For Purpose
Investment Partners

Social Impact +

Business Discipline

In the face of increasing demand for social enterprise and infrastructure solutions to support Australian communities, For Purpose Investment Partners was established with the support of M.H. Carnegie & Co. to invest in projects and organisations that deliver strong and long-term positive social outcomes.

Impact Pioneers

We have been at the forefront of social change and impact investment in Australia

Deeply Experienced

We draw from deep experience across both social and business sectors through both our team and our broad networks

Partnership Approach

We adopt a collaborative approach with our partners to establish creative models of generating social and financial returns

Purpose Driven

As a for purpose, not-for-profit investment manager, we are deeply aligned with the social objectives of our investments

WHY US

WHO WE ARE

Michael Traill AM

Executive Director

Chris Yoo

Executive Director

Andrew Thorburn

Executive Director

Don Luke

Chair

Wendy McCarthy AO

Non-Executive Director

Mark Carnegie

Non-Executive Director

Michael Traill AM

Michael founded Social Ventures Australia in 2002, after 15 years as a co-founder and Executive Director of Macquarie Group’s private equity arm, Macquarie Direct Investment. Having stepped down as CEO of Social Ventures in 2014, Michael currently has a range of primarily social purpose Chair and board roles including Chair of Goodstart Early Learning, Director of Hearts & Minds Investments, Director of M H Carnegie & Co, Sunsuper and Member of the Council of the National Museum of Australia.

Michael is the author of ‘Jumping Ship – From the world of corporate Australia to the heart of social investment’ which won the prestigious Ashurst Business Literature Prize. The book reflects on his personal and professional journey and has been a widely acclaimed manifesto for change and action in the social purpose sector. In 2010 Michael was made a member of the Order of Australia in recognition of his services to non-profit organisations.

Michael holds a BA (Hons) from the University of Melbourne and an MBA from Harvard University.

Chris was previously a Partner at a leading Australian private equity firm, Crescent Capital Partners. Chris was previously a Principal with Bain Capital and a strategy consultant with Bain & Company.

Chris is currently the Chair of the Refugee Advice & Casework Service (RACS), Australia's oldest and largest asylum seeker and refugee community legal centre.

Chris has held numerous corporate directorships, in particular across the healthcare sector, and holds a Bachelor of Laws and Bachelor of Engineering from the University of Sydney.

Andrew Thorburn

Andrew most recently served as CEO of National Australia Bank from 2014 to 2019. Prior to this role Andrew served as CEO and Managing Director of BNZ for six years. Andrew has held senior management positions at ASB, St George Bank and Commonwealth Bank and holds a Bachelor of Commerce (Economics) from University of Auckland, a Diploma in Marketing from Chartered Institute of Marketing UK and an MBA from the University of Durham, UK.

Wendy McCarthy AO

Wendy began her career as a secondary school teacher. She moved out of the classroom into public life in 1968 and has since held many significant leadership roles including eight years as Deputy Chair of the Australian Broadcasting Corporation, ten years as Chancellor of the University of Canberra, and 12 years of service to Plan Australia as Chair, with three years as Global Deputy Chair for Plan International.

In June 2016 she completed eight years as Chair of Headspace National Youth Mental Health Foundation Ltd. Wendy currently chairs Circus Oz and is a Non-Executive Director of IMF Bentham.

In 1989 Wendy was appointed an Officer of the Order of Australia for outstanding contributions to community and women's affairs.

Mark has more than 30 years of experience as an entrepreneur, investor and corporate adviser in New York, London and Sydney. He co-founded leading Australian boutique corporate advisory and private equity firm Carnegie, Wylie & Co with John Wylie in 2000. In 2011 Mark established MH Carnegie & Co.

Mark was the Australian/Asian representative of Hellman & Friedman for much of the 1990s. Mark has been a participant in groups that have acquired major stakes in the Courage Pub Estate, John Fairfax Holdings, Hoyts Cinemas, Formula One Holdings, SCTV, Macquarie Radio Network and Lonely Planet Publications.

Mark holds a BA from Oxford University and a BSc (Hons) from Melbourne University.