Recommendations for UK Government to mobilise private investment for economic, environmental and social policy priorities: Investing in our future.
The LBS and Granthan Research Institute on Climate Change and the Environment published "Investing in our future" – this was shared by one of our members previously here but I thought I'd give some links here too in case you haven't seen it when Arun shared it.
The report recommends the creation of a venture capital fund-of-funds, the UK Growth Fund, to attract pension and other large pools of institutional capital and act as an umbrella vehicle for a portfolio of sector-specific funds. This would aim to raise GBP 4.6 billion at launch, rising to GBP 46 billion over 5 to 10 years.
You can download the full report and the executive summary from our Library.
Second, it proposes a new UK Community Growth Fund to build on successful initiatives that were set up to support small businesses, social enterprises, and charities during the Covid-19 pandemic. The Fund would expand on precedents and target GBU 100 million of commercial bank and social investment at launch, growing in size.
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Aya Pariy
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