The two firms, which have previously collaborated on a water investment vehicle, have received A$500,000 to explore the business case for a new fund.
Environmental stakeholders are accustomed to thinking about natural benefits such as pollination as a ‘service’ – investors will need to do the same to grasp the natural capital opportunity.
"Asset managers responsible for trillions in investments, issuers, lenders, credit rating agencies, analysts, index providers, stock exchanges – nearly all types of market participants – use ESG as a significant driver in decision-making, capital allocation, pricing, and value assessments"
The founders of Epiphany Community Holdings said covid-19 and social unrest have highlighted the lack of broadband investment in underserved communities.
The investment manager closed its latest fund last September on $220m.
On the firm’s Q1 earnings call, executives said its sustainable initiatives have proven fruitful amid the covid-19 crisis.
Significant exposure to family office capital has prompted fundraising platforms to seek out impact opportunities.