For Purpose Investment Partners

What For Purpose Investment Partners does

For Purpose Investment Partners (FPIP) is a not-for-profit, registered charity that operates as an Australian social impact investment fund manager, mobilising private capital and capabilities into sizeable social-sector businesses in aged care, disability services, skills education, specialist disability accommodation (SDA) and social/affordable housing. Founded in late 2018 by Michael Traill AM and Mark Carnegie and modelled on the Goodstart Early Learning transaction (which delivered a 12% annual return over eight years under Traill's leadership at Social Ventures Australia), FPIP manages approximately $200m across its committed Social Impact Fund I ($73m first close in December 2021 from over 100 unique investors) and co-investment vehicles, with institutional commitments from Qantas Super ($75m) and Australian Ethical ($30m), and a $260m senior debt social loan facility from NAB, CBA and Bank Australia.

The firm's core "technology" is its proprietary For Purpose Flywheel Investment Model — a not-for-profit holding structure and seven-step impact measurement framework co-developed with Social Ventures Australia — through which FPIP acquires, builds and operates a portfolio of vertically organised platforms: For Purpose Aged Care Australia (FPACA, 2,150+ residential beds across Victoria, NSW, Queensland and WA with ~600 in development), FP Ability (Able Foods and Tender Loving Cuisine, delivering 24,000+ NDIS and aged-care meals per week), For Purpose Education (formerly Catalyst Education plus ARC Training, 4,100 learners in FY25), and SDA/housing partnerships (BlueCHP Housing, Summer/Liverty Housing, Beacon Hill). Management fees are sized to cover costs only, reflecting the not-for-profit structure and ensuring full alignment between operating partners and wholesale investors (super funds, ethical managers, foundations, HNW individuals). FPIP distributes via direct capital raising from institutional and family-office networks, conferences and thought-leadership content, with portfolio companies delivering end services directly to residents, NDIS participants and students across Australia.

Name

For Purpose Investment Partners

Legal name

For Purpose Investment Partners

Website

https://fpinvest.com.au

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Social Impact Investment Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG)

akta.pro secondary industries

Impact Investing (Intentional, Measurable Social/Environmental Outcomes) (FSAAALAC), Social Impact & Inclusive Finance Funds (FSANAJAH), Private Sector & Blended Finance Arms (IFC-type) (BPADACAJ)

Keywords

• Social impact investing
• Aged care investment
• Disability services investment
• Vocational education investment
• Affordable housing investment

Headquarters

HQ city

Darlinghurst

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Fund Management Fees: Management fees sized to cover costs only, reflecting the not-for-profit status. Fees support operations while ensuring complete alignment with operating partners and investors.
2. Social Impact Fund I Investment Returns: Returns from investments in portfolio companies across aged care, disability services, skills education, and social housing. Delivers appropriate risk-adjusted financial returns to investors while generating social impact.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

For Purpose Investment Partners is a not-for-profit social impact investment fund manager that raises capital from institutional investors, family offices, foundations, and high net worth individuals to deploy into Australian social-sector businesses across aged care, disability services, skills education, and social housing. The firm manages the Social Impact Fund I ($73 million raised in December 2021) and operates three investment platforms — For Purpose Aged Care Australia, FP Ability, and For Purpose Education — alongside direct portfolio investments in aged care providers, meal delivery businesses, and vocational training organisations. Management fees are sized to cover costs only, reflecting its not-for-profit registered charity status.

Product overview

For Purpose Investment Partners is a not-for-profit social impact investment fund manager that operates as a platform of investment funds and portfolio platforms. The core offering consists of the Social Impact Fund I as the flagship committed fund, supplemented by three investment platforms: For Purpose Aged Care Australia (aged care platform with 2,150+ beds), FP Ability (disability services platform including Able Foods and Tender Loving Cuisine meal delivery businesses), and For Purpose Education (skills education platform with three RTOs). The portfolio also includes direct investments in aged care providers (Luson, Signature Care), disability services (BlueCHP Housing, Summer Housing), and education (ARC Training). All investments target social sector businesses with the goal of delivering both appropriate risk-adjusted financial returns and measurable positive social outcomes.

Differentiator

Problem solved

Functional benefit

Brands

• For Purpose Aged Care Australia (FPACA): National aged care platform operating residential aged care facilities under unified not-for-profit structure
• For Purpose Education
• FP Ability
• Social Impact Fund I
• BlueCHP Housing

Products and services

• Social Impact Fund I FPIP's flagship committed fund that invests in social sector businesses delivering both financial returns and measurable social impact across aged care, disability services, skills education, and social housing. Targeted at wholesale investors under Section 761G/761GA of the Corporations Act 2001.
• For Purpose Aged Care Australia (FPACA) A national aged care investment platform operating over 2,150 residential aged care beds across Victoria, NSW, Queensland, and WA, with approximately 600 beds in development. Combines mission-driven values with commercial efficiency to deliver quality care and measurable social outcomes for elderly Australians.
• FP Ability FPIP's disability services investment platform comprising specialist meal delivery businesses Able Foods and Tender Loving Cuisine, focused on providing nutritious meals to NDIS participants and aged care clients. The platform delivers over 24,000 meals per week across Australia.
• For Purpose Education (formerly Catalyst Education) Skills education investment platform operating three Registered Training Organisations (Selmar Institute of Education, Practical Outcomes, and ARC Training), delivering accessible vocational training across early childhood education, aged care, disability support, health, and community services. Supported 4,100 learners across four states and territories in FY25, with 85% of completed learners improving employment position versus a 65% industry average.

Quantifiable outcome

• Goodstart Early Learning delivered 12% annual financial return over 8 years
• +3 more outcomes

Named customers8 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core.

• Social Ventures AustraliacoreStrategic or Co-development Partner · 1 January 2025Developed the seven-step impact measurement process alongside FPIP. Organisation where Michael Traill previously served as founding CEO.
• Anglican Church Growth CorporationcoreStrategic or Co-development Partner · 1 July 2023Partnership to develop Specialist Disability Accommodation on under-utilised church land. Landowner for Beacon Hill SDA project on Sydney's northern beaches.
• Sustainable Development Group (SDG)coreStrategic or Co-development Partner · 1 July 2023Mission-driven development and advisory organisation that redevelops excess land of faith-based organisations. Partner in Beacon Hill SDA development.
• BlueCHPcoreStrategic or Co-development Partner · 1 July 2020NSW-based Tier 1 Community Housing Provider and development partner for Specialist Disability Accommodation. Partnership builds on BlueCHP's Hunter Residences Program experience with tenant-led SDA development approach.
• Summer Housing / Liverty HousingcoreStrategic or Co-development Partner · 1 July 2020Partnership on behalf of Paul Ramsay Foundation and Conscious Investment Management to purchase 72 SDA apartments in 7 properties for people with disability.

Scale indicators9 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Acumen: Global impact investment pioneer operating impact funds across multiple geographies and sectors. Comparable impact investing mission and LP structure, though Acumen's geographic and sector scope is broader and primarily focused on emerging markets.

Emerging players

• Pollination: Australia-based climate and impact advisory and investment firm. FPIP Managing Director Victoria Adams previously led social infrastructure at Pollination-adjacent CEFC role. Overlaps in social/climate infrastructure investing with comparable institutional client base.

Direct peers

• Conscious Investment Management (CIM): Australian impact investment manager operating The Impact Fund, with co-investment relationship alongside FPIP and Paul Ramsay Foundation in SDA transactions. Direct peer in the Australian impact fund management market with shared LP relationships and social infrastructure focus.
• Brightlight: Australian impact investment advisory firm. FPIP Investment Director Karen Ng previously worked at Brightlight. Comparable scale, mission, and operating model in Australian impact investing ecosystem.
• Australian Impact Investments: Australia's first dedicated impact investment intermediary, raising wholesale impact investment funds and deploying into social and environmental enterprises. Closest direct peer in the Australian impact fund management landscape with overlapping investor base and mission alignment.
• Bridges Fund Management: UK-based impact investment fund manager with sustainable private markets strategies spanning private equity, private credit, and real assets. Closest international peer to FPIP in fund structure (impact PE targeting social/environmental outcomes with institutional LPs).
• Kois Capital: Australian impact investment advisory firm structuring deals at the intersection of social impact and commercial returns. Comparable in investor base (ethical funds, foundations) and deal structuring approach, including blended finance with government partners.
• Social Ventures Australia: Australian impact investing intermediary and FPIP's earliest collaborator (developed the seven-step impact measurement framework with FPIP). Michael Traill was founding CEO of SVA. Operates in adjacent impact advisory and social enterprise support space, raising and deploying philanthropic and impact capital in similar social sectors.
• Social Enterprise Finance Australia (SEFA): Australian impact-focused financier providing debt and equity to social enterprises. Overlaps with FPIP's social infrastructure thesis and shares investor pool (foundations, HNW, institutional). Provides complementary capital structures in similar social sectors.

Others

• Paul Ramsay Foundation: Major Australian philanthropic foundation that supported FPIP's establishment in 2018 and remains a core capital partner. Functions as both LP and ecosystem participant; not a competitor but a closely aligned ecosystem partner with shared impact thesis.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/for-purpose-investment-partners

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about For Purpose Investment Partners