Published in collaboration with Wharton Social Impact Initiative and the University of Pennsylvania, Project Sage is a global scan of private equity, venture capital, and private debt funds that explicitly incorporate a gender lens in their investment strategy. Its goal is to provide a “point in time” capture of the expanding gender lens investing opportunities globally.
The first Project Sage, published in October 2017, tracked 58 vehicles deploying almost $1.3 billion in capital, almost half of which were launched that year and the majority of which were based in the US. Project Sage 2.0, published in November 2018, identified 87 total funds, along with exciting new developments in geography and theme.
Now, as we begin research on Project Sage 3.0, to be released in Spring 2020, there are more than 100 gender-lens funds, reflecting the rapid expansion of the gender-smart investing field.