Share

Deutsche Bank launches £10m social investment fund

Deutsche Bank launches £10m social investment fund
News

Deutsche Bank launches £10m social investment fund

Fundraising | Celina Ribeiro | 7 Nov 2011

Deutsche Bank has become the first investment bank to launch a UK social investment fund, in a move it predicts could help create a whole new asset class.

The bank today announced its £10m Impact Investment Fund which will act as a fund of funds, working with portfolio managers to invest in social projects which have a financial return. Deutsche Bank said that the launch of the fund could help establish the UK as a social investment “hub”, and “pave the way for a new asset class”.

The fund will seek out social businesses with growth capacity, and plans to invest in such businesses over the next three years and more than cover its outlay in ten years. At launch, the bank identified preventative health treatment, long-term care and rehabilitative skills and training as possible areas of investment. Bankers will also be released to advise social entrepreneurs on their business.

Colin Grassie, chief executive of Deutsche Bank UK, said, “Deutsche Bank will help to create a new asset class that we hope will attract a wide range of investors and deliver a significant amount of money to social enterprise.

“We believe that with sufficient backing from financial institutions prepared to invest not just with money but time and skills as well, a new sector of socially responsible businesses can emerge.”

The move comes just a week after charity Scope launched its own social bond and only months after the minister for civil society Nick Hurd indicated he expected commercial players to start to take an interest in the social investment field. 

Comments

[Cancel] | Reply to:

Close »

Community Standards

The civilsociety.co.uk community and comments board is intended as a platform for informed and civilised debate.

We hope to encourage a broad range of views, however, there are standards that we expect commentators to uphold. We reserve the right to delete or amend any comments that do not adhere to these standards.

We welcome:

  • Robust but respectful debate
  • Strongly held opinions
  • Intelligent relevant discussion
  • The sharing of relevant experiences
  • New participants

We will not publish:

  • Rude, threatening, offensive, obscene or abusive language, or links to such material
  • Links to commercial organisations or spam postings. The comments board is not an advertising platform
  • The posting of contact details for yourself or others
  • Comments intended for malicious purpose or mindless abuse
  • Comments purporting to be from another person or organisation under false pretences
  • Gratuitous criticism, commentary or self-promotion
  • Any material which breaches copyright or privacy laws, or could be considered libellous
  • The use of the comments board for the pursuit or extension of personal disputes

Be aware:

  • Views expressed on the comments board are left at users’ discretion and are in no way views held or supported by Civil Society Media
  • Comments left by others may not be accurate, do not rely on them as fact
  • You may be misunderstood - sarcasm and humour can easily be taken out of context, try to be clear

Please:

  • Enjoy the opportunity to express your opinion and respect the right of others to express theirs
  • Confine your remarks to issues rather than personalities

Together we can keep our community a polite, respectful and intelligent platform for discussion.

Free eNews

Charity trustees feel alienated by social investment, says charity CEO

30 Sep 2014

Social investment is not reaching its potential because trustees feel "alienated" by the language used,...

Crime Reduction Initiatives doubles income in five years

30 Sep 2014

Crime Reduction Initiatives (CRI) has reported income last year of £116.8m, its highest-ever revenue...

Social Investment Business chief says Hurd was "moved" from ministerial post

29 Sep 2014

The chief executive of the Social Investment Business published a tweet on Saturday night shortly after...

New minister says a few words at Tory Conference

30 Sep 2014

The charity sector is "enormously important to the Prime Minister" personally, the new minister for civil...

Shawcross: The Charity Commission is not ‘targeting’ Muslim charities

30 Sep 2014

William Shawcross has insisted that the regulator is not “disproportionately” focusing on Muslim charities,...

Tory MP targeted by Newmark honeytrap reporter will complain to Ipso

29 Sep 2014

A Conservative MP who was targeted by the same freelance reporter that ended Brooks Newmark's ministerial...

JustGiving page for Manchester Dogs’ Home receives four donations a second

15 Sep 2014

JustGiving has said that donations going to an appeal for the Manchester Dogs’ Home following an arson...

Commission's new online charity search to launch soon after delay

15 Sep 2014

The Charity Commission’s searchable online register of charities is due to launch in beta this autumn,...

Charities warned that digital campaigns can be 'counterproductive'

9 Sep 2014

Charity digital campaigns can be counterproductive and will need to change to keep the attention of those...

Join the discussion

Twitter button

@CSFundraising