Johan Reynaert presents the European Investment Fund and shares their LP lessons learned
Ecosummit TV: Johan Reynaert presents the European Investment Fund (EIF) and shares their LP lessons learned at ECO14 London. EIF is the biggest fund investor in Europe and a major LP in 16 sustainability VC funds such as Munich Venture Partners, Environmental Technologies Fund, Demeter, Capricorn, VNT Management, Aster Capital, Emertec, WHEB and Icos Capital. According to Johan, sustainability as an asset subclass within venture capital is maturing. GPs and LPs have learned from the past and nowadays focus on capital efficiency, value creation and cooperation with corporates in their startup portfolio. A new trend – that we just discussed with Johan’s colleague Patric Gresko at the Cleantech Forum in Florence – is the interaction of impact investors and smart green VCs. The deep integration of impact investing into the investment strategy and portfolio management enables VCs and startups to tap into a lot of new capital from family offices and other impact investors.
The ECO14 London presentation slides of Johan are available as PDF.
Tags: Aster Capital, Capricorn, Cleantech Forum Europe 2015, Demeter, ECO14 London, Ecosummit London 2014, EIF, Emertec, Environmental Technologies Fund, European Investment Fund, Icos Capital, Impact Investing, Johan Reynaert, Munich Venture Partners, Patric Gresko, VNT Management, WHEB