case studyPax Ellevate Global Women's Leadership Fund

Case link: https://www.coursehero.com/file/66646594/W6pdf/

Please answer the following Questions after reading the case:

1. Why did Pax Word Funds create the Pax Ellevate gender lens investment fund? What are the objectives of the fund in doing so? For eg. Is their motivation social (gender diversity), financial or both?

2. How did Pax go about creating Pax Ellevate? What were the key considerations and challenges it faced?

3. Can investors effect social change, and contribute to a more gender diverse workforce through their capital allocations? Is there evidence this has occurred to date? Or is gender lens investing just a fad?