Deutsche Bank Launches £10M Social Investment Fund in the UK
Deutsche Bank recently launched a UK-based £10m social investment fund.
The bank’s Impact Investment Fund will operate as a fund of funds working with portfolio managers to channel investment into sustainable social businesses over the next three years, aiming to generate a return over the next 10 years.
The aim of the vehicle is to develop businesses – in early-stage growth industries such as long-term care, preventative health treatments and rehabilitative skills and training – with the potential to grow profitably while providing local communities with social benefits such as employment, education and training.
The fund will be managed in Deutsche Bank’s Private Equity group.