About Impact Investment Group

We are a leading Australian Impact Funds Manager and Co-Investor

About Us

Our mission is to shift capital towards investments that blend financial returns with deep social and environmental impact, and to lead by example in using all of our resources to create the world we want to live in.

We provide investment opportunities in commercial real estate, renewable energy infrastructure and venture capital. The opportunities are available to wholesale clients only, and target market-rate financial returns in combination with significant environmental and social benefits. The company has also established a foundation, funded through its management fees and profits, to deploy capital for impact-first investments, traditional philanthropy and venture philanthropy.

IIG regularly reports to investors on its financial, environmental and social performance. IIG and its related entities co-invest in each of the wholesale investor syndicates managed by the company.

The company was founded in 2013 and made its first acquisition, a $5.25 million real estate investment, in June that year. As of December 2017, IIG had more than $730 million in assets under management (including assets under development) across its three primary business classes.

It employs more than 30 people, with offices in St Kilda, Melbourne, and Surry Hills, Sydney.
 The company’s management team has extensive experience working as executives in some of Australia’s, and the world’s, leading wealth management, finance, property, and renewable energy organisations. IIG’s clients include high net worth individuals, self-managed superannuation funds, family offices, foundations and an institutional investor.

IIG, as one of Australia’s first certified B Corporations, believes in using the power of business to drive positive social and environmental change. It has met high standards of transparency, governance and accountability, as assessed by the B Lab international standards committee.

IIG is an active and leading contributor to Australia’s public conversations about responsible investing and impact investing. The company is a member of the Responsible Investment Association of Australasia and the Global Impact Investing Network.

Our Values

These underpin everything we do, and everything we aim for.

1

We courageously stand up for what we believe

2

We love to try new things

3

We earn your trust by being open and honest

4

We are driven by enlightened hospitality

5

We play the long game

6

We are one piece in the puzzle

7

We can have our cake and eat it too, and share it with each other

Whether it is about climate change, or the way we behave with each other – we own our talk to action ration. And there’s no other time than now. Where others think taking a stand is too great a risk, we think the risk is greater in staying silent or doing nothing. We are unwavering in being the change we seek (especially as a B Corp!). We will help steer each other back on course if we get off track.

 

We are here to disrupt business as usual and so we should all learn to become artists and inventors. Search for the opportunities and the white space, rather than being disheartened by the challenges. Say “yes… and”, rather than “no”. Experimentation, not perfection, will get us where we want to go.

 

Expect us to under promise and over deliver. If we are going to have meaningful and deep relationships, we need to be straight with each other from the get-go. We’ll always tell you what we’re really thinking.

 

Relationships are at the centre of our business and our theory of change. We believe that enlightened hospitality is contagious. Exceed expectations of service, compassion and kindness, and let people know we’re on their side.

 

Since our purpose is to serve something greater than ourselves, it is crucial that we never compromise the end game for the short term. We will always determine our course of action based on what’s right for the planet, our community, and the business, not on expediency. Act in the interim as you expect to act in the long haul.

 

Although we are proud of our work and deeply believe in our values, we know that we are just a small part of the solution, and that our part cannot solve everything. Our humility reminds us that there is so much we still have to learn. There is also a limit to what money can solve – and indeed some things should be protected from market forces.

 

In our business, it is not a zero sum game, where our success is someone else’s loss. Our success means that our investors do well, the community does well, and the environment is nourished. A true win-win scenario.

Our History

Our Milestones & Achievements
A timeline of Impact Investment Group
June 2013 The L&S Byron Trust buys Quiksilver Flagship Store in Byron Bay, NSW for $5.25m. In the following months, IIG will manage the installation of 10kW of solar panels and more efficient lighting. Those impact upgrades will roughly halve the property's demand of electricity from the grid. When the property is later sold in September 2015, the an approximate pre-tax, post-fees total return (income and capital) to Unit Holders in the Trust was approximately 65.0%. December 2013 An IIG trust purchases the EPA Building in Carlton, Victoria, for $33.5m. The property is famous in the industry as a one of Australia’s most environmentally sound commercial office buildings with a rare 6 Star green rating. December 2014 At the end of 2013, after less than a year of operation, IIG has four trusts under management; They own the Byron Bay Quiksilver property, a Quiksilver distribution center in Geelong, Victoria, had helped finance construction of Medical Consulting Suites in Gosford NSW, and the newly acquired EPA building in Carlton. May 2014 IIG issues it's first renewable energy infrastructure opportunity. The IIG Wind Trust will help finance the construction of a three-turbine windfarm in Chepstowe, Victoria, west of Ballarat. December 2014 The IIG TAC Property Trust finalises its purchase of the $95.8m TAC headquarters in Geelong. It is the company's largest transaction to date. At the point of acquisition the TAC building already performing well environmentally, but over the period of our management, we will have extra solar panels and water storage installed, set up a space for purpose-driven local businesses and freelancers. In early 2018, IIG contracted to sell the property at a significantly increased valuation. March 2015 IIG provided a working capital loan to the Australian social enterprise ‘Who Gives A Crap’. Who Gives a Crap sells environmentally friendly toilet paper with 50% of the profits going to sanitation projects overseas. March 2015 IIG acquires the iconic headquarters of the Lonely Planet at 90 Maribyrnong Street, Footscray for $13.5m. The property comprises approximately 7,000 square metres of high quality office accommodation at the gateway to the growing western corridor and Melbourne CBD. IIG starts an impact program to dramatically improve the energy performance of the property, and transform it into a center for co-working, innovation, and values-aligned business. July 2015 IIG acquires the brand new premium commercial office tower, ‘Kingsgate’, for $113.8 million. It is located at 1 Kings Street in Fortitude Valley, Brisbane. The 6 star Green Star building is a showpiece for its developer, the ASX top 50 award-winning Lend Lease. Kingsgate is the new Queensland headquarters of Lendlease, who committed to occupy the building as its anchor tenant for a minimum initial term of 12 years. January 2016 In January 2016, IIG acquires the brand new Gold Coast Surgical Hospital for $45.8 million. The Hospital is located in the Healthcare precinct of Robina / Varsity Lakes, in close proximity to Bond University and the M1 Motorway. August 2016 IIG launches the IIG Solar Income Fund, IIG’s first investment fund dedicated to renewable energy infrastructure. The Fund was established in response to investor demand for passive investments with relatively secure, long-term income streams. The Fund provides investors access to a $65m portfolio of operational Australian solar farms and is expected to deliver a pre-tax Internal Rate of Return of approximately 10% over the life of the Fund with low correlation to market and economic conditions. The Fund closed in four days after opening due to enormous demand from investors. The Solar Income Fund is expected to abate 48,000 tonnes of CO2 emissions annually, and provide clean energy for the equivalent of 9,000 Australian homes once fully deployed. September 2016 IIG launches the Giant Leap Fund, a 100% impact venture capital fund. The $13 million Fund is dedicated to investing in exceptional, rapidly scalable impact businesses. Giant Leap’s first two investments, were in YourGrocer, who offer same-day delivery from independent businesses including butchers, green grocers, bakers and delicatessens, and Sendle, a carbon-neutral parcel delivery service. December 2016 IIG acquires the historic Younghusband Woolstores and two neighbouring properties covering more than 1.5 hectares of land in Melbourne's inner-northwest, featuring current buildings with approximately 30,000sqm of lettable area. The three properties are within the area of City of Melbourne s Arden-Macauley revitalisation plan. IIG engaged world renowned architectural firm Woods Bagot to create a master plan for developing the site into a major hub of commercial, creative and entrepreneurial activity, targeting an energy and water neutral site. February 2017 IIG partners with global property developer Lendlease Group to develop, lease and manage the industry-leading 25 King office building, in Brisbane’s Showgrounds area. IIG will fund the property through development, and own the property at practical completion, which is due in mid 2018. The purchase price reflects a valuation of approximately $140 million and a net passing yield of 6.5%. 25 King will be an office tower showcasing best-in-class environmental sustainability, making extensive use of hi-tech engineered timber, a material which produces less CO2e and building waste through construction. 25 King will have more than 14,000m2 of A-grade office accommodation over nine levels, and almost 500m2 of retail space on the ground floor. April 2017 IIG enters the Sydney property market, securing options to buy into the iconic project, Central Park, a $2 billion mixed-use master planned development, and a beacon of sustainability in urban renewal. IIG entered into Put and Call Options with joint venture developers Frasers Property Australia and Sekisui House Australia to acquire two of the final properties to be built in the Central Park precinct for approximately $190 million. September 2017 IIG exchanges contracts to buy the freehold of the Byron Bay Beach Hotel, with the intention to remove the gaming machines, upgrade the accommodations, and improve the environmental performance of the property, targeting a carbon and water property on completion of the impact works. The vision for the property is to create a gathering place that demonstrates an environmentally sensitive, socially aware and safe place for people to meet, eat, drink and enjoy the best of Byron Bay.

The first transaction Impact Investment Group made was to buy the Quiksilver Flagship Store in Byron Bay, NSW. The investment was made through the L&S Byron Trust in 2013, with an acquisition cost of $5.25m. Five years later, we’ve expanded into new asset classes, grown the team, deepened our impact works and exponentially increased our assets under management..