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.
Fund geography
Developed countries (203) / More developed regions (202) / More developed regions (North America, Asia & Oceania) (153) / Canada (18)
Renewal2 is a mission venture fund dedicated to delivering financial returns by investing in leading environmental and social mission businesses in Canada and the USA.
Asset class
Fund status
Fund style
Financial description
n.a.
16 years
of track record
2008
the year funded
35,000,000 CAD
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
Renewal Funds
Headquarters location: Canada
Other funds managed by this asset manager: Renewal3 Investment Fund
Impact Category
Key performance indicators
Fund overview
Asset manager: Renewal Funds
Product track record: Fund has 16 years of track record
Target IRR: 15%
Committed Capital: 35,000,000 CAD (Canadian Dollar)
Target return category: Risk-adjusted market-rate of return
Fund domicile: Canada
Product status: Closed - no longer investing
Style/Stage: Early Stage
Inception year: 2008
Vintage year: 2009
Target region: Canada, Developed countries, More developed regions, More developed regions (North America, Asia & Oceania)
Target close date: n.a.
Product term: 10 Years
Assets under management: 35,000,000 CAD (Canadian Dollar)
Investment size: Min: 250,000; Max: 4,000,000; Avg: 2,000,000
Co-investment policy: LPs have priority, With LPs and non-LPs
Currency of investments: CAD (Canadian Dollar)
Currency for fund / product figures: CAD (Canadian Dollar)
Fund investments to date: 11
Fund investments to date exited or repaid: 5
Management fee: 2%
Carried interest: 20%
Hurdle rate: 8%%
GIIN Investors' Council Investment: No
Limited Partners / Investors: Accredited Investors, Private & Public Foundations and Corporate Investors in USA, Canada, Europe & Asia.
Limited Partner / Investor Type: Family Office, Other Institutional Investors, Retail Investors
Contact
E-mail: n.a.
Website: http://www.renewalfunds.com
Phone number: 6044349940.00
If you wish to have your details removed from this database please email gdpr@impactyield.com
Kate Storey
Vice President
Nicole Bradbury
Senior Vice President
Paul Richardson
President & Co-Founder
Impact Performance
n.a.
Impact thesis
Impact Management
n.a.
Financial benchmark
Term Description:
Keywords
environmental innovationGreen technologyorganic and natural foodsustainable consumer products