Renewal2 Featured in the Globe & Mail on "Investing for Change"
By Heidi Hartman on April 21, 2010 - 12:08pmRenewal2 and one of its portfolio
companies Alter Eco Americas
were featured in the April 21st article "Investing for Change: A new
capitalism, coloured green." Written by renowned business journalist,
David Ebner, the article features Renewal Partners high
impact investment work and the extension of this work with the launch of
the Renewal2 investment fund, a fund that focuses on the green
building, green consumer products and organic and natural foods sectors.
The
article also presents the story of co-founders Mathieu Senard and
Edouard Rollett of Alter Eco Americas, a San Francisco-based,
nine-person firm selling fair-trade food products in 2,000 stores in the
United States and 30 so far in Canada. Senard and Rollett discuss the
value and significance of Renewal2's investment in Alter Eco and in
other triple bottom line sectors that are underserved by the traditional
venture capital community.
Renewal2's final close of its fund
will take place on May 31, 2010. The fund has already raised over $20
million for its investment sectors and has 40 limited partners from
Canada, U.S. and Europe.
To read the full article, please click here.