WA Impact Fund
WA Super has teamed up with Impact Investment Group to launch WA Impact Fund, a fund which will invest in asset-based social and environmental impact investment projects. The fund has been seeded with $20 million from WA Super.
The fund will invest in social enterprises with a focus on sustainability, social mobility and inclusion and will only invest in Western Australian-based projects.
“The locally focused impact investment fund is one of the first of its kind and we are honored to be pioneering this form of investing," WA Super chief executive officer Fabian Ross said.
"We want to make a difference for all the right reasons, and to help address some of WA’s social and environmental issues whilst continuing to have positive investment returns for our members."
Currently only open to WA Super, the fund may be opened up to other investors in coming months.