The cleantech private equity market has grown substantially in recent years and there are currently over 380 active firms which are focusing on the sector, according to Research and Mar
The cleantech private equity market has grown substantially in recent years and there are currently over 380 active firms which are focusing on the sector, according to Research and Markets.
A review by Research and Markets says the potential for further growth is significant, with a total of 78 funds focusing exclusively on cleantech investments currently in market seeking investors.
More than three-quarters of private equity fund managers that are involved in investing in cleantech primarily manage venture capital funds. A further 13 per cent manage infrastructure funds, seven per cent manage buyout funds and three per cent manage other types of private equity funds, such as mezzanine and balanced funds.
Almost half (45 per cent) of private equity fund managers that invest in the cleantech sector are based in North America. Thirty six per cent are based in Europe and 19 per cent are based in Asia and the rest of the world.
The Private Equity Cleantech Review also finds that cleantech funds are attracting attention from a wide range of different types of investor. Fund of funds managers account for 19 per cent of investors that have previously invested in cleantech funds and public pension funds account for 15 per cent.