Social investment fund tackling inequality backed by Macquarie Group Foundation and BD Giving

Recently an innovative social impact investment fund aiming to reach diverse-led Social Purpose Organisations has received £1.5m from the Macquarie Group Foundation, which drives social impact work for Macquarie Group and £250k from Barking and Dagenham Giving (BD Giving), a community-led impact investment fund. The news comes as the fund confirmed its second close and provided a further £500,000 in investment to two social purpose organisations, taking the Fund’s total investments made to £1m. The Growth Impact Fund is a targeted £25m evergreen fund, investing in early and growth stage…

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