Akeida Environmental Master Fund, LP
United States of America
Last updated 13 May 2020, by Impactyield.
Developed countries (203) / More developed regions (202) / More developed regions (North America, Asia & Oceania) (153)
Akeida Capital Management is an environmental asset management firm that provides hard asset backed lending to late stage renewable energy infrastructure projects in North America. Akeida invests in projects that have secured long term power purchase agreements with creditworthy counterparties and structures mezzanine style notes for proejcts that will obtain positive cash flow within 12-24 months.
Agriculture & Timberland, Energy, Infrastructure, Real Assets
Akeida seeks to generate attractive risk adjusted returns for our investors by investing in late stage renewable energy projects that have secured essential contracts. We target returns of 20%+.
of track record
the year funded
Key performance indicators
Asset manager: Akeida Capital Management
Product track record: Fund has 15 years of track record
Target IRR: 20%
Committed Capital: 100,000,000 USD (US Dollar)
Target return category: Risk-adjusted market-rate of return
Fund domicile: United States of America
Product status: Open - post first close
Inception year: 2008
Vintage year: 2008
Target region: Developed countries, More developed regions, More developed regions (North America, Asia & Oceania)
Target close date: n.a.
Product term: 2 Years
Assets under management: 100,000,000 USD (US Dollar)
Investment size: Min: 5,000,000; Max: 30,000,000; Avg: 15,000,000
Co-investment policy: Only with LPs
Currency of investments: USD (US Dollar)
Currency for fund / product figures: USD (US Dollar)
Fund investments to date: 4
Fund investments to date exited or repaid: 3
Management fee: 2%
Carried interest: n.a.
Hurdle rate: n.a.
GIIN Investors' Council Investment: No
Limited Partners / Investors: Portfolio Managers, Harvey Abrahams and David Kandolha have invested a substantial portion of their wealth in the fund. Approximately 35 additional investors, identity cannot be disclosed.
Limited Partner / Investor Type: Family Office, Pension Funds
E-mail: Harvey@akeidacapital.com David@akeidacapital.com Mharary@akeidacapital.com
Phone number: 212-7027184
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Akeida Capital Management is dedicated to improving the environment and communities through our investments while earning substantial returns for our investors. Our investments generate sustainable energy, create jobs in rural economies, benefit forest health and improve air quality. As part of our commitment to corporate social responsibility, we support several organizations that work to enrich our local community.
Akeida Environmental Master Fund primarily uses two strategies to generate returns for its Partners: (i) investing in projects which generate emission reduction credits, renewable energy or increase energy efficiency and (ii) trading a portfolio of diversified environmental and renewable energy assets in the global environmental markets. Concern for the environment creates opportunities to invest, create and monetize environmental assets, to reduce compliance costs for entities that are required to comply with the various environmental regulations, to improve energy efficiency and to generate renewable energy.