Impact Enterprise Fund 1st close (Investment News)

Over $8 million has been committed by 35 investors to New Ground Capital’s Impact Investing fund, the Impact Enterprise Fund – a collaborative venture between the Ākina Foundation, New Ground Capital and Impact Ventures. Following the first round of funding, New Ground Capital are hoping to increase this initial total to the $10-$15 million mark in late April.

New Ground Capital

New Ground is an investment manager specialising in investments that generate financial returns alongside social and environmental impact. NZ’s first specialist institutional build-to-rent provider, they have been developing and managing modern rental developments with security of tenure since 2014.

https://www.newground.co.nz/
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New Ground co-launches Impact Enterprise Fund (NBR)

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Toru Apartments consent granted (ODT)