In The News - Creditflux.com - Public private sector partnership launches impact debt fund
Warrington Borough Council and Altana Wealth have joined forces to launch a private debt fund that invests in social impact investments in the UK.
The decision to launch Public Sector Social Impact Fund (PSSIF) comes as a number of investors have been avoiding UK investments due to concerns about Brexit. There is also a lack of managers focusing on social impact investments, says a source close to Altana. “Thus, we saw the need for a manager to be undertaking social impact investments in the UK,” he added.
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