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NEXO Chile Ventures I

Chile

Last updated 12 May 2020, by Impactyield.

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NEXO Chile Ventures I, LLC (the “Company”) offers a unique and compelling investment opportunity into a highly developed and growing Latin American market. The Company will make capital investments into Chilean infrastructure projects, joint ventures, and newly created Chilean companies dedicated to water treatment; water management platforms; clean technology; and/or other resource efficiency technologies (collectively, “Portfolio Companies”) through its established, wholly owned, and registered Chilean investment vehicle, NEXO Chile Ventures I (the “Fund”).

• The Company has been created to make capital contributions into the Fund to expressly leverage Chilean government 2-to-1 non-dilutive matching USD monies pursuant to Chilean government programs (see page 9 for details).

• The Fund will be managed by an investment committee (“Managers”) comprised of the same individuals who collectively form the Company’s management entity (NEXO BD, LLC) (“NEXO BD”) (see page 6 and 11 for details).

• NEXO BD will provide ongoing business development services within Chile to the Portfolio Companies through facilitating: proper management of its infrastructure projects; access to new technologies and new markets; and connection to strategic global networks.



Financial description

The fund will target investments in which leverage can be applied to maximize returns in industries with clearly defined opportunities for strategic acquisition. The fund is targeting investments with potential net returns on invested capital in excess of 20%.

7 years

of track record

2016

the year funded

20,000,000 USD

AUM

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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

SDG goals

SDG targets

Encourage companies to adopt sustainable practices and sustainability reporting

Improve water quality, wastewater treatment and safe reuse

Universal access to modern energy

Increase global percentage of renewable energy

Expand and upgrade energy services for developing countries

Key performance indicators

Fund overview

Asset manager: NEXO Capital Partners

Product track record: Fund has 7 years of track record

Target IRR: 20%

Committed Capital: 1,500,000 USD (US Dollar)

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

Fund domicile:

Product status:

Style/Stage: ,

Inception year: 2016

Vintage year: n.a.

Target region: , , ,

Target close date: 01/11/2016

Product term: 10 years

Assets under management: 20,000,000 USD (US Dollar)

Investment size: Min: 0; Max: 7,600,000; Avg: 2,000,000

Co-investment policy: ,

Currency of investments:

Currency for fund / product figures:

Fund investments to date: 0

Fund investments to date exited or repaid: 0

Management fee: n.a.

Carried interest: n.a.

Hurdle rate: n.a.

GIIN Investors' Council Investment: No

Limited Partners / Investors: n.a.

Limited Partner / Investor Type: Development Finance Institution (DFI), Endowments/Foundations, Family Office, Pension Funds, Other Institutional Investors, Retail Investors

Contact

E-mail: n.a.

Website:

Phone number: 4359196122.00

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


Andrew Sloop

Managing Partner

Impact Performance

n.a.

Impact thesis

NEXO will make investments meeting the following criteria: (i) Consumer Products: Sustainably produced products, the production of which employs traditional artisans and promotes the economic viability of their craft. (ii) Non-Conventional Renewable Energy: Small (< 3 Megawatt) energy generation facilities that have minimal environmental impact and use carbon-neutral biomass as a fuel source. (iii) Natural Resources: Technologies and services that help to preserve natural resources and the improve the way we utilize them. Particularly, waste water recycling and treatment technologies for the mining industry.

Impact Management

n.a.

Financial benchmark