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)
Renewal3 Fund makes investments in underserved, early growth stage North American companies focusing on organic and, natural food, green products, and environmental innovation.
Asset class
Fund status
Fund style
Financial description
n.a.
11 years
of track record
2013
the year funded
60,000,000 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.
Asset manager
Renewal Funds
Headquarters location: Canada
Other funds managed by this asset manager: Renewal2 Investment Fund
SDG goals
SDG targets
Affordable and sustainable transport systems
Encourage companies to adopt sustainable practices and sustainability reporting
Sustainable food production and resilient agricultural practices
Improve water quality, wastewater treatment and safe reuse
Double the improvement in energy efficiency
Expand and upgrade energy services for developing countries
Impact Category
Key performance indicators
Fund overview
Asset manager: Renewal Funds
Product track record: Fund has 11 years of track record
Target IRR: 15%
Committed Capital: 63,000,000 USD (US Dollar)
Target return category: Risk-adjusted market-rate of return
Fund domicile: Canada
Product status: Closed - still investing
Style/Stage: Early Stage, Growth Stage
Inception year: 2013
Vintage year: 2014
Target region: Developed countries, More developed regions, More developed regions (North America, Asia & Oceania)
Target close date: n.a.
Product term: 10 years
Assets under management: 60,000,000 USD (US Dollar)
Investment size: Min: 500,000; Max: 6,000,000; Avg: 4,000,000
Co-investment policy: LPs have priority, With LPs and non-LPs
Currency of investments: USD (US Dollar)
Currency for fund / product figures: USD (US Dollar)
Fund investments to date: 15
Fund investments to date exited or repaid: 2
Management fee: 2%
Carried interest: 20%
Hurdle rate: 8%%
GIIN Investors' Council Investment: No
Limited Partners / Investors: n.a.
Limited Partner / Investor Type: Endowments/Foundations, Family Office
Contact
E-mail: n.a.
Website: http://www.renewalfunds.com
Phone number: 604-844-7474
If you wish to have your details removed from this database please email gdpr@impactyield.com
Impact Performance
n.a.
Impact thesis
Impact Management
n.a.