Overview of Investing in Green Private Equity and Venture Capital Funds - Survey of Institutional Investors 2010
This latest LP Survey from NewNet provides a highly valuable snapshot of the 'green' private equity and venture capital industry.
New Energy World Network in association with AltAssets undertook a survey of Limited Partners (LPs) who allocate capital to private equity and venture funds. A hundred and ten active and influential LPs were asked about their levels of interest in investing in private equity or venture capital funds that are predominantly focused on the areas of clean technology, environmental technology, renewable energy or sustainability (which we have collectively defined as 'green' investments).
The aggregate results provide insights into the state of the market and the prospects for the green private equity and venture capital sector. The report provides essential information for investors, fund managers and advisors who operate in the sector.
The report is available to purchase in digital form.
PURCHASE LP SURVEY REPORT NOWLP Survey questions
The survey asked respondents the following questions and the aggregated results are presented in the report.
Capital Allocation
1. How much will you allocate overall to private equity funds in 2010?
2. Have you made any green investments to date?
3. How much do you plan to commit to green private equity funds in 2010?
4. Which type of assets have you invested in, or are you considering, as part of your green allocation?
5. How likely are you to increase your allocation to green investments in one, three and five years?
Investment Preferences
6. Which sectors do you believe will generate the best risk-adjusted returns over the next five years?
Which regions and countries do you believe will offer the best returns for:
7. Bioenergy investments
8. Energy efficiency and storage investments
9. Geothermal investments
10. Offshore wind investments
11. Onshore wind investments
12. Solar investments
13. Tidal/wave investments
14. Waste-to-energy investments
15. Which green fund types do you think are the most attractive?
Motives
16. What are the most important motives for allocating to green investments?
17. What would make you commit more to green investments?
18. Do you prefer green private equity funds in which you invest to have a specific focus?
19. What do you believe are the most important barriers to investing in this sector?
Performance
20. How does the performance of specialist green funds compare with generalist funds?
21. What are your net IRR expectations for green private equity funds?
22. What are the key criteria you look for when investing in generalist and green private equity funds?
Environmental Impact
23. Do you consider the environmental impact of the activities of funds or companies in which you invest outside of green investments?
Information Sources
24. What are your primary sources of information?
a) What news or information providers are your primary sources of information?
b) Do you believe consultants are a valuable source of information?
c) Do you think consultants add value?
d) Do you use consultants when considering investing in green funds?
e) Would you consider using consultants in the future?
f) Are there enough consultants operating in the green fund investment area?
LP Survey Respondents
The survey was conducted in June 2010 and published in July 2010. All respondents were verified and all results aggregated with individual responses being kept confidential. The report contains aggregated answers only. All information relating to survey participants is strictly confidential and will not be made available within the report or otherwise.
PURCHASE LP SURVEY REPORT NOW SPECIAL OFFER: Subscribe to Envirotech & Clean Energy Investor by 10 September 2010 and receive the survey report FREE
