News
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 Trust, Trust Horizon, as well as investors from the Purpose Capital Impact...
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 syndicated investment into Lodestone Energy’s series B raise last year. Their...
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 Ltd, Original Equipment Manufacturer (OEM) of commercial and...
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 impact investing are playing in making money a force for good. They reflect...
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 solar generation in New Zealand by 8 times the 2021 levels. Once it...
Purpose Capital Wins Best Impact Investment Fund Award
At the recent annual Mindful Money Awards in Auckland, the Purpose Capital Impact Fund won the 2022 Best Impact Investment Fund award. The Mindful Money Awards celebrate the role that ethical and impact investing are playing in making money a force for good. They...
EECA GIDI Private Finance Pilot | Purpose Capital
EECA (the Energy Efficiency and Conservation Authority) has commenced a private finance pilot with participating financial providers to help unlock the finance required for valuable decarbonisation projects to move forward. Purpose Capital has been selected to...
Impact Investment Fund Tackles the Housing Crisis
Tauranga is set to receive a much-needed increase in supply of affordable, healthy, and well-located homes that put social and environmental needs at the forefront thanks to impact investment fund, Purpose Capital, it’s partners, and specialist build-to-rent company...
The Degrowth Opportunity
In late 2021, Purpose Capital, Executive Director, Bill Murphy collaborated with Jennifer Wilkins to publish a tentative white paper, Investing In Degrowth. This paper received a great response and showed there is genuine interest in degrowth within the business...
Air Pollution: A Far Deadlier Killer Than COVID-19?
Fossil fuels pollute the earth – So what? It’s normal... Right? Most of us understand that fossil fuels have a dramatic negative impact on the environment and are accelerators of climate change. However, many of us fail to comprehend the urgency and enormity of the...
Investing in Degrowth
Many of us now accept that humanity is operating in a way that is causing climate change, increasing inequality and a more precarious future for our children. That way of operating is called growth, endless growth. But what’s the alternative? How can you invest in...
Calling for Investable Climate Solutions!
You are implementing an important environmental or climate related solution. You are ready to expand and scale it to make a real difference as part of your existing or new business/project. But you need investment and additional smarts. You want investors that share...
Growth and Doughnuts
Things are ‘out of whack’ seems a fair summary of our state of affairs. Climate change, economic inequality, mass migration, conflict and human unhappiness. If our economic and political systems are supposed to prevent or address these things, clearly, they aren’t. Of...
ESG and Beyond
At this point I’m sure most of us have heard about ESG. Here’s one definition:ESG stands for Environmental, Social, and Governance. Investors are increasingly applying these non-financial factors as part of their analysis process to identify material risks and growth...
Reimagining Investment
“Anyone who believes that exponential growth can go on forever in a finite world is either a madman or an economist.” Kenneth Boulding, 1973 Or maybe an investor. Why do we invest money? A simple question with an apparently simple answer – so the money makes us more...
Summary of the Climate Change Commission’s Draft Advice for Consultation report
In case you haven’t heard of the Climate Change Commission or had time to read the 180 page 2021 Draft Advice for Consultation report, we have put together this brief on some of the main points. What is the Commission? The Climate Change Commission is an independent...
NZ’s Largest Impact Investment Fund Makes Its Mark
An estimated 230 new jobs will be created in the Eastern Bay of Plenty and future employees’ social and educational needs will be a top priority thanks to New Zealand’s largest impact investment fund. The Purpose Capital Impact Fund (PCIF) has announced its...
NZ’s Largest Impact Investing Fund Raises $20M
Corporate foundation heavyweights and high net-worth individuals are combining forces with the philanthropic sector and family trusts to invest in innovative solutions to New Zealand’s social and environment problems. It is the first time the commercial sector has...
Invest To Make A Difference – Public Launch Purpose Capital Impact Fund
Earlier this week the Purpose Capital Impact Fund was launched at an event in Tauranga. The keynote speaker was Robbie Tindall who spoke about his work with K1W1, which has invested $250m in NZ technology and innovation companies, and his experience as a Trustee of...
Major Investors
Our sincere gratitude to the following Major Investors.
Awards and Certifications
Purpose Capital are proud to be members of the following organisations:
