tammy newmark
TRANSCRIPT
EcoEnterprises Fund:A DECADE OF VENTURE CAPITAL INVESTING
Tammy E. NewmarkTBLI Conference/London November 11, 2010
• IRR at break-even; strong for “vintage year” and targeted sector
Business success rate – nearly 90 percent Mobilized $137 million Sales $282 million and 3,513 jobs; work
with 293 community groups Directly conserved 860,773 hectares Organic, FSC, fair-trade, industry
certifications
Results: leverage and impact
Next generation: EcoE II
$30 to 40 million follow-on fund in 2011
Mainstreaming instrument to achieve return
Mezzanine financing for growth Evolution of opportunities: eco-asset
upside “First movers” and portfolio winners Solid pipeline and partners: The Nature
Conservancy, IDB, Calvert Foundation
Portfolio Success: SambazonEnvironmental
Social Financial
sustainably sources product from Varzea Flooded Forest Region in Brazilian Amazon
harvests its fruits organically (grower associations certified as well)
works with local NGOs to design tracking system to monitor impact
purchases acai from more than 2,300 producers in Varzea Flooded Forest, associated with grower associations
expands upon traditional income-generation activity
sales of over $30 million in 2009
sells to chains across U.S., including Whole Foods, Trader Joes, and Wild Oats
Inc. Magazine’s “America’s 500 Fastest Growing Private Companies”– grew at
1,119% over 3 years
EcoEnterprises Fund:Investing in Nature &
Communitieswww.ecoenterprisesfund.com