Opportunities in Impact Investing
Featuring:
Hamilton Lane
Conscious Investment Management
Virescent Ventures
Aligning your investment portfolio with your values
Many investors want to use their capital to help address complex social or environmental issues – while also meeting financial objectives. To guide you, we’ve gathered three fund managers we consider to be among the best operating at the intersection of profit and purpose.
Join us for an exclusive evening as we unpack impactful investment opportunities across areas such as global private equity, social and affordable housing, regenerative carbon markets and climate venture capital. Each of our guests are managing investments generating direct, meaningful and measurable environmental or social outcomes without sacrificing investment returns.
Event details
Date: Thursday 5 December 2024
Time: 5:30pm – 7:00pm AEDT
Location: Evans & Partners Melbourne
Level 9, 171 Collins Street, Melbourne VIC 3000
RSVP: Registrations close Wednesday 27 November 2024
Light refreshments will be provided.
Meet our Fund Managers
Hamilton Lane is a leading US-based private equity manager, with a global footprint. Hamilton Lane have been investing in mission-driven companies and developing portfolio solutions for their clients since 2001, now managing in excess of US$4 billion in committed impact capital. Hamilton Lane’s impact fund series focuses on the core sectors of Healthcare, Energy & Environment, Community Development and Financial Empowerment.
Australia’s largest dedicated impact fund manager, Conscious Investment Management (CIM) have invested capital in a range of areas including social and affordable housing, specialist disability accommodation, renewable power, and social impact bonds. To date, CIM have deployed $330 million with the backing of over 750 investors and 12 impact partners who have aligned missions and expertise.
Virescent Ventures invests in founders, technologies, and businesses that help achieve zero emissions. Born out of the Clean Energy Finance Corporation, Virescent are Australia’s most experienced early-stage climate technology investor having deployed over $270 million in leading climate-tech companies.
Meet our Speakers
Jérôme Kamm
Vice President, Hamilton Lane
Jérôme is the Vice President on the Direct Equity Investment team, based in London. He works on the origination, evaluation and due diligence of direct equity opportunities, with a focus on Impact transactions, which he leads in EMEA. He sits as a board observer for several of Hamilton Lane's direct equity investments across business services, environmental & industrial technology and healthcare sectors.
Hamilton Lane operate a series of Impact Funds; Impact Fund I, the 2019 vintage fund, is fully committed across 17 investments and has generated significant impact and performance to date, including early distributions totalling 45% of invested capital. Impact Fund II, the 2021 vintage fund, is 90% committed and reserved across 19 investments, which have generated meaningful impact and a 34% median revenue CAGR across the portfolio to date. In March 2024, Hamilton Lane launched Impact Fund III targeting $600 million in total commitments. First close was completed in mid-October at $110 million with an opportunity for Australian investors to access the vehicle likely in Q125 (similar to Fund II).
Matt Tominc
CIO, Conscious Investment Management
Matt is the founder and Chief Investment Officer at Conscious Investment Management, Australia’s largest dedicated impact investment fund manager – with >$400million in committed capital. Prior to founding CIM, Matt managed the impact investment mandate of Light Warrior Group – a Melbourne-based family office, investing a significant pool of capital across a range of global strategies. Prior to Light Warrior Matthew worked in M&A advisory at Goldman Sachs.
Conscious Investment Management has been a pioneer in Australian impact markets – in particular across the social and affordable housing asset class. In Victoria, Conscious was the first-mover in private capital investment in social housing back in 2019 – and are currently developing innovative financing models around nature restoration and first nations land ownership. They currently operate an open-ended diversified impact investment vehicle (‘The Impact Fund’) and are reaching final close on their second social housing fund (‘CIM Social Housing Fund 2’) which has in excess of $110m in commitments.
Ben Gust
Managing Partner, Virescent Ventures
Ben has more than 20 years’ experience in venture capital, including as Managing Director of GBS Venture Partners, one of Australia’s leading lifescience venture capital firms.
Virescent recently reached a $100m first close of their second climate technology investment fund with some of Australia’s largest public and private institutions investors in the new fund, including cornerstone investors Westpac and the Clean Energy Finance Corporation (CEFC). Fund II builds on the success of Fund 1 ($270m committed) which has generated ~24% gross IRR since January 2018 (6 years) across 34 investments.
Disclaimer
This information was prepared by Evans and Partners Pty Ltd (ABN 85 125 338 785, AFSL 318075) (“Evans and Partners”). Evans and Partners is a wholly owned subsidiary of E&P Financial Group Limited (ABN 54 609 913 457) (E&P Financial Group) and related bodies corporate.
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