Purpose Capital
Impact Fund 1
Purpose Capital Impact Fund 1 offered investors an opportunity to make a meaningful impact on New Zealand communities and the natural environment, while generating financial returns.
Fund Status
First Close: 2020
Final Close: 2021
Fund Size: $21.68m
Final Investment: June 2025
Fund 1 Portfolio
Fund 1 Theory of Change
Investees
Investees
Asset Backed Impact Projects: Property, Energy, Primary Industries, Regenerative/Organic Horticulture & Agriculture, Employment and Training.
Impact Businesses
Growth stage, driving social and environmental innovation. Transitioning to more sustainable models.
Using Fit for Purpose Financing
Equity
Preferred, ordinary, convertible and revenue-based financing.
Debt
Asset backed senior and subordinated loans.
Investment:
$1M to $10M+. Through stand alone or syndicated investment.
RIAA Certification
The Purpose Capital Impact Fund has been certified and classified by the Responsible Investment Association Australasia according to the operational and disclosure practices required under the Responsible Investment Certification Program. See www.responsiblereturns.com.au and RIAA’s Financial Services Guide for details.
The Responsible Investment Certification Program provides general advice only and does not take into account any person’s objectives, financial situation, or needs. Neither the Certification Symbol nor RIAA recommends to any person that any financial product is a suitable investment or that returns are guaranteed. Because of this, you should consider your own objectives, financial situation and needs and also consider the terms of any product disclosure document before making an investment decision. Certifications are current for 24 months and subject to change at any time.
Our Major Investors
Our sincere gratitude to the following Major Investors.
Impact
To date, through Purpose Capital Impact Fund 1, we have contributed to the following*:
- 800+ GWh p.a. of Utility scale solar energy capacity created
- 12,500 tonnes of refrigeration related CO2e emissions avoided
- The creation of over 200 new job
- Seven vulnerable youth supportively housed and new institutional funding introduced to the social housing sector
- Funding the first stage of an 89-home housing development targeting at least a Homestar 6 rating.
- Supported Māori shareholding and community ownership of a large energy business at the forefront of wind and renewable energy generation
- Helped to mainstream impact investment in New Zealand
*For more information, see our impact report.
Awards
