Purpose Capital Impact Fund

Mobilises new capital for systemic social and environmental change.

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Our Approach

The Purpose Capital Impact Fund is a collaboration between the New Zealand business, investment, and philanthropic sectors. Combining the power of the commercial with the expertise of the philanthropic, Purpose Capital brings new resources and capital to projects and organisations working toward social and environmental solutions.

Purpose Capital is driving social and environmental change and demonstrating a new way to make investment work. 

Fund Size

Co-investment under management

Total assets under management

Co-invest with Fund 1

Purpose Capital is a catalyst – attracting capital into impact investments.  Fund 1 is closed, however co-investment opportunities do arise offering investors an opportunity to co-invest alongside the fund.

Fund 2 coming soon

Join Us

We are now accepting expressions of interest for Fund 2, anticipated to launch in 2025.

Values

As New Zealand investors, we value our unique environment, our diversity of culture, and the principle of fairness.  Some of the other principles that contribute to our work include:

Integrity of Action

Systems Thinking

Openness to Learning

Belief in Equality

Challenge Areas

Affordable Housing, Environmental Degradation,
Climate Change and Inequality.

Investees

Asset Backed Impact Projects: Property, Primary Industries, Regenerative/Organic Horticulture & Agriculture, Employment and Training.

Impact Businesses: Growth stage, driving social and environmental innovation. 

Using Fit for Purpose Financing

Equity: Preferred, convertible and revenue based financing.

Debt: Asset backed senior and subordinated loans.

 

Purpose Capital invests in Maungaturoto Solar Farm

Purpose Capital has partnered with Harbour Infrastructure and Tupu Tonu (Ngāpuhi Investment Fund), to provide equity funding for a 21MW solar farm project in Maungaturoto, Northland. The site is...

RIAA Recognises Purpose Capital as an Responsible Investment Leader

Purpose Capital has been recognized as a Responsible Investment Leader by the Responsible Investment Association Australasia (RIAA) for the second year running. We placed in the top 20% of...

Walking the Talk: Purpose Capital’s Carbon Reduction Journey

At Purpose Capital, we believe it is important to “walk the talk” in our own operations.  After completing our third year of measuring and offsetting 120% of our emissions, we’re sharing our...

Response to the Second Emissions Reduction Plan

As Impact Investment Fund Managers, it’s important that Purpose Capital comments on the New Zealand Government’s Second Emissions Reduction Plan (ERP2), especially as related to scaling private...

Impact Principles Disclosure Statement

The Operating Principles for Impact Management (Impact Principles) is hosted by the Global Impact Investing Network (GIIN), the leading industry body for Impact Investing globally.   The Impact...

Purpose Capital Consortium increases investment in Lodestone Energy to $17.4M

In March 2024 Purpose Capital led a $7.4M syndicated follow-on investment into Lodestone Energy The Purpose Capital impact syndicate consisted of Purpose Capital Impact Fund, Tauhara North No2...

Kaitāia Live – Lodestone Powers On NZ’s Largest Solar Farm

We are pleased to share that Lodestone Energy is generating power at its Kaitāia solar farm – marking a major milestone for utility-scale solar in New Zealand.   Purpose Capital led a $10M...

Purpose Capital invests in Innovative Refrigeration manufacturer, Cool Group

Largest investment to date Purpose Capital Impact Fund has made a $3m investment into Cool Group Ltd. Cool Group is a New Zealand-owned and operated company whose subsidiaries include: CoolSense NZ...

Purpose Capital Wins 2023 Best Impact Investment Fund Award 

Purpose Capital is the proud recipient of the 2023 Best Impact Investment Fund award – our second year in a row winning this award. The Mindful Money Awards celebrate the role that ethical and...

Purpose Capital Consortium invests $10M in Lodestone Energy

Lodestone Energy is pioneering, at a significant scale, utility-scale solar agri-voltaics in New Zealand. Upon completion, Lodestone’s solar electricity generated across its five farms will increase...

Major Investors

Our sincere gratitude to the following Major Investors.

Awards and Certifications

Purpose Capital are proud to be members of the following organisations:

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