We are excited to formally announce our SDA partnership, BlueCHP Housing, in conjunction with the National Housing Finance and Investment Corporation (NHFIC) and community housing provider BlueCHP. For Purpose (through our Social Impact Fund I) and NHFIC have each committed $20m in funds to the partnership which will go towards building Specialist Disability Accommodation.
The first stage of the project is expected to comprise a minimum of 11 homes to accommodate 17 SDA-eligible residents across development sites in Boolaroo, Ryde, Rydalmere and Lane Cove in NSW. BlueCHP will develop the homes and maintain the facilities on a long-term basis. BlueCHP’s unique 7 Step ‘Guide You Home’ process works with families and carers to ensure the homes are designed and fitted out with features that will enable residents to live more independently and that will assist with the delivery of support for residents with extreme functional impairment or very high support needs. There will also be onsite overnight assistance for all residents.
The second property built under this partnership and the first developed with tenant input through the unique 'Guide You Home' process, is a two bedroom home in Rydalmere which was officially opened by Federal Minister for Housing, Homelessness & Small Business Julie Collins on 5 December 2022, with representatives of each of the partners in attendance. The property is designed to suit the needs of the two young men, who will be calling the property home for the long term. The house is built to the Robust standard of SDA, which is for NDIS participants who have acute behavioural challenges. This follows the first property built in Boolaroo, Lake Macquarie which was completed and tenanted earlier this year.
For Purpose Investment Partners Executive Director Tim Shaw said: “This is an important step for FPIP and in growing our portfolio in housing and social infrastructure. We are proud to be working with SDA specialist BlueCHP and with NHFIC, whose support and ability to provide senior debt is a crucial consideration for us.”
BlueCHP CEO Charles Northcote said: “This is an important step in the provision of disability housing. SDA housing requires long-term investment partners, and we welcome the continued support of NHFIC. BlueCHP has been Australia’s leading developer of SDA housing over the past four years and is seeking to provide 1,250 disability places over the next 5 to 7years.”
NHFIC CEO Nathan Dal Bon said: “We are pleased to support new specialist disability accommodation in our first SDA partnership with BlueCHP. Collaborating with value-aligned social impact financiers like For Purpose Investment Partners enables us to deliver more housing for Australians with specialist needs.”
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For Purpose Aged Care Australia has officially launched its new national brand, retiring the Luson and Signature Care names and unifying under one clear, purpose-led identity. As a leading national residential aged care provider, the rebranding exercise was driven by a need to consolidate the two existing entities into one brand with one mission — boldly stating our fundamental intent: to deliver exceptional care & meaningful ageing.
This is not just a name change — it is a defining moment for one of the country’s largest and fastest-growing not-for-profit aged care providers. With over 2,000 aged care beds under management and more than 800 new beds in development, For Purpose Aged Care is expanding access to high-quality aged care across Australia, particularly in underserved regional areas.
“Our new identity signals a clear commitment to who we are and why we exist,” said Group CEO Matthew Filocamo. “We are uniting under one name to better reflect our shared values and intent — to create communities that set the standard in aged care.”
Coinciding with the rebrand is the launch of For Purpose Aged Care’s new website: FPAgedCare.org.au. The platform offers a fresh, intuitive interface for families, residents, and staff to engage with the organisation, access services, and explore the story behind the new brand.
A Model Built on Measurable Social Impact
As a not-for-profit backed by For Purpose Investment Partners, a social impact investment fund, For Purpose Aged Care stands apart from traditional aged care operators. The organisation combines mission-driven values with the scale and efficiency of a high-performing commercial enterprise. Its unique model — where financial sustainability is aligned with measurable social outcomes — is externally verified and supported by institutional investors Qantas Super and Australian Ethical.
“Our structure allows us to invest meaningfully in our workforce, our residents, and the technology that improves care,” said Filocamo. “This isn’t just good for business — it’s good for Australia.”
For Purpose Aged Care has already delivered measurable results: increasing RN hours by 30%, reducing serious incidents to less than one-third the industry average, and reducing external complaints to one-quarter the industry norm.
“Our name may have changed, but our commitment to each resident and community remains steadfast,” Filocamo said. “We are building something bigger than just a brand — we’re building a movement to redefine aged care in Australia.”
Media Contact:
Communications Team
Phone: 0405 306 414
Email: Michelle.Moore@fpinvest.com.au
Website: https://fpagedcare.org.au
Catalyst Education Pty Ltd and For Purpose Investment Partners (FPIP) are proud to announce the acquisition of ARC Training, a NSW-based Registered Training Organisation (RTO) with a strong track record in aged care, disability care, and business training. This acquisition strengthens Catalyst’s ability to deliver high-quality, learner-focused education and ensure a well-trained workforce for Australia’s most vital care sectors.
"At Catalyst Education, we believe that education has the power to change lives. By welcoming ARC Training into our group, we are expanding our ability to support more learners, empower more communities, and provide greater opportunities for those pursuing careers in the care sector," said David Barnett, Chair of Catalyst Education. "This acquisition enhances our capacity to deliver high-quality, accessible training that equips people with the skills they need to make a real difference."
With this expansion, Catalyst Education is better positioned to support the increasing demand for skilled workers in the care industry. “I am grateful that Catalyst Education will be the new owner and steward [of ARC Training]. Our organisations have very similar vision and values, and I can see the group growing stronger together into the future”, said Cameron Ryan, previous CEO of ARC Training.
By integrating ARC Training’s expertise and reach with Catalyst’s existing RTOs - Selmar Institute of Education and Practical Outcomes, more learners will have access to nationally recognised, industry-aligned education that leads to meaningful employment.
"This acquisition is not just about growth - it’s about impact. The care sector relies on passionate, well-trained professionals, and we are committed to equipping learners with the knowledge, skills, and confidence to succeed in these critical roles," David added.
Executive Director of FPIP, Michael Traill said “Skills education is vital to the social sectors where we seek to make a difference through impact investment, including aged care and early childhood education and care. We are building impact at scale with a platform of aligned businesses and the combined strength of ARC Training and Catalyst Education means we will reach more learners and employers in the vital markets of NSW, SA and the ACT while generating long-term value for investors.”
This acquisition represents a shared commitment to ensuring that the care and education sectors continue to thrive and evolve. As part of Catalyst Education, ARC Training will continue to combine purpose with action, working to drive workforce development, strengthen communities, and create lasting impact. We are excited for the future and look forward to what lies ahead as we work together to create a stronger, more connected Australia.
For Purpose Investment Partners (FPIP) are delighted to announce the appointment of Robert Blackwell as Executive Chair of FP Ability, an investment platform comprising of specialised meal delivery businesses Able Foods and Tender Loving Cuisine (TLC).
Mr Blackwell brings to the businesses an extensive background of successful leadership with world-class corporations, including in the fast moving consumer goods sector. More recently, he has been particularly focused on roles working in partnership with executive teams to transform and grow organisations to their potential.
“We have been especially impressed with Rob’s alignment with the For Purpose Investment Partners mission of social impact by applying business disciplines for social purpose” said Michael Traill, Executive Director of FPIP. “Rob will be working closely with CEO Spencer Ratliff and the Able Foods and TLC management teams through a pivotal time of growth and transformation. We welcome Rob to the FPIP portfolio and we are looking forward to working together as Able Foods and TLC grow their mission of providing high quality, nutritious food across the aged care and disability sectors.”
Mr Traill continued “We also wish to thank and recognise the inaugural Chair Paul Robertson AO for his significant contribution to the establishment and strategic growth of the FP Ability platform, and his invaluable experience in steering the board. Paul has been part of the succession planning to welcome Rob, ensuring future success for FP Ability – a mark of his enduring leadership and character.”
For Purpose Investment Partners acknowledges and pays respect to the past, present and future Traditional Custodians and Elders of this nation and the continuation of cultural, spiritual and educational practices of Aboriginal and Torres Strait Islander people.
We believe that diversity, equity and inclusion at For Purpose Investment Partners are critical in our efforts to create significant social impact. Diversity in the team allows us to better represent the diversity of thought and experiences of the communities that we are aiming to serve, promotes a healthy and thriving working environment, and delivers innovative and sustainable outcomes for our communities, our people, our investors and our partners.
