2025 May NorthStar Monthly Report
We are pleased to share our May 2025 report for the NorthStar Impact Australian Equities Fund. The portfolio returned 2.16% in March, whilst the small industrials index by 4.00%.
In May, NorthStar Impact participated in three capital raisings. Notably, NorthStar supported Janus Electric’s (ASX: JNS) $8.8mn raise, to scale its truck conversion operations and “battery as a service” business model. Other raises included Wide Open Agriculture (ASX: WOA) and Proteomics (ASX: PIQ).
Co-Portfolio Manager Claudia Kwan took to the stage at the Responsible Investment Association Australasia (RIAA) 2025 Conference in a panel titled: “Bonds, credit, private equity, public equity: Pursuing impact across asset classes”.
Read the full monthly report here.