Happy to have completed for panel of investors in the @stmungos #socialimpactbond for London homelessness. First retail SIB investors?
— i for change (@iforchangeUK) December 11, 2012
The London Homelessness social impact bond, commissioned by the GLA with St Mungo‘s as a service provider completed today. We are delighted to have led a panel of investors into this deal. We believe that we have enabled the first ever individual investors (retail investors) to take part in a social impact bond investment; previous social impact bonds have received funding exclusively from organisations and high net worth investors.
Interested? Do get in touch: [email protected]
Update: 12th Dec 2012 - The Guardian has an article about this social impact bond.
Update: 13th Dec 2012 - Article in Civil Society.
Update: 14th Dec 2012 - More articles, from Charity Times, and Third Sector.
Update: 23rd Feb 2013 - And an article from The Economist