Clean Growth Fund IV
United States of America
Last updated 8 January 2022, by Impactyield.
Fund geography
Clean Growth Fund IV invests in cleantech and energy efficiency including energy storage, water efficiency, recycled materials, organic food, and sustainable forestry in North America, Europe and Asia.
Asset class
Energy, Fund of Funds, Infrastructure, Private Equity / Venture Capital, Real Assets
Fund status
Fund style
Financial description
n.a.
7 years
of track record
2016
the year funded
100,000,000 USD
AUM
Asset manager
North Sky Capital
Headquarters location: United States of America
Other funds managed by this asset manager: North Sky Direct Fd IV LpAlliance Fund II, LPCleanTech Alliance FundClean Growth Fund III, LP
SDG goals
SDG targets
Substantially reduce waste generation
Encourage companies to adopt sustainable practices and sustainability reporting
Sustainable food production and resilient agricultural practices
Increase global percentage of renewable energy
Double the improvement in energy efficiency
Expand and upgrade energy services for developing countries
Key performance indicators
Fund overview
Asset manager: North Sky Capital
Product track record: Fund has 7 years of track record
Target IRR: 18%
Committed Capital: 50,000,000 USD (US Dollar)
Target return category: Risk-adjusted market-rate of return
Fund domicile: United States of America
Product status: Closed - still investing
Style/Stage: Secondary
Inception year: 2016
Vintage year: 2016
Target region: Asia, Emerging countries, Western Asia
Target close date: 01/04/2017
Product term: 8 year term
Assets under management: 100,000,000 USD (US Dollar)
Investment size: Min: 0; Max: 0; Avg: 0
Co-investment policy: Only with LPs
Currency of investments: USD (US Dollar)
Currency for fund / product figures: USD (US Dollar)
Fund investments to date: 2
Fund investments to date exited or repaid: 0
Management fee: 1%
Carried interest: 10%
Hurdle rate: 6.0%
GIIN Investors' Council Investment: No
Limited Partners / Investors: n.a.
Limited Partner / Investor Type: Endowments/Foundations, Family Office, Pension Funds, Other Institutional Investors
Contact
E-mail: n.a.
Website: http://www.northskycapital.com
Phone number: (612) 435-7150
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Impact Performance
n.a.
Impact thesis
Impact Management
n.a.