EKO Green Carbon Fund, LP

The Fund, managed by EKO Asset Management Partners (www.ekoamp.com), intends to invest primarily in the development of or the right to purchase carbon offsets (“Opportunities”). In making such investments, the Fund will seek to acquire ownership rights in Opportunities, which the Fund may then sell. Potential purchasers of the Opportunities include greenhouse gas (“GHG”) emitters that need offsets in order to comply with state, regional and federal regulatory programs that place a cap on GHG emissions as well as banks, brokers and other parties seeking to purchase carbon offsets. In certain circumstances, the Fund may distribute Opportunities directly to investors in the Fund. The Fund’s investments will likely take the following forms: 1) The Fund may enter into agreements with landowners and project developers to invest capital to develop projects. In these transactions, the Fund will effectively take an equity stake in the project and earn a return from the sale of carbon offsets generated by the project over time. 2) The Fund may enter into two types of option transactions. The first type is an option payment to a landowner for the right to work with them to develop the carbon offset potential on their land. The second type of option is a simple option to purchase carbon offsets from a project or landowner. 3) The Fund may enter into simple forward transactions with landowners and project developers to purchase carbon offsets over a set period of time in the future.

Financial description

Assuming the Offering is fully subscribed, the General Partner’s goal is to make 8-10 investments in Opportunities during the 24 months following the Fund’s Initial Closing; however, there is no maximum or minimum limit on the number of Opportunities in which the Fund may invest. Accordingly, the Fund’s investments may be concentrated in a small number of Opportunities, depending on the General Partner’s success in finding acceptable Opportunities for the Fund to invest; provided, however, that the Fund will not invest more than the greater of (i) $2,000,000 or (ii) 20% of the Total Capital Commitment (defined in the PPM) in any single Opportunity without the prior approval of a majority of the members of the Fund’s Advisory Committee (defined in the PPM). The General Partner will seek to minimize the number of concentrated positions over the life of the Fund.
While the Fund may invest in any location, the Fund will generally attempt to identify opportunities within the United States and its territories.