Investment | New South Wales Social Benefit Bonds |
Investor | Commonwealth Bank of Australia |
Start Date | 2013-00-00 |
Notes | Increasing financial services sector interest is evident in initiatives such as the National Australia Bank’s commitment of $1 million to enterprise investment readiness which has been designed and administered in collaboration with The Difference Incubator and Impact Investing Australia and opened for applications from 10 March 2015. Westpac and Commonwealth Bank of Australia were active participants in structuring and placing one of the NSW Social Benefit Bond transactions. Pioneers of philanthropic services (including Christopher Thorn, Evans & Partners) and responsible investment (Responsible Investment Association of Australasia and Regnen) are all contributing actively to market development as the next wave of value generation. |