Renewal2 Investment Fund


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


15 years

of track record


the year funded

35,000,000 CAD


Asset manager

Renewal Funds


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 15 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:


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


E-mail: n.a.


Phone number: 6044349940.00

If you wish to have your details removed from this database please email

Kate Storey

Vice President

Nicole Bradbury

Senior Vice President

Paul Richardson

President & Co-Founder

Impact Performance


Impact thesis

Impact Management


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