Schroders appoints Big Society Capital for social impact trust launch

Schroders BSC Social Impact Trust

David Brenchley
clock • 3 min read

Schroders is attempting to raise £100m for a social impact investment trust managed by Big Society Capital (BSC) that it is hoped will grow to between £300m and £500m within five years.

The Schroders BSC Social Impact trust will look to deliver measureable positive social impact by investing in a diversified portfolio of private market impact funds, co-investments alongside impact investors and direct investments into private market social impact funds. It will aim to provide a net asset value (NAV) return of CIP plus 2% per annum, averaged over a rolling three- to five-year period, once the portfolio is fully invested. The mandate will have no distribution target, but will aim to pay out its income generated as required, which is expected to vary over time and the y...

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