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 closed in 2014.
Type | Private |
---|---|
Industry | Private equity |
Founded | 2007 |
Defunct | 2014 |
Fate | shut down |
Headquarters | London, United Kingdom San Francisco, United States New York City, United States |
Area served | North America & Europe |
Number of employees | 10 |
Parent | Virgin Group |
Website | www.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
- Chris Hughes (27 June 2008). "Virgin's green fund gets first $199m". Financial Times. Retrieved 28 April 2015.
- Claire Cain Miller (10 May 2010). "Virgin Green Fund Looks to Midlife Start-ups". New York Times. Retrieved 28 April 2015.
- "Portfolio: Biofuels". Virgin Green Fund. Retrieved 7 April 2010.
- "Portfolio: Solar". Virgin Green Fund. Retrieved 7 April 2010.
- "Portfolio: Energy Efficiency". Virgin Green Fund. Retrieved 7 April 2010.
- "Portfolio: Energy Storage". Virgin Green Fund. Retrieved 7 April 2010.
- "Portfolio: Waste Management". Virgin Green Fund. Retrieved 7 April 2010.
- "Portfolio: Water". Virgin Green Fund. Retrieved 7 April 2010.
- "Portfolio: Transport". Virgin Green Fund. Retrieved 7 April 2010.
- "Virgin Group Said to Wind Down Buyout Unit, Cancel Fund". Bloomberg.com. 23 April 2014. Retrieved 18 May 2016.
Further reading
- Virgin Green Fund leads Odersun funding round.
- Benchmark, Branson Keep Eyes on Cleantech Road.
- "Gevo Licenses UCLA Technology " – Gevo has received investments from Khosla Ventures and Virgin Green Fund.
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