Renewal3 Investment Fund

Canada

Last updated 6 January 2022, by Impactyield.

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Renewal3 Fund makes investments in underserved, early growth stage North American companies focusing on organic and, natural food, green products, and environmental innovation.



Financial description

n.a.

10 years

of track record

2013

the year funded

60,000,000 USD

AUM

Asset manager

Renewal Funds

Website

Headquarters location:

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

Key performance indicators

Fund overview

Asset manager: Renewal Funds

Product track record: Fund has 10 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:

Product status:

Style/Stage: ,

Inception year: 2013

Vintage year: 2014

Target region: , ,

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: ,

Currency of investments:

Currency for fund / product figures:

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

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Impact Performance

n.a.

Impact thesis

Impact Management

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