PLUS: Blue Impact Fund first of its kind in UK; Germany's EIF-backed social innovation fund; Bain Capital raises $800m for second impact investing fund; Los Angeles' Everytable raises $16m in Series B round; and more.
The UK’s social investment wholesaler will initially focus on housing, debt and outcomes funds in a £100m raise for the publicly listed investment trust.
Alternatives to traditional bank lending have scaled 20-fold to £3,388m from £169m in just eight years, with property funds and non-bank lending on the up, reveals annual market update from the UK’s impact investing wholesaler.
Three months after the first-ever major review of Big Society Capital's work, the interim CEO says the priorities now are communicating better, influencing government and addressing a culture that can be off-putting to outsiders.
With a third of the world’s adults still unbanked, the work of credit unions remains as relevant as ever – and their true impact on communities and the public purse may be significant, as two recent social value analyses demonstrate.
Scotland’s first social enterprise letting agency signs largest deal to date from Social Enterprise Investment Fund II, allowing Impact Ventures UK to exit three years ahead of plan.
Managing mental health has become big business. Pioneers Post explores some tech-based solutions designed for the masses, and the role of social enterprise in the UK’s £21m market.
To-do list for new CEO at Big Society Capital sets out plans for ambitious growth, better communications, more flexible finance and action on diversity – quadrennial review highlights key successes, failings and challenges ahead.