Wunder Term Fund
United States of America
Last updated 11 May 2020, by Impactyield.
Invest today in a diversified portfolio of commercial solar projects that service some of the strongest businesses in the country. These savvy borrowers recognize the value of capturing long-term savings by financing their systems using shorter term loans. This fund provides targeted monthly cashflows of 8.5% annually for 7 years, while aiding in the fight against climate change by significantly reducing carbon energy pollution.
Wunder brings debt capital to commercial solar nancing opportunities around the United States. We leverage our proprietary technology platform, a partnership network comprised of 55 solar installers across 14 states, and industry- leading expertise to provide a strong return on investment. With Wunder, solar investing is made accessible in the form of fully-managed and diversi ed solar debt funds, which provide investors with non-recourse, payment-dependent notes. Currently, the Wunder Income Fund and the Wunder Term Fund are open for investment, and we anticipate launching additional funds within the year. These funds manage portfolios of asset-backed solar loans, allowing investors to tailor their investments to their individual risk appetite and capital requirements.
Key performance indicators
Asset manager: Wunder Capital
Product track record: Fund has 6 years of track record
Target IRR: 8.5%
Committed Capital: 9,797,753 USD (US Dollar)
Target return category: Risk-adjusted market-rate of return
Fund domicile: United States of America
Product status: Open - committed capital
Inception year: 2016
Vintage year: 2016
Target close date: 01/01/2018
Product term: 7 year term
Assets under management: 50,000,000 USD (US Dollar)
Investment size: Min: 1,000; Max: 0; Avg: 20,000
Currency of investments: USD (US Dollar)
Currency for fund / product figures: USD (US Dollar)
Fund investments to date: 30
Fund investments to date exited or repaid: 0
Management fee: n.a.
Carried interest: n.a.
Hurdle rate: n.a.
GIIN Investors' Council Investment: Yes
Limited Partners / Investors: n.a.
Limited Partner / Investor Type: Endowments/Foundations, Family Office, Other Institutional Investors, Retail Investors
Clean energy is a huge wealth creation opportunity for our future economy. Bloomberg New Energy Finance estimates that $7.8T will be invested in renewable energy between now and 2040 (with only $2.1T being invested in fossil fuels). The capital behind these massive infrastructure investments has traditionally come from government / corporate bonds and large institutional investors. However, platforms like Wunder Capital open up these lucrative investment opportunities to ordinary people who otherwise wouldn’t be able to take advantage of this $7.8T opportunity. With as little as $1,000, individuals can deploy capital to fund renewable energy investments across North America. These investments don’t only provide yield, they also help to combat climate change and reduce greenhouse gas emissions.
Wunder Capital investors have the ability to invest in funds that finance the installation and construction of solar arrays for small and medium sized businesses across the U.S. Wunder Capital has financed solar array installations for storage facilities, schools, commercial real-estate properties, and many other types of businesses. When investors finance these solar installations they're helping U.S. businesses save money on their monthly energy bill, and reduce their carbon footprint.