About Lighthouse Infrastructure
Lighthouse Infrastructure is an investment firm and a fund manager focused on sustainable infrastructure investment. Based in Melbourne, Australia, Lighthouse Infrastructure has been operating since 2007 and is owned by the staff members of the firm.
Authenticity: We are true to our words and intentions and engage with integrity, passion and purpose.
Collaboration: Embedded approach across our teams, investors & stakeholders to deliver the best investment outcomes.
Respect: At all times we treat everyone with courtesy and respect. We have no tolerance for alternative approaches.
Integrity: We always strive to do the right thing and act in the best interests of all our clients.
Diligence: Fit for purpose, detail-oriented approach to mitigate risk and capture compelling opportunities.
Innovation: Fostered by a dynamic investment process and guided by the organisational culture to create value for our investors.
Our Purpose
Our purpose is to create sustainable economic value for our investors and to foster inclusive social benefits for our stakeholders, by engaging our team and infrastructure investment partnerships through collaborative innovation.Our Values
Our values represent the beliefs, philosophies and principles that drive our business. They impact the relationships we develop with our clients, partners and other stakeholders, and for our team members, they represent “the way we do things around here”. Our six core values are set out below:Authenticity: We are true to our words and intentions and engage with integrity, passion and purpose.
Collaboration: Embedded approach across our teams, investors & stakeholders to deliver the best investment outcomes.
Respect: At all times we treat everyone with courtesy and respect. We have no tolerance for alternative approaches.
Integrity: We always strive to do the right thing and act in the best interests of all our clients.
Diligence: Fit for purpose, detail-oriented approach to mitigate risk and capture compelling opportunities.
Innovation: Fostered by a dynamic investment process and guided by the organisational culture to create value for our investors.
Our Core Beliefs
Sustainability is the ability to maintain a given level of activity. Lighthouse Infrastructure relates this capacity to our investment and asset management activities by strongly believing in:
- Environmental sensitivity: humanity is challenged by resource depletion and climate change. To ensure our investments are sustainable, they must efficiently utilise scarce resources while minimising environmental impact;
- Social responsibility: infrastructure assets provide essential services to communities they serve and inform and contribute to the public good. For their activities to be sustainable, investors and asset managers must provide access to infrastructure enabled services in a fair and an efficient manner
- Economic productivity: for any activity to be sustainable it must be productive. Investment activity must provide mutual benefits to users and to owners.
Lighthouse Infrastructure invests in sustainable infrastructure assets. We analyse and apply these elements in making our investment decisions, we measure and monitor our assets for these elements, and we make asset management decisions to improve these outcomes.
At Lighthouse we believe that our sustainability focus will generate long term prosperity for:
- Our investors: through superior risk adjusted returns over the long term;
- The community: who benefit from the productivity created and services generated by the assets which we manage and in which we invest;
- Our team: who benefit from the positive impact their work has for others and the long term career prospects this generates;
- Our business: by successfully adding value to the collective needs of our key stakeholders.
Lighthouse Infrastructure believes that sustainable competitive advantage in investment management is derived from people, innovation and relationships:
- People: superior investment decisions and strategies are generated by people. Lighthouse Infrastructure seeks to attract and to retain the highest quality people to work in the firm. Lighthouse Infrastructure retains these people within the firm through a satisfying work environment and a diverse ownership of the firm by the staff;
- Innovation: financial value can be created through genuine innovation. Lighthouse Infrastructure values innovation, encouraging and supporting its team members to complete research, think creatively and devise new solutions which generate financial value for our investors. Read some of our research.
- Relationships: strategic competitive advantages and significant efficiencies can be generated by strong and trusting relationships. Lighthouse Infrastructure is selective about relationships it looks to develop and nurtures these relationships with a focus on integrity and mutual benefit.
Our Key Relationships
Lighthouse Infrastructure’s key relationships include:
Lighthouse Infrastructure has sponsored and collaborates with the Harvard Law School’s Pensions, Capital Stewardship, and Infrastructure Center activities, which look to advance the interests of long-term investments by pension funds in the infrastructure sector.
Dr Ashby Monk, Senior Advisor to Lighthouse Infrastructure, is the Executive and Research Director of the Stanford Global Projects Center at Stanford University. This is an interdisciplinary research centre that seeks to facilitate understanding of the financing, development, and governance of critical infrastructure worldwide.
Lighthouse Infrastructure associate Director, Research and Strategy, Dr Allan Wain, is the Chairman of Islamic Infrastructure Investment Platform (I3P). The I3P provides a platform for collaboration among public, private, international and academic experts to accelerate the mobilisation of Islamic finance to fund the APEC region’s infrastructure needs and to promote the expansion of cross border investments by Islamic finance institutions.
Dr Allan Wain is involved in the “OECD Framework for the Governance of Infrastructure” project. Poor governance is a major reason why infrastructure projects often fail to meet their timeframe, budget, and service delivery objectives. This framework has been developed to assist OECD policy makers in addressing the major governance challenges associated with public infrastructure projects.
Lighthouse Infrastructure is a signatory to the UNPRI. The six Principles for Responsible Investment are a voluntary and aspirational set of investment principles that offer a range of possible actions for incorporating ESG issues into investment practices. In implementing them, signatories contribute to developing a more sustainable global financial system.
Lighthouse Infrastructure is a member of the IGCC. The IGCC is a collaboration of Australian and New Zealand investors focusing on the impact that climate change has on the financial value of investments. The IGCC represents institutional investors with total funds under management of over $2 trillion. The IGCC aims to encourage government policies and investment practices that address the risks and opportunities of climate change, for the ultimate benefit of superannuants and unit holders.
CEIG strongly advocates for an efficient transition to a clean energy system from the perspective of the stakeholders who will provide the low-cost capital needed to achieve it. CEIG represents domestic and global renewable energy developers and investors with more than 11GW of installed renewable energy capacity across more than 70 power stations and a combined portfolio value of around $24 billion. Lighthouse Infrastructure is a founding member of the CEIG.
