The family behind AC/DC’s founding music label has launched a new impact investing fund, with the Alberts dedicating $16 million of their net worth to early-stage start-ups in the fields of music and entertainment, mental health, environment and sustainability and equality.
The fifth generation of the Albert family decided to launch Alberts Impact Capital after it reviewed its portfolio of investments and decided it wanted to have a greater focus on having a positive impact on society.
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Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com
