The Impact Enterprise Fund is New Zealand's first domestic focused impact investment fund. The Fund provides growth capital to businesses who deliver social and/or environmental impact, alongside attractive financial returns.
This Fund has two primary objectives: delivering market-rate financial returns, and delivering tangible societal and environmental outcomes.
The Fund, whilst still open for investment, is now live after a First Close at $8 million.
For more information about the launch of the Fund, see our latest media release here.
We have recently announced the first business the Impact Enterprise Fund is investing in, Melon Health Ltd. Read the media release for all the info about this exciting annoucement!
Melon Health is an exciting New Zealand Company that has developed a platform for delivering chronic disease management and treatment programmes digitally. Melon’s service, integrates with other patient care applications, helps with tracking, remote monitoring, behaviour change and provides peer and professional support to patients. It has had significant success in New Zealand and is now focused on US expansion having made great headway to date with contracts signed with both United Healthcare and Oscar Health.
The Impact Enterprise Fund has gone live following the completion of its first round of fundraising. After receiving expressions of interest from potential investors in excess of $8 million, the Fund completed a First Close on 8 February. This First Close comprises 35 investors, from a diverse range of investment backgrounds, structures, and geographies. The Fund has two cornerstone investors, St John’s College Trust Board and The Tindall Foundation, and has attracted offshore investment.
Investors wanting to support the creation and development of positive social and environmental outcomes as well as generate full market financial returns can still invest into the Fund, with a Final Close expected in late July.
With the Impact Enterprise Fund now live, the Fund’s management team have commenced evaluation of investment opportunities in the New Zealand market. If you are a business with a:
then we would love to hear from you. To express interest in receiving investment from the Impact Enterprise Fund, please complete the below form.
New Ground Capital’s mission is to identify areas of untapped capital demand and investment appetite. In all its investing activities New Ground looks at investments from both a financial and social return perspective, believing that investments that make a strong societal or environmental impact can also be the most sustainable and financially rewarding over the long term.
Impact Ventures Limited is a company established to be the manager of a New Zealand focused Impact Investing fund and provide corporate finance advisory services. The members of Impact Ventures have significant Investment Banking experience, providing expertise to the Fund in the areas of; deal evaluation, structuring and execution, capital raisings, mergers and acquisitions, and strategic advice.
Important Legal Notice
Investment in the Fund is only open to persons who are “wholesale investors” under Schedule 1 of the Financial Markets Conduct Act 2013 (the Act) or who are otherwise entitled to receive offers of financial products without first receiving a product disclosure statement. If you are not familiar with the provisions of the Act, please consult with your professional adviser.
Nothing on this website is an offer or solicitation in any jurisdiction in which such an offer or solicitation is not authorised, or in which the person making it is not qualified to do so, or to any person to whom it is unlawful to make it. We have taken no action to permit a public offering in any jurisdiction where action for that purpose would be required.