ClearlySo, Europe’s leading impact investment bank, announced today that Octopus has taken a 12.3% stake in the company as part of a £1.25 million growth funding round.
Octopus, a fast-growing UK fund management company and the largest provider of venture capital trusts (VCTs) in the UK, will become the largest single institutional investor in the firm and Octopus Co-Founder Chris Hulatt will join the ClearlySo board as a non-executive director.
A new £15 million challenge prize has today been launched to catalyse private sector demand for social investment in the UK. The Business Impact Challenge, launched by social investment bank Big Social Capital, is looking for the best idea for a high-impact investment that generates strong business and social value in the UK.
Cheyne Capital Management (UK) LLP (“Cheyne Capital”), one of Europe’s leading alternative investment managers, has launched the Cheyne Social Property Impact Fund (“the Fund”) to help tackle the chronic shortage of housing solutions for disadvantaged groups in the UK.