Sticky investment for Pathfinder
The trend for KiwiSaver managers to move into private equity investment in search of higher returns continues.
Pathfinder has taken part in a $1.5 million capital raise by innovative early-stage Kiwi company Wool+Aid, which produces plasters made from wool.
Pathfinder chief executive John Berry says investments like this are about more than just making good money. “We believe a large number of Kiwis want KiwiSaver investments at the intersection of what’s good for the planet as well as what makes good financial returns.”
The Wool+Aid investment adds to its existing unique and impactful KiwiSaver investments including Sir John Kirwan’s technology driven mental health app (Mentemia), large scale solar in New Zealand (Lodestone), community housing projects (Community Finance), microfinance for women in South-East Asia (Women’s Livelihood Bond) and the tech-based democratisation of investing (Sharesies).
Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.
You will also be able to comment on articles on Good Returns.
![[The Wrap] What the heck is happening at the FMA?](https://goodreturns.publit.io/file/c_fill,w_300,h_200/a6c3bc06-6401-44de-96e2-286c090e132d.jpg)
