Rātā Foundation invests about $5m into Global From Day One

12.7.2022
Media

"Innovation doesn't stop for a recession" -  @ john kells


We couldn't agree more John! The GD1 team are beyond excited to welcome the Rata Foundation, one of Aotearoa New Zealand's largest philanthropic funds to our Fund 3 LP community. 


The Rata Foundation invests in the future. Their purpose is to empower, support, and encourage whanau and communities to thrive. Since their inception, they have distributed over $550 million to help people and our environment!


What makes this a great partnership?

  1. Global exposure and growth opportunities
  2. Alignment and focus on ESG values
  3. We both make people and relationships at the heart of our business


In the article, Rata outlines what attracted the Foundation to GD1, - "making people and relationships at the heart of its business" was a driving factor. 

“The other thing we liked about it is that we wanted to get a global exposure through a New Zealand-domiciled vehicle and that whole thesis around looking to go global from day one was aligned with what we wanted to see.”

A massive thank you to Fiona for the fantastic NBR writeup and to Leighton and the Rata team for their kind words. We are excited to see how the global success of our companies brings greater returns and positive social and environmental impacts to our local communities. 


Read the full article here. 

Written bY
NBR (National Business Review)

Blogs

Subscribe to
Bigger Ideas.