Borenius Advised Taaleritehdas in Forming a New Type of Windpower Fund
We advised Taaleritehtaan Pääomarahastot Oy, an alternative investment fund manager, when it set up a new fund investing in windpower projects.
What makes the fund exceptional is a feeder fund structure which enables also retail investors to invest in investment opportunities typically available only to institutional investors. Subject to a minimum investment of 10,000, any investor may invest in windpower projects by subscribing profit-participating loans issued by the feeder fund. The feeder fund will become one of the investors in the master windpower fund, Taaleritehtaan Tuulitehdas II Ky.
The maximum loan amount is 30 million whereas the master fund targets to raise 70-90 million in total. With leverage, subject to a maximum of 80%, the investment capacity of the fund will be more than that.