We’re bringing experience, new models and the right collaborations to help unlock the $6 billion capital the sector needs to thrive.
Synergis Fund is managed by Social Infrastructure Investment Partners, an investment management company jointly owned by Social Ventures Australia (SVA) and Federation Asset Management (Federation).
OUR MISSION
To help scale the disability housing sector in Australia.
OUR MANTRA
To achieve excellence from building construction to community care.
OUR METHOD
Modern design, innovation collaboration and open sharing of best practice within the sector.
OUR MOTIVATION
To provide greater choice of high quality housing and care to those that need it the most.
The Challenge
Complex problems require collaborative solutions.
The National Disability Insurance Scheme (NDIS) is almost fully operational nationally.
Through the NDIS, the Federal Government has made an initial commitment of $700 million in funding for Specialist Disability Housing (SDA) annually. Appropriate housing for individuals living with a disability is a key priority for the NDIS, in particular, adults who are currently living with ageing parents and young people living in nursing homes.
Of 460,000 NDIS participants, 28,000 are estimated to be eligible for SDA support and this number is expected to grow.
16,000 people currently live in some form of SDA.
~80% will require upgrading or redevelopment within 10 years.
12,000 people currently have no access to SDA.
$5 billion capital is estimated to be needed to provide SDA for 12,000 participants to meet NDIS goals.
We exist to transform the lives of individuals through their ability to choose where and how to live.
Our vision
Our vision is that every person living with disability in Australia has access to high quality, safe, stable and appropriate homes.
We aim to set the standard for disability housing in Australia.
Sector leadership
We’re not just an investment fund, we also strive to influence the disability housing system. We understand that a strong disability housing system makes for a stronger economy and community.
That’s why we have engaged SVA to develop a rigorous outcomes measurement framework to better measure, evaluate and understand the needs of disability housing in Australia.
Joint venture partners
Federation Asset Management
Federation is an Asia Pacific private equity firm that invests across real estate, renewable energy and other sectors addressing social and economic need. We employ high ESG standards across all investments.
Federation’s senior team has long term experience working together, operating in various formats since 2011. The team is known for its investment acumen and disciplined, prudent, measured and transparent approach to investing.
A high priority for Federation is our best in class corporate governance via external trustee, finance and compliance functions.
Social Ventures Australia
Social Ventures Australia (SVA) is a not-for-profit intermediary organisation that works with partners to alleviate disadvantage – towards an Australia where all people and communities thrive.
Established in 2002, SVA influences systems to deliver better social outcomes for people by learning about what works in communities, helping organisations be more effective, sharing our perspectives and advocating for change.
The SVA impact investing team has approximately $115 million of funds under management focused on a range of sectors including, but not limited to, education, employment, social and affordable housing, family and community connections, disability, health care, aged care, child care, social services and indigenous areas.