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First Australian investment fund for Indigenous infrastructure

June 3, 2019 Business News No Comments Email Email


Impact Investment Partners, has launched The Indigenous Infrastructure Investment Fund, the first Australian investment fund that aims to invest $500 million over five years across 15 to 20 direct investments to fund Indigenous infrastructure.http://www.stevecafeandcuisine.com/

As a Luritja man from Central Australia Chris Croker, Managing Director of Impact Investment Partners has experience building infrastructure investments across regional Australia and knows how it delivers attractive returns as well as positive social and economic impact.

“The launch of the fund is an important step towards increasing Indigenous direct economic engagement through employment, procurement and leasing from Indigenous landholders and will be a trusted investment vehicle for long-term investments that align the interests of financial investors, private developers and Indigenous communities,” said Croker.

Perpetual Corporate Trust (PCT) has been appointed the custodian and wholesale trustee of the fund for its commitment and previous work with Indigenous communities.

“The Indigenous Infrastructure Investment Fund is the first Indigenous focused fund for Perpetual Corporate Trust and we are delighted to be part of this investment opportunity,” said Glen Dogan, PCT general manager.

“The fund offers investors the opportunity to generate financial returns and fund Indigenous infrastructure to create a lasting positive change for Indigenous Australians,” said, Janice Morris, Fund Director at Impact Investment Partners. “The Fund will only consider investments that generate significant Indigenous economic and social benefits and market-based financial returns to meet the Fund’s dual objectives.”

“My vision is that the Fund will improve Indigenous economic participation and access to infrastructure services such as reliable electricity, clean and safe drinking water, improved health care and better access to quality education and act as a catalyst for addressing the long-term disadvantage of Indigenous people in Australia,” added Croker.



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