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Althelia Sustainable Ocean Fund
Luxembourg
Last updated 6 January 2022, by Impactyield.
Fund geography
The Sustainable Ocean Fund is dedicated to creating, accelerating, and executing sustainable seafood, circular economy and conservation projects globally.
Asset class
Fund status
Fund style
Financial description
n.a.
6 years
of track record
2018
the year funded
100,000,000 USD
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
Mirova Natural Capital
Headquarters location: Luxembourg
Other funds managed by this asset manager: Land Degradation Neutrality FundAlthelia Madagascar Sustainable Landscapes FundNature Conservation NotesAlthelia Climate Fund 1
SDG goals
SDG targets
Equal rights to ownership basic services technology and economic resources
Encourage companies to adopt sustainable practices and sustainability reporting
Universal access to safe and nutritious food
Sustainable food production and resilient agricultural practices
Universal access to modern energy
Increase global percentage of renewable energy
Expand and upgrade energy services for developing countries
Full employment and decent work with equal pay
Key performance indicators
Fund overview
Asset manager: Mirova Natural Capital
Product track record: Fund has 6 years of track record
Target IRR: 12%
Committed Capital: 0 USD (US Dollar)
Target return category: Risk-adjusted market-rate of return
Fund domicile: Luxembourg
Product status: Open - committed capital
Style/Stage: Growth Stage
Inception year: 2018
Vintage year: 2018
Target region: Global
Target close date: 01/12/2019
Product term: 8 year term
Assets under management: 100,000,000 USD (US Dollar)
Investment size: Min: 2,000,000; Max: 0; Avg: 0
Co-investment policy: LPs have priority, With LPs and non-LPs
Currency of investments: USD (US Dollar)
Currency for fund / product figures: USD (US Dollar)
Fund investments to date: 0
Fund investments to date exited or repaid: 0
Management fee: 2%
Carried interest: 20%
Hurdle rate: 5%%
GIIN Investors' Council Investment: No
Limited Partners / Investors: European Investment Bank, Axa Investment Managers, FMO, IADB, Caprock Group, KfW, BNP Paribas Cardif
Limited Partner / Investor Type: Development Finance Institution (DFI), Endowments/Foundations, Family Office, Pension Funds, Other Institutional Investors
Contact
E-mail: n.a.
Website: https://althelia.com/our-investments/sustainable-ocean-fund/
Phone number: +44 20 7229 9551
If you wish to have your details removed from this database please email gdpr@impactyield.com
David Barley
Investment Director
Simon Dent
Director
Impact Performance
n.a.
Impact thesis
Impact Management
n.a.
Financial benchmark
Term Description:
Keywords
Bottom/Base of the PyramidCommunity Investing/LocalFair TradeLaborOcean MarineRuralWomen