Today, the legacy of GEF’s almost three decades of investments is carried forth by the next generation of investment management professionals who have contributed to GEF’s past and ongoing investment successes. New investments are made through dedicated investment teams based on investment theme, investment style, and geographies.
GEF Capital Advisors (“GEFCA”) – In deploying new capital, GEFCA allocates from GEF’s capital balance sheet. We make direct invests on a standalone basis in carefully selected emerging businesses, and we participate in pooled co-investment vehicles or investment funds sponsored by our partners or investment managers selected by GEFCA. GEFCA’s direct investments are generally in the range of $2-5 million.
GEF Capital Partners (“GEFCP”) – Spun out of GEFCA in 2018, GEFCP is an investment manager that has been established to develop GEF’s middle-market, growth-equity investment programs in North America, South Asia and Latin America, similar to those historically developed by GEF. GEFCP seeks to invest between $10 million and $40 million of equity in established businesses with at least $3 million of EBITDA within these geographies that operate in certain core environment industry verticals including environmental services, energy efficiency, clean energy, business services, resource efficiency, and water. www.gefcapital.com
Criterion Africa Partners (“CAP”) – Spun out of GEFCA in 2017, CAP was established by the team responsible for Global Environment Fund’s Africa Sustainable Forestry investment program. CAP invests in Sub-Saharan Africa across the forestry value chain including plantation rehabilitation, production of building materials, and biomass energy generation. www.criterionafrica.com
GEF remains a significant owner of and contributor of investment capital to prior GEF funds, and into new direct investments, co-investments, and investments that meet our goals.