$100 Million for Social Startups in Australia

Wednesday, June 17, 2015

Socially and environmentally conscious startups are set to benefit from the creation of the new $100 million Impact Investment Funds – said to be one of Australia’s biggest.

Impact Investment Fund Pty Ltd, which founder Geoff Gourley says is one of the biggest impact investment funds in Australia, will aim to invest based on the impact investment principles of promoting positive social and environmental values while also delivering financial returns.

He said the fund will invest in a mix of single manager hedge funds and sustainable and ethical enterprises, including water, wind, renewable, solar and social enterprise.

The opportunity to invest in the fund will be restricted to wholesale clients such as Pension Funds, Super Funds, Asset Managers, Sovereign Wealth Funds, Family Offices, Corporations and High Net Worth Individuals.

“Investing with us is an investment in creating a secure financial future while influencing a better world,” Gourley said.

Source: Pro Bono Australia (link opens in a new window)

Categories
Entrepreneurship, Impact Assessment
Tags
impact investing, investment fund, social impact, startup