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.

Kranenburg Fund

United States of America

Last updated 13 May 2020, by Impactyield.

Edit this fund

The Kranenburg Fund invests in innovative privately-held and public companies in North America and Europe. We target long-term appreciation while maintaining the clear strategic objective of achieving above average risk-adjusted absolute rates of return.



Financial description

The Fund invests in concentrated equity positions of privately-held and public growth companies, and in senior debt of growth and middle-market companies.
Our carefully-selected portfolio companies are fundamentally undervalued and are poised to capitalize on substantial growth opportunities to become market-leading ventures in their industry sectors; they are companies with a unique and compelling business model. The Fund's portfolio companies range from entrepreneurial enterprises working to reach the next critical milestone to mature companies.
Our senior-level team - pulled from the financial, high-tech, environmental, biotech, and scientific sectors - applies its operational, technical, and investment expertise to evaluate opportunities for the Fund and often assists the portfolio companies with strategic decisions and/or funding options.

20 years

of track record

2004

the year funded

50,000,000 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.

SDG goals

SDG targets

Encourage companies to adopt sustainable practices and sustainability reporting

Improve water quality, wastewater treatment and safe reuse

Expand and upgrade energy services for developing countries

Key performance indicators

Fund overview

Asset manager: Phil Kranenburg/Kranenburg Financial Group

Product track record: Fund has 20 years of track record

Target IRR: 15%

Committed Capital: 2,500,000 USD (US Dollar)

Target return category: Risk-adjusted market-rate of return

Fund domicile:

Product status:

Style/Stage: , , , , , , , ,

Inception year: 2004

Vintage year: 2004

Target region: , ,

Target close date: n.a.

Product term: 5 years

Assets under management: 50,000,000 USD (US Dollar)

Investment size: Min: 500,000; Max: 1,000,000; Avg: 650,000

Co-investment policy:

Currency of investments:

Currency for fund / product figures:

Fund investments to date: 12

Fund investments to date exited or repaid: 8

Management fee: 2.5%

Carried interest: 20%

Hurdle rate: n.a.

GIIN Investors' Council Investment: No

Limited Partners / Investors: n.a.

Limited Partner / Investor Type: Endowments/Foundations, Family Office, Pension Funds, Other Institutional Investors, Retail Investors

Contact

E-mail: christina@kranenburgfinancialgroup.com

Website: http://www.kranenburgfinancialgroup.com

Phone number: 415-479-3863

If you wish to have your details removed from this database please email gdpr@impactyield.com


Philip Kranenburg

Managing Director

Sheridan Sperry

Executive Assistant

Impact Performance

n.a.

Impact thesis

The Kranenburg Fund is an investment fund that identifies and supports innovative and values-driven businesses and entities. Through our dedication to investors and our collaboration with colleagues and portfolio companies, we seek to fundamentally improve the lives of individuals and communities.
Investments are screened for social and environmental benefits. The Fund promotes energy efficiency and alternative energy though investments in the various forms of alternative energy, such as solar thermal, geothermal, fuel cell, co-generation and solar-pv. Two current portfolio companies include: (1) Pax Water which improves water quality by mixing municipal water without the need for chemicals; and, (2) Terracycle. As Chairman of Terracycle’s Board of Directors, I directed the company to improve sustainability objectives by expanding from a plant food product line to upcycling of multiple product lines that divert waste from landfills to reuse in the form of new products.

Impact Management

n.a.

Financial benchmark

Term Description:

Keywords