ImpactConnect 1:1 will take place at the Impact Investment Summit. In a new format, it offers pre-arranged one-on-one meetings between investment managers and businesses, with sophisticated, wholesale and institutional investors, during the summit. In this series we’re introducing the funds and the business leaders presenting at the event, so stay tuned.
Impact Fund name:
Dragonfly Impact Growth Fund, from Dragonfly Enviro Capital
Asset class of your fund:
Growth Capital
Investment minimum:
$250,000
What impact themes are you targeting with this fund?
Our investments seek to address climate change through a number of channels. We’re focused on reducing carbon emissions, as well as reducing waste and pollution, and repairing and rehabilitating the biodiversity of key natural assets.
What are the key returns drivers of your strategy?
The key driver is impact returns, without compromising commercial returns.
We believe that in order to address climate change and improve the health of people and the planet we need impact investment products to be best-in-class investments.
The transition has begun and there are huge opportunities to invest in breakthrough solutions, there’s no longer any room for compromise.
Can you share a case-study or example of an asset in your fund?
Pacific Bio is an exciting company that provides aquaculture and bio-remediation technology all driven by a need for more sustainable water and food systems.
They’re developing new solutions to wastewater management, plant nutrition and sustainable aquaculture, as well as harnessing the power of algae to restore water and grow seafood sustainably.
We’re proud to back the team, recognising the growth potential for their innovative solutions.
When did you first discover impact investing?
Dragonfly was founded in 2017 as a pure impact investment company.
It is underpinned by our founder Nigel Sharp’s deep knowledge of natural capital assets and high-impact investing that has been developed over 30 years; in fact, he’s been working on solutions longer than the modern version of the term ‘impact investing’ has been in use.
Our CEO Adam Tucker, whilst having a career spanning 17 years, moved 100% into impact investment focus around 5 years ago.
What’s the most interesting development you’re seeing in the impact space at the start of 2023?
There is a tremendous groundswell of consumer and regulatory push towards high-impact solutions that are addressing climate change and improving the health of our planet and of humanity.
To us, it’s really just the beginning of a major shift in how capital is invested. This will lead to a greater velocity of capital into the sector, and the potential for rapid positive change for the betterment of our planet and its inhabitants.
What was not so long ago a fringe investment class has rapidly become mainstream and is now considered an essential part of an investment portfolio.
Not financial advice. ImpactConnect is for sophisticated investors only. This is defined as an investor who has had a gross annual income of $250,000 or more in each of the previous two years or has net assets of at least $2.5 million, as prescribed by the Corporations Regulations 2001.