Foundations should do as the Kleissners do, America's pioneers of 100% impact investment, and invest their assets to create social value, says a new report launched today by New Philanthropy Capital.
Key steps to releasing $1 trillion into the social investment market were announced today as the G8 Taskforce on Social Impact Investment, chaired by Sir Ronald Cohen, launched its concluding report.
What does responsible capitalism look like and how can the social investment market be scaled to create more impact? These were some of the big issues up for debate at Good Deals 2014 – the UK's leading social investment conference.
The chancellor George Osborne plans to raise threshold for eligible investments in social enterprises to £5m a year under social investment tax relief.
Threadneedle Investments today announced that Warwickshire County Council will invest £40 million into its Social Bond Fund. The fund's progress could be key to helping a mainstream culture of social investment emerge in the UK.
The G8 social investment taskforce will report next week. At SOCAP, the world's biggest social invesment event, taskforce chair Sir Ronald Cohen says governments hold the key to helping social investment take off like venture capital.
The UK government accelerates its efforts to grow the social investment market, as a report finds that financial services law shuts out retail investors.
