Big Society Capital
The UK wholesale impact fund was established in 2012 and works with investors, intermediaries, charities and social enterprises to help improve people’s lives. BSC has created significant market development effects including growing awareness, increasing the number of intermediaries operating at scale, investing in market infrastructure, supporting mass market participation through successful advocacy for social investment tax relief and a cornerstone investment in the Threadneedle Social Bond Fund, which is the first retail bond product that includes social investments.
Note. Impact Investing Australia is advocating for a wholesaler similar to BSC (Impact Capital Australia) to be established in Australia.