Sonanz Impact 1
Last updated 11 May 2020, by Impactyield.
Sonanz Impact 1 invests in private companies that are both fast growing and actively contributing to a reduction of poverty-related problems. The fund is designed as a private equity fund-of-funds, which is both cost-efficient for investors and draws on the expertise of Sonanz to select the best funds from more than a hundred potential target funds. The fund is therefore a unique new way for investors to invest for social impact without sacrificing financial returns or taking unjustified risk.
We believe that it is possible to deliver social and environmental value and provide attractive financial returns to investors. Sonanz Impact 1 targets market rate financial returns and give investors exposure to fast-growing private companies. Those companies are small and medium-sized enterprises (SMEs), often with highly scalable and low-margin business models that require early, and growth stage equity funding.
The fund-of-funds structure offers cost-efficient access to a large and diversified (across sectors, geographies, currencies, and vintage years) portfolio with significantly reduced risk and a higher likelihood of including social and financial “blockbusters”.
of track record
the year funded
Key performance indicators
Asset manager: Sonanz
Product track record: Fund has 6 years of track record
Target IRR: n.a.
Committed Capital: n.a.
Target return category: Risk-adjusted market-rate of return
Fund domicile: Germany
Product status: Open - committed capital
Style/Stage: Early Stage, Growth Stage, Late Stage, Secondary
Inception year: 2017
Vintage year: 2017
Target region: Global
Target close date: n.a.
Product term: 12 years
Assets under management: 15,000,000 USD (US Dollar)
Investment size: Min: 1,000,000; Max: 3,000,000; Avg: 2,000,000
Co-investment policy: Only with LPs
Currency of investments: USD (US Dollar)
Currency for fund / product figures: USD (US Dollar)
Fund investments to date: 0
Fund investments to date exited or repaid: 0
Management fee: n.a.
Carried interest: n.a.
Hurdle rate: n.a.
GIIN Investors' Council Investment: No
Limited Partners / Investors: n.a.
Limited Partner / Investor Type: Family Office, Pension Funds
Phone number: +49 89 411 54985
If you wish to have your details removed from this database please email firstname.lastname@example.org
We differentiate between social impact that is generated by products and services of companies and Environmental, Social and Governance (ESG) standards that apply to the operations along the value chain of companies. Our target funds should invest in companies that offer essential products and services that significantly improve the lives of the poor. On top of that we expect a good ESG management system from our GPs to protect our investors, society and the environment against ESG risks and to create opportunities for our portfolio companies. We measure social and ESG performance carefully, because good intentions are not enough to create lasting change.