DEG has invested USD 20 million in the Global Gender-Smart Fund to enhance its capacity for advancing gender equality and mobilizing private capital for women-led businesses in emerging markets.

Target Information

The Global Gender-Smart Fund (GGSF) is recognized as the world's largest investment initiative dedicated to enhancing gender equality through financial inclusivity. Established in early 2024, the fund has successfully mobilized over USD 450 million, distributing it across more than 70 financial institutions in nearly 30 countries. This impressive portfolio is managed by experienced portfolio managers, including Incofin, responsAbility, and Triple Jump, with Innpact Fund Management overseeing global coordination efforts.

GGSF not only allocates capital but also emphasizes institutional transformation by requiring each investee to create a customized gender action plan following a comprehensive gender assessment. Additionally, support from technical partners like NIRAS A/S and Women’s World Banking fortifies the fund’s capacity to promote sustainable advancements in gender equity, thereby creating a lasting impact on women and women-led businesses in emerging markets.

Industry Overview

The financial landscape for gender-focused investments has gained substantial momentum, especially in emerging markets. Gender-smart investing is gradually being recognized as a crucial factor in fostering economic devel