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Renewal2 Investment Fund

Canada

Last updated 6 January 2022, by Impactyield.

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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.



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

Website

Headquarters location:

Other funds managed by this asset manager: Renewal3 Investment Fund

SDG goals

SDG targets

Encourage companies to adopt sustainable practices and sustainability reporting

Sustainable food production and resilient agricultural practices

Double the improvement in energy efficiency

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:

Product status:

Style/Stage:

Inception year: 2008

Vintage year: 2009

Target region: , , ,

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: ,

Currency of investments:

Currency for fund / product figures:

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.