Interested in this fund?
Log in or create an account to request more information.
Gain a deeper and comprehensive understanding of how this fund generates positive impact in the themes and SDGs that matter to you, with insights provided by our dedicated team of expert analysts, and receive notifications about new available impact products, exciting investment opportunities, and relevant updates in the world of impact investing.
Fund geography
Developed countries (203) / More developed regions (202) / Western Europe (43)
Green Gateway Fund makes growth-stage investments in energy and resource efficiency companies that reduce CO2 emissions, promote resource efficiency, and improve the quality of land, water or air mainly in Western Europe.
As an active investor, the Fund helps portfolio companies to sell to high-growth and high-impact emerging markets, where energy consumption per unit of GDP can be as much as four times higher than in Germany. It works with strategic partners locally to do so, using the “gateway” of Kazan for Eastern Europe, Doha for the Middle-East and Hong Kong for China.
Wermuth Asset Management GmbH is the exclusive investment advisor to the Green Gateway Fund (GGF).
Asset class
Fund status
Fund style
Financial description
The Green Gateway Fund offers both an attractive risk return profile, with expected downside protection, a target net IRR of 20-25% pa and multiples > 2x net cash-on-cash and 2.8 net of carry on committed capital for Financial LPs, as well a positive impact on the environment and sustainable development.
Up to 2x preferred return whenever a portfolio company invests in Tatarstan limits downside risk
13 years
of track record
2011
the year funded
110,000,000 EUR
AUM
Interested in this fund?
Log in or create an account to request more information.
Gain a deeper and comprehensive understanding of how this fund generates positive impact in the themes and SDGs that matter to you, with insights provided by our dedicated team of expert analysts, and receive notifications about new available impact products, exciting investment opportunities, and relevant updates in the world of impact investing.
Asset manager
Wermuth Asset Management
Headquarters location: Germany
Other funds managed by this asset manager: Green Gateway Fund 2 GmbH & Co KG (GGF2)
Impact Category
Key performance indicators
Fund overview
Asset manager: Wermuth Asset Management
Product track record: Fund has 13 years of track record
Target IRR: 20%
Committed Capital: 110,000,000 EUR (Euro)
Target return category: Risk-adjusted market-rate of return
Fund domicile: Jersey
Product status: Closed - still investing
Style/Stage: Growth Stage
Inception year: 2011
Vintage year: 2011
Target region: Developed countries, More developed regions, Western Europe
Target close date: n.a.
Product term: 10
Assets under management: 110,000,000 EUR (Euro)
Investment size: Min: 5,000,000; Max: 25,000,000; Avg: 10,000,000
Co-investment policy:
Currency of investments: EUR (Euro)
Currency for fund / product figures: EUR (Euro)
Fund investments to date: 4
Fund investments to date exited or repaid: 0
Management fee: 2.5%
Carried interest: 20%
Hurdle rate: 1.5X on committed capital%
GIIN Investors' Council Investment: No
Limited Partners / Investors: n.a.
Limited Partner / Investor Type: Development Finance Institution (DFI), Endowments/Foundations, Family Office, Pension Funds, Other Institutional Investors
Contact
E-mail: n.a.
Website: http://www.wermutham.com/strategies/private-equity/green-gateway-fund.aspx
Phone number: +49 30 27890920
If you wish to have your details removed from this database please email gdpr@impactyield.com
Impact Performance
n.a.
Impact thesis
We expect the Green gateway Fund to make a major contribution to sustainable global development by providing expansion capital to the best-in-class international energy and resource efficiency technologies. The Fund aims to have a substantial impact on the environment through the successful growth of portfolio companies; their activities are expected to reduce CO2 emissions, promote resource efficiency, and/or improve the quality of land, water or air. While the target companies will generally have a global reach, their impact might be more pronounced in Eastern Europe and other emerging markets such as China due to the inefficient structures of their economies. The Fund also has a “green growth” target, causing sustainable growth and jobs through investments in the EU and - via portfolio companies – in Republic of Tatarstan and elsewhere.
Impact Management
n.a.