Social impact

The impact investor hopes the government support will help attract further private investment that will help the fund to grow to some £50m.

The fund supports social enterprises and charities struggling for finance in a difficult economic climate, while also facing increased demand for their services.

The fund is targeting £200m and plans to build sustainable and affordable homes in Greater Manchester for essential workers being priced out of the region’s booming housing market.

New research offers a guide to investors on how to move away from traditional impact investing towards a more holistic approach.

The impact investor has collaborated with a social inclusion charity in Bristol to provide wrap around support for tenants in its refurbished homes.

The two investment funds will support small and medium-sized enterprises, aiming to address a funding gap which has hindered local business growth, according to the pension scheme.

The private debt specialist will provide financing to firms offering solutions in climate, health, education and other areas.

The €400m Fondo de Impacto Social (FIS) has invested €15m into the Global Social Impact Fund II which supports SME’s contributing to the economic and social inclusion of vulnerable communities in Spain.

Independent media, along with other businesses contributing to the UN SDG 16 goals of peace, justice and strong institutions are key to wider developmental aims, MDIF head Harlan Mandel tells Impact Investor. 

Chief impact officer Servane Metzger-Corrigou has been named executive director of the endowment fund, which is now expanding its efforts beyond France into the wider European region and francophone Africa.