Is the SemiCovariance matrix positive definite?

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I am trying to proof whether the SemiCovariance matrix defined in equation (5) from the following paper http://web.iese.edu/jestrada/PDF/Research/Refereed/MSO.pdf is positive definite or not.

As a starting point, I was thinking about using the whole covariance matrix, which is positive definite and then split it into the SemiCovariance and the rest. But from there I am stuck.

I appreciate your help.

Best, Jc