Going about its business relatively quietly for the past decade, CAN’s recent announcement of a £50m social investment fund sounded a fanfare that things were changing. As chief exec Andrew Croft tells us, there’s a lot more positive noise to come.
CAN-ny investments in the London property market have provided equity for the proposed launch of a new fund intended to allow social ventures to purchase their own assets.
With increasingly strident calls to justify their existence, social investment intermediaries and charity infrastructure bodies could learn a thing or two from the Early Action Taskforce about how to demonstrate value and champion culture change.
The absence of figures from two major players leaves us wondering about the potentially huge pipline of money available; new figures from Key Fund very impressive.
