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Showing 21 - 30 of 38 results for "social benefit bond"

Westpac increases lending to cleantech, enviro services

RACHEL ALEMBAKIS  |  FRIDAY, 14 NOV 2014  |  NEWS
... Institutional Bank, Commonwealth Bank of Australia and the Benevolent Society also created an AU$10 million social benefit bond (SBB) funding the new Family Preservation Service. "What's of interest to us is looking at the kinds of mechanisms that support ...

Interest in green, social bonds continuing: JPMorgan Chase

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 OCT 2014  |  NEWS
While both supply and demand for "green", climate themed bonds will continue to grow from Australian institutional investors, there is also increased attention being paid to social benefit bonds as well, according to JPMorgan Chase. Marilyn Ceci, managing ...

SVA: Newpin social benefit bond returns 7.5% in first year

RACHEL ALEMBAKIS  |  FRIDAY, 22 AUG 2014  |  NEWS
The AU$7 million social benefit bond (SBB) funding the Newpin program run by UnitingCare Burnside will deliver a return of 7.5% to investors this year after its first 12 months. Ian Learmonth, executive director of impact investing, Social Ventures ...

KPMG finds companies invest $12.2bn in social programs

RACHEL ALEMBAKIS  |  FRIDAY, 30 MAY 2014  |  NEWS
One hundred of the world's largest companies made investments in social programs valued at US$12.2 billion in 2013, but less than a third of those companies are reporting on the impact of those investments, according to a new global report by KPMG International. ...

Social Ventures Australia hires Jenna Palumbo for WA role

RACHEL ALEMBAKIS  |  FRIDAY, 7 FEB 2014  |  NEWS
Social Ventures Australia (SVA) has hired Jenna Palumbo as director for Western Australia. Palumbo comes to SVA from Big Society Capital in London, where she was investment director. She has experience in finance and management and has worked with "a ...

Addis, Blackburn-Wright open impact investment firm

RACHEL ALEMBAKIS  |  FRIDAY, 31 JAN 2014  |  NEWS
... Fund. During Blackburn-Wright's time at Westpac, she was part of the team that built and issued a $10 million social benefit bond with The Benevolent Society and Commonwealth Bank. IMPACT Australia combines two areas - a consultancy called Impact Strategist ...

Interest spurs new developments in social enterprise funding

RACHEL ALEMBAKIS  |  FRIDAY, 24 JAN 2014  |  NEWS
... social enterprises are currently using community bonds, and much in the way that New South Wales adapted the social benefit bond structure from overseas, it is possible that community bonds could be used for Australian purposes as well. As part of this ...

Potential impact investment market estimated at $32 billion

RACHEL ALEMBAKIS  |  FRIDAY, 20 DEC 2013  |  NEWS
The potential impact investment market is estimated at AU$32 billion over the next decade, but current capital commitments and active investors are small, relative to what is needed to achieve that figure, according to a recent report. David Rickards ...

Westpac, CBA raise $10 million for Benevolent Society SBB

RACHEL ALEMBAKIS  |  FRIDAY, 4 OCT 2013  |  NEWS
... Institutional Bank, Commonwealth Bank of Australia and The Benevolent Society have raised AU$10 million for its social benefit bond (SBB). The funds raised by the SBB will go towards establishing The Resilient Families preservation service, which opens ...

NGS Super to launch stand-along SRI fund option

RACHEL ALEMBAKIS  |  FRIDAY, 6 SEP 2013  |  NEWS
... shares, international shares, infrastructure, and the fund's existing AU$500,000 stake in an AU$7 million social benefit bond. The Social Benefit Bond was launched by Social Ventures Australia and will fund the Newpin program run by UnitingCare Burnside ...