Virgin Green Fund

Virgin Green Fund was established in 2007[1] to invest in companies in the renewable energy and resource efficiency sectors in the US and Europe. It was subsequently closed in 2014.

Virgin Green Fund
Private
IndustryPrivate equity
Fateshut down
Founded2007
Defunct2014
HeadquartersLondon, United Kingdom
San Francisco, United States
New York City, United States
Area served
North America & Europe
Number of employees
10
ParentVirgin Group
Websitewww.virgingreenfund.com

Investment history

The fund's first fundraising round raised $199m from Virgin and other investors. A notable initial investor was Wolverhampton City Council. The fund's investment focus is on established businesses rather than start ups. It had invested in 10 businesses out of 3,700 considered as of 2010.[2]

Portfolio

As of April 2010 Virgin Green Fund's portfolio included:

Shutdown

In 2014, the firm was closed down by the Virgin Group.[10]

References

  1. Chris Hughes (27 June 2008). "Virgin's green fund gets first $199m". Financial Times. Retrieved 28 April 2015.
  2. Claire Cain Miller (10 May 2010). "Virgin Green Fund Looks to Midlife Start-ups". New York Times. Retrieved 28 April 2015.
  3. "Portfolio: Biofuels". Virgin Green Fund. Retrieved 2010-04-07.
  4. "Portfolio: Solar". Virgin Green Fund. Retrieved 2010-04-07.
  5. "Portfolio: Energy Efficiency". Virgin Green Fund. Retrieved 2010-04-07.
  6. "Portfolio: Energy Storage". Virgin Green Fund. Retrieved 2010-04-07.
  7. "Portfolio: Waste Management". Virgin Green Fund. Retrieved 2010-04-07.
  8. "Portfolio: Water". Virgin Green Fund. Retrieved 2010-04-07.
  9. "Portfolio: Transport". Virgin Green Fund. Retrieved 2010-04-07.
  10. "Virgin Group Said to Wind Down Buyout Unit, Cancel Fund". Bloomberg.com. 23 April 2014. Retrieved 2016-05-18.

Further reading

See also


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