The CSSF has authorised the launch of the first women-owned fund in Luxembourg, a landmark project leveraging the growing female investor community.
Created by Swedish real estate investor Lovisa Löwenborg, the Female Fund brand aims to increase female capital in the market, encourage ownership in various forms and boost investment in female-led initiatives.
“In this way, we become participants in driving the development towards a sustainable and more diversified climate in the real estate industry and the financial world in general. It’s not enough to just talk about changing the fact that venture capital reaches only 1% of women. We must ensure that it happens too,” Löwenborg said in a press statement.
With over €4.5 TR in net assets under management in regulated funds and serving as a distribution centre for funds in 70 countries, the 36-year-old chose Luxembourg for its global reach and know-how.
“Women are interested in making money while changing the world, and you can be sure that you will be able to make that happen if you invest in this fund.”
Lovisa Löwenborg, Founder of the Female Fund Real Estate
As an entrepreneur since the age of 18, Löwenborg made her first real estate investments when she was 20. In her native Sweden, she became a household name in the women-centric investment community when in 2018 she co-founded the WIRE INVEST. She told Silicon Luxembourg in an interview earlier in 2023: “I saw that there was a tipping point to invite women. Because in the beginning, we weren’t many.”
The peer-to-peer learning platform evolved into an investment company with a crowd investment structure for female investors. Today the Wire community counts over 600 women active in the structure, which has completed over 21 real estate investments.
The Female Fund takes the next logical step for her efforts, only now with a global market focus. During the autumn, the fund expects to raise €10 million euros from worldwide female investors to start investing at the beginning of 2024. The investments will primarily focus on the Scandinavian market but also include listed and unlisted stocks.
The fund has a strong ESG (Environmental, Social, and Governance) focus, deemed as Article 8 on the ESG scale as per the Sustainable Finance Disclosure Regulation (SFDR), a European regulation introduced to improve transparency in the market for sustainable investment.
“Women are interested in making money while changing the world, and you can be sure that you will be able to make that happen if you invest in this fund,” says Löwenborg.
