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.
The Community Investment Coalition (CIC) has welcomed a new report from Coventry University and Newcastle University that analyses the data released through the new bank lending data disclosure framework for the first time. The research was commissioned by Big Society Capital, Citi, Community Investment Coalition (CIC) and Unity Trust Bank.
Charities and social enterprises are set to benefit from an innovative new £30 million fund launched today, which paves the way to attract game-changing levels of commercial finance to grow the sector.
Social investment could play a leading role in alleviating the crisis faced in social care for older people, but urgent action is needed to make this happen, says a new report released today by Age UK and Big Society Capital.
Nick O’Donohoe, Chief Executive Officer of Big Society Capital, committed to launching a new corporate Challenge Prize on Wednesday 24 September, at the Clinton Global Initiative Annual Meeting in New York.
This letter is submitted jointly by the British Private Equity and Venture Capital Association (BVCA) and Big Society Capital (BSC). It not only complements our respective submissions to the consultation, but demonstrates the increasing cooperation between the social and venture capital investment communities, facilitated by both our organisations.
Rathbone Investment Management (‘Rathbones’), a leading provider of discretionary investment services to individuals, charities and trustees, confirms its appointment as manager of the Charity Bond Support Fund (‘The Fund’). The Fund is a £10m investment commitment from Big Society Capital designed to help Charity Bond issuers to raise capital by encouraging both issuers and investors into the Charity Bond market.
A group of leading experts in social investment from the UK have today set out their vision for the next stages of development of the social impact investment market in the UK. The report 'Building a social impact investment market: The UK experience' is part of the culmination of a year's work, following the launch of the Social Impact Investment Taskforce under the UK's presidency of the G8 in 2013.
High net worth individuals face missing out on the benefits of the new Social Investment Tax Relief because their advisers do not know enough about it, a poll commissioned by Big Society Capital has found.
Local Partnerships launches Technology Spin-out Fund to support public sector spin-outs
A new £6 million initiative announced today will enable public sector spin-outs access to loans of between £250 thousand and £1 million for investment in technology to improve services in health and social care.
Scotland’s leading funder for the third sector, Social Investment Scotland, has secured a £16M in principle matched investment commitment from Big Society Capital and the Scottish Government to create a Social Growth Fund for Scotland.
Big Society Capital has made its largest ever single investment – up to £14.5m of ordinary shares in Charity Bank in three successive tranches between 2014 and 2016. The first tranche of £4.5m has been invested following receipt of all requisite regulatory and shareholder approvals.
Big Society Capital, the world's first social investment bank, today welcomes the commitment made by the Chancellor, the Rt Hon George Osborne MP, in his Budget to set the rate of social investment tax rate relief at 30%.
The FSE Group has today unveiled The Social Impact Accelerator Loan Scheme (‘SIA’), supported by initial investment from Big Society Capital. Flexibly structured loans of between £250,000 and £1,000,000 will be provided to regulated social sector organisations to support their expansion strategies.
Developing Empowering Resources in Communities (DERiC) and Big Society Capital (BSC), the social investment bank, today announced the launch of an innovative programme to utilise personal care budgets which will greatly improve existing service levels for people with social care needs through community engagement.