In 2022 Norfund exited from three funds and four equity investments:
| Aureos Latin America Fund | HEFF | LOCFUND II | Bronkhorstspruit Biogas Plant | Fanisi Management II | Fanisi Venture Management Company | First Finance | |
|---|---|---|---|---|---|---|---|
| Annual IRR during Norfund's ownership period | 5.3% | 0.7% | 8.1% | -11.4% | -10.9% | -100.0% | 6.2% |