About Impact Investment Group

We are a leading Australian Impact Funds Manager.

About Us

Impact Investment Group is a leading Australian impact investment funds manager. We want to prove that finance can be a force for good. That finance can be great for people and great for the planet. We believe that aiming for systemic change is our path to meaningful environmental and social impact. We therefore work in the context of broader impact themes.

Sustainable Cities
We’re working to make buildings, towns and cities sustainable, inclusive and beautiful. We’ve invested in green buildings and run ambitious rejuvenation projects.

Clean Energy
We see a future where energy is 100% renewable, affordable and universally accessible. We’ve helped fund wind and solar farms across Australia.

Empowered People
We believe in empowering people to have agency and a say in what matters to them. Through our startup and real estate investments we are supporting and co-designing positive outcomes for people and a range of communities.

Regenerated Land, Water and Air
We know we are interdependent with, and intrinsically connected to, our natural environment. We’re investing in agriculture, renewable energy and startups that help restore the vitality of our ecological systems, including how we regenerate the our soil and land, value water as a natural resource, and contribute to cleaner air.

As impact investors, we aim for financial returns alongside measurable, intentional environment and/or social benefits. We help individuals, family offices, foundations and superannuation funds invest in line with their values, and support them to move further towards impact.

We’re fully owned by Small Giants, the family office of Danny Almagor and Berry Liberman.

 

Some Key Facts

The company was founded in 2013 and made its first acquisition, a $5.25 million real estate investment, in June that year. As of September 30 2019, IIG had more than $710 million in assets under management across its three primary business classes.

It employs more than 30 people, with offices in Melbourne and Sydney.

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 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, providing an IRR above 14%. 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. Kingsgate is sold in 2018, providing investors 17.9% IRR. 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. May 2018 IIG launches the Solar Asset Fund, An opportunity for wholesale investors to co-invest with IIG in an unlisted portfolio of up to $180m in Australian solar infrastructure assets, with exposure to the electricity spot market. This is the next stage in IIG’s clean energy journey, following the successful 2016 launch and delivery of the IIG Solar Income Fund. March 2019 IIG raises the capital to fund the development of Northumberland, a new pair of A-Grade green buildings on Melbourne's city fringe. October 2019 IIG launches the WA Impact Fund, anchored by a $20m commitment by WA Super - the first place-based impact investment mandate issued by a superannuation fund. November 2019 IIG announces the BOLD contract - an innovative tool for investing in purpose-driven startups. It's optimised for early stage companies and provides a financial incentive for founders to reach their impact targets.