Overview
Purpose Capital is a closed-ended, vintage-structured multi-asset impact investment fund available to wholesale investors only. It targets market-rate, risk-adjusted returns alongside measurable social and environmental outcomes, deploying capital into asset-backed projects spanning property, primary industries, regenerative and organic horticulture and agriculture, employment and training, and growth-stage impact businesses. Fund 1 is closed, with a second fund anticipated to launch in 2025. The fund appears on the NZTE acceptable managed funds list under the Active Investor Plus growth category.
Fund Overview
Impact investment catalyst — wholesale investors targeting market-rate, risk-adjusted returns alongside social/environmental impact. Asset-backed projects across Property, Primary Industries, Regenerative/Organic Horticulture & Agriculture, Employment & Training, Impact Businesses (growth stage). Fund 1 closed; Fund 2 anticipated launch 2025. AIP Growth Category (NZTE 2025-10-20).
Asset Class
Multi-Asset & Diversified
Between Vintages
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Quick Info
This information is for wholesale investors only and does not constitute financial advice. All investments carry risk. Please seek professional advice before making investment decisions.
Frequently Asked Questions
What is Purpose Capital?
Impact investment catalyst — wholesale investors targeting market-rate, risk-adjusted returns alongside social/environmental impact. Asset-backed projects across Property, Primary Industries, Regenerative/Organic Horticulture & Agriculture, Employment & Training, Impact Businesses (growth stage). Fund 1 closed; Fund 2 anticipated launch 2025. AIP Growth Category (NZTE 2025-10-20).
Who manages Purpose Capital?
Purpose Capital is managed by Purpose Capital (NZBN 9429047261747). Manager registration on the Financial Service Providers Register is a legal requirement under the Financial Service Providers (Registration and Dispute Resolution) Act 2008 and does not itself constitute an endorsement.
What asset class is Purpose Capital?
Purpose Capital is classified as Multi-Asset & Diversified on Wholesale Investor NZ. Asset-class classification reflects the fund's stated investment focus per its Information Memorandum and is provided for navigation purposes only — review the IM for the full strategy and risk profile.
Is Purpose Capital evergreen or a closed-end fund?
Purpose Capital is a closed-end fund — it raises capital during a defined vintage window and runs to fund maturity. Capital is typically returned via distributions during operation and a final wind-up at fund maturity. Check whether a current vintage is open before applying.
Is Purpose Capital wholesale-only?
Yes — Purpose Capital is offered on a wholesale-only basis under Schedule 1 of the Financial Markets Conduct Act 2013. Subscription requires self-certification under one of the seven Schedule 1 pathways (typically the NZ$5M net-assets "large person" pathway or an accountant- or lawyer-signed eligible-investor certificate per Clauses 38-40). Wholesale-only funds do not publish a retail Product Disclosure Statement and do not appear on the Disclose Register.
Where can I read the IM or PDS for Purpose Capital?
Purpose Capital is a wholesale-only fund and the manager does not publish a retail-accessible Information Memorandum on Wholesale Investor NZ. Wholesale-only funds typically share the IM directly with prospective investors after a Schedule 1 self-certification under the Financial Markets Conduct Act 2013. Contact the manager to request the IM and the certification process.