returns policy- what the next decade holds for social investment

Giving Thought discussion paper no. 2

Returns Policy?

What the next decade holds for social investment

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Registered Charity number 268369

1) Introduction

http://caf-venturesome.tumblr.com/post/80768392572/400-deals

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http://www.leapfroginvest.com/lf/wp-content/uploads/2013/06/private_equity_061213.pdf

http://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&ved=0CCgQFjAB&url=http%3A%2F%2Fwww.iadb.org%2Fdocument.cfm%3Fid%3D37392097&ei=kQwPVNO1O4PG7AbXwYDABg&usg=AFQjCNEsRY7F7nQv54qnrrCUMFDdN4X6Ww&bvm=bv.74649129,d.ZGU&cad=rja

http://www.ssireview.org/articles/entry/unpacking_the_impact_in_impact_investing

http://www.ssireview.org/up_for_debate/article/impact_investing

http://www.ssireview.org/up_for_debate/article/impact_investing

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http://www.demos.co.uk/files/Entrepreneurial_State_-_web.pdf?1310116014

http://www.demos.co.uk/files/Entrepreneurial_State_-_web.pdf?1310116014

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2) Demand issues

http://youngfoundation.org/wp-content/uploads/2012/10/owing_the_market_for_social_investment_FINAL.pdf

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/210408/Social-Investment-Report1.pdf.

https://www.cafonline.org/publications/2014-publications/in-demand.aspx

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11 www.gov.uk/government/publications/social-investment-tax-relief-factsheet/social-investment-tax-relief

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/61185/404970_SocialInvestmentMarket_acc.pdf

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/204991/Growing_the_social_investment_market_progress_update_2012.pdf

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/205295/Social_Investment_Strategy_Update_2013.pdf

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/321483/2014_Social_Investment_Strategy.pdf

http://www.gov.uk/government/publications/social-investment-tax-relief-factsheet/social-investment-tax-relief

http://www.beinvestmentready.org.uk/

http://www.biglotteryfund.org.uk/sioutcomesfunds

https://www.gov.uk/government/groups/social-impact-investment-taskforce

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https://www.cafonline.org/PDF/Funding%20Good%20Outcomes.pdf


http://data.gov.uk/sib_knowledge_box/knowledge-box

http://www.whitehouse.gov/omb/factsheet/paying-for-success

http://www.civilsociety.co.uk/finance/news/content/17355/social_impact_bond_at_peterborough_to_be_replaced_with_alternative_arrangement

http://www.civilsociety.co.uk/finance/news/content/17355/social_impact_bond_at_peterborough_to_be_replaced_with_alternative_arrangement

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http://www.legislation.gov.uk/ukpga/2012/3/enacted

https://www.gov.uk/government/news/significant-boost-to-social-enterprises-as-the-social-value-act-comes-into-force

http://givingthought.org/2012/03/29/getting-good-service-is-the-social-value-act-just-the/

http://mycommunityrights.org.uk/my-community-rights/

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http://www.cltfund.org.uk/

http://www.cltfund.org.uk/how-to-apply/starting-out

http://www.cltfund.org.uk/how-to-apply/starting-out

https://www.gov.uk/government/collections/public-service-mutuals

https://www.gov.uk/government/news/cabinet-office-mutuals-reach-century-success

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3) Supply Issues

http://www.pioneerspost.com/news/20131015/impact-investment-will-be-powerful-asset-class-predicts-cohen

http://www.weforum.org/reports/margins-mainstream-assessment-impact-investment-sector-and-opportunities-engage-mainstream-i

http://www.weforum.org/reports/margins-mainstream-assessment-impact-investment-sector-and-opportunities-engage-mainstream-i

https://www.cafonline.org/pdf/0833J_CAF_Social_Impact_Fund_brochure_FINAL-WEB_2705111.pdf

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http://grantspace.org/Tools/Knowledge-Base/Grantmakers/pris

https://www.google.com/url?q=http://foundationcenter.org/gainknowledge/research/pdf/pri_directory_excerpt.pdf&sa=U&ei=Eb30U_mJJ-TnyQPU_ICABQ&ved=0CAUQFjAA&client=internal-uds-cse&usg=AFQjCNGgr9i-J7wfhwfRnowFWjw6WzRx3w

http://www.charitycommission.gov.uk/detailed-guidance/money-and-accounts/charities-and-investment-matters-a-guide-for-trustees-cc14/

http://www.charitycommission.gov.uk/detailed-guidance/money-and-accounts/charities-and-investment-matters-a-guide-for-trustees-cc14/

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http://lawcommission.justice.gov.uk/docs/cp216_charities_social_investment.pdf

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/193697/2900897_HMGCO_Co-mingling_acc.pdf

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http://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&ved=0CCIQFjAA&url=http%3A%2F%2Fwww.charitytimes.com%2Fdigital_editions_eblasts%2FCT_june-july2013_digital_edition.pdf&ei=4E33U8azLMjpaOPXgrAP&usg=AFQjCNFILlfCGiMNkPfz8nXRxIHVOcv8Lg&cad=rja

http://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&ved=0CCIQFjAA&url=http%3A%2F%2Fwww.charitytimes.com%2Fdigital_editions_eblasts%2FCT_june-july2013_digital_edition.pdf&ei=4E33U8azLMjpaOPXgrAP&usg=AFQjCNFILlfCGiMNkPfz8nXRxIHVOcv8Lg&cad=rja

http://bridgesventures.com/shifting-the-lens-a-de-risking-toolkit-for-impact-investment/

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http://evpa.eu.com/blog/2014/03/new-evpa-publication-social-impact-strategies-for-banks/www.evpa.eu.com/knowledge-centre/publications/evpa-publications/

http://evpa.eu.com/blog/2014/03/new-evpa-publication-social-impact-strategies-for-banks/www.evpa.eu.com/knowledge-centre/publications/evpa-publications/

http://www.threadneedle.co.uk/en/Intermediary/Funds/Funds-and-Prices/Prices-Data/OEICs/Retail-%28Net%29/Fixed-Income/UK-Social-Bond-Fund/

http://www.threadneedle.co.uk/en/Intermediary/Funds/Funds-and-Prices/Prices-Data/OEICs/Retail-%28Net%29/Fixed-Income/UK-Social-Bond-Fund/

http://www.parliament.uk/briefing-papers/SN00400.pdf

http://www.respublica.org.uk/item/Markets-for-the-Many-How-civic-finance-can-open-up-markets-and-widen-access

http://www.respublica.org.uk/item/Markets-for-the-Many-How-civic-finance-can-open-up-markets-and-widen-access

http://www.birmingham.ac.uk/Documents/college-social-sciences/social-policy/CHASM/briefing-papers/2012/briefing-paper-cra-march2012.pdf

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https://se-assist.co.uk/

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https://www.gov.uk/government/news/big-society-bank-could-back-social-isas-for-everyday-savers

http://www.thinknpc.org/publications/the-future-for-children-bond-lessons-learned/

http://www.thinknpc.org/publications/the-future-for-children-bond-lessons-learned/

http://www.retailcharitybonds.co.uk/

http://www.thirdsector.co.uk/golden-lane-housing-retail-bond-closes-raising-11m/finance/article/1303296

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http://static.bdo.uk.com/assets/documents/2011/10/BDO_New_finance_for_a_new_world_Layout_1_11-29-46.pdf

http://static.bdo.uk.com/assets/documents/2011/10/BDO_New_finance_for_a_new_world_Layout_1_11-29-46.pdf

http://www.pioneerspost.com/news/20140409/croydon-council-first-local-authority-invest-10m-award-winning-property-fund

http://www.pioneerspost.com/news/20140409/croydon-council-first-local-authority-invest-10m-award-winning-property-fund

http://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=6&ved=0CDwQFjAF&url=http%3A%2F%2Fwww.publications.parliament.uk%2Fpa%2Fcm200809%2Fcmselect%2Fcmcomloc%2F164%2F164i.pdf&ei=KhcPVJObOITgaPPpgMAK&usg=AFQjCNF8qIQcCh0Tpejse9O2wofgFlJ7NA&bvm=bv.7464

http://archive.audit-commission.gov.uk/auditcommission/SiteCollectionDocuments/AuditCommissionReports/NationalStudies/26032009riskandreturn2.pdf

http://www.bigsocietycapital.com/

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https://www.gov.uk/government/news/government-welcomes-banks-statements-on-lending-15-more-to-smes-and-on-pay-and-support-for-regional-growth

http://www.pioneerspost.com/news/20130801/the-cost-of-money-part-1-big-society-capital-the-hotseat

http://www.pioneerspost.com/news/20130802/the-cost-of-money-part-2-too-high-the-little-guy

http://beanbagsandbullsh1t.com/2014/02/28/report-from-emerging-market/

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4) CAF’s Key Principles for the next 10 years of

social investment

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