CalPERS Clean Energy and Technology Fund
The CalPERS Clean Energy and Technology Fund is dedicated to investing across the spectrum of the global clean energy and technology value chain. The fund is managed by a dedicated CleanTech investment team within Capital Dynamics, based in Menlo Park, California.
CalPERS Clean Energy and Technology Fund
Capital Dynamics
2250 Sand Hill Road
Menlo Park, CA 94025
(650) 388-7000
The table shows fund performance information for CalPERS Clean Energy and Technology Fund as of June 30, 2023.
| Fund | Vintage Year | Capital Committed | Cash In | Cash Out | Cash Out & Remaining Value | Net IRR | Investment Multiple |
|---|---|---|---|---|---|---|---|
| Fund | Vintage Year | ||||||
| Ascent Capital Holdings | 2017 | $54,725,064 | $57,127,040 | $9,754,098 | $18,829,022 | N/M1 | N/M |
| CalCEF Clean Energy Angel Fund I, L.P. | 2008 | $1,328,571 | $1,341,859 | $295,769 | $295,769 | -44.6% | 0.2x |
| Hudson Clean Energy Partners, L.P. | 2008 | $39,658,849 | $46,499,271 | $15,751,048 | $15,751,048 | -23.9% | 0.3x |
1Not Meaningful: Funds with a vintage year of 2019 or later are in the initial stages of their investment life cycle. Any performance analysis done on these funds would not generate meaningful results as private equity funds are understood to be long-term investments.
2Partnership investment is using a cash adjusted market value.