Renewal Partners Portfolio Performance
| Capital Invested |
$7,131,390 |
| Exits* |
$5,101,441 |
| Current Valuation of Active Portfolio Companies |
$11,800,191 |
Portfolio Companies
Full Exits (6):
Capers, Gonofone, HT Naturals, New Society Publishers, Stonyfield Farm and Utne Reader
Partial Exits (2):
Horizon Distributors and Seventh Generation
Active Portfolio Companies (24):
Adina for Life, Better World Corp, Biomass Energy, Communicopia, Cooler, Eatmore Sprouts & Greens, Energy Aware Technology, Envision Sustainability Tools, ERA, Happy Planet Foods, Jantzi Research, Lunapads, Gaiam, IceStone, Inhance Investment Management, O’Naturals, One TV, Salt-Spring Island Coffee, Sounds True, SPUD, StratComm, The Nimble Company, Underdog Ventures and Village Real Estate. (Valuations based on third party price setting or calculated by independent Chartered Business Valuators)
Write-Offs (8):
Big Mind Media, Bowen Island Botanicals, Dragonfly Media, Elixir Farm Botanical, Hemp Textiles International, Sun Tui, Vacations West and Vancadia Capital.
Portfolio Returns
The Renewal Partners Portfolio includes all equity and convertible debt investments of at least $50,000 in Renewal2 sectors. It has had an IRR of 12.2% not including dividends, interest or associated costs. The first investment was made in 1993 and the average investment period per company is 5.5 years.
Broader Mission Implementation
In addition to the investments included in the track record, Renewal Partners has implemented over $20 million in land use and protection models, social purpose real estate, limited partnerships in colleague social venture funds, leadership and capacity building, foundation based program related investments and social enterprise loans.
This document is not intended to be an offer for the sale or purchase or solicitation of securities in Renewal2 or otherwise. Such an offer may only be made in compliance with disclosure and delivery requirements under applicable securities laws and will be limited to prescribed categories of investors. Any statement in any future subscription documentation shall be deemed to modify or supersede any statement in this document. Renewal Partners’ past performance is not a guarantee of the future performance of Renewal Partners or Renewal2. Statutory rights to cancel investment obligations made in the future may arise in specified circumstances. Investors should consult their own legal, tax and financial advisors before considering an investment in this fund. Material prepared by Evans & Evans an independent valuation firm headquartered in Vancouver, B.C. Evans & Evans did rely only on the information, materials and representations provided to it by Renewal Partners. Evans & Evans did assume that the information provided was accurate, correct and complete, and that there are no material omissions of information that would affect the conclusions contained in the summary. Evans & Evans did attempt to verify the accuracy or completeness of the data and information available. Should the assumptions used in the summary be found to be incorrect, then the valuation conclusion may be rendered invalid and would likely have to be reviewed in light of correct and/or additional information. Evans & Evans denies any responsibility, financial or legal or other, for any use and/or improper use of the Summary however occasioned. Evans & Evans reserves the right to review all information and calculations included or referred to in the Summary. Evans & Evans is not an investment advisory service and makes no recommendations, either expressed or implied, as to the suitability of any of the funds or companies described herein or any of their respective securities, as investments.
