Equity, debt) Funds, Corporates, DFIs Growth, Mezzanine, PE and VC, PE, Banks, DFIs, Family Offices, Corporates, Public Equity Capital for Holding Companies, Public Markets, Pension Growth/Mature Businesses Funds

STRATEGIES - PUBLIC EQUITIES (in development) Parity Portfolio Gender Lens Investing Strategy SHE (new ETF) Women in Leadership Exchange Traded Notes

FACTORS OF ANALYSIS - PUBLIC EQUITIES WOMEN ON PARENTAL / BOARDS / BOARD FLEXIBLE PAY GAP DIVERSITY/ WORK SENIOR POLICIES MANAGEMENT HUMAN RIGHTS SEXUAL ORIENTATION / IMPACT DISCRIMINATION ASSESSMENTS / SUPPLY CHAIN

“Curated” Layered/Inte Angel Holding Offerings and grated Company Crowdfundin Angel Capital Structures g Sites Syndicates Funds Collaborative “Angel” Funds (like Rising Tide!) New Types of VCs New Types of Players/Vehicles Developmen t Impact Bonds & A Wider Universe of Social Possibilities Impact Peer to Bonds Peer Lending Matching MicroVC Funds & Funds Sector- Incubator/Acc Specific elerator Community Funds Investment Funds

GLOBAL NORTH & GLOBAL SOUTH CONTEXTS & GENDER LENS INVESTING How do we source deal-flow with a positive women effect? How do we find investment offerings with a positive women effect? How do we mobilise capital with a positive women effect? What else is needed beyond financial capital? How do we know what is strategic, impactful ?

EXAMPLES OF FUNDS THAT USE A GENDER LENS MERIAN VENTURES

PHILANTHROPIC STRATEGIES • To get them through R&D, pilot stage • To fund their impact measurement work Grants to social • To fund their participation with incubators/accelerators/advisers enterprises/ch • To fund their participation in conferences, events, training on capital raisin arities/impact businesses • Incubators/accelerators • Research • Advisory work for orgs you want to help • Research on sourcing ventures to invest in Grants to • Fund a competition, awards intermediaries Grants to Grants to gender lens organisatio investing ns that then market invest on formation

Accelerators and Incubators … like this one…

ASK YOURSELF: What role do you want to play in helping to move capital with a gender lens, or a much broader set of gender lenses? How can you move your private / institutional funds or even corporate venture capital? What is the role you can play? Where can your philanthropy/grants play a role? Where can public sector capital / development finance play a role?

Suzanne Biegel womeneffect.com Luxembourg | 9 May 2016