Like any other enterprise, non-profits and social enterprises need access to capital to allow them to grow, to innovate and to deliver life-changing services to their clients. The emergence of ‘payment by results’ or outcome based contracting has also created a need to manage or share performance related financial risks.
SVA has strong relationships with a broad network of impact investors from across the spectrum of individual, corporate and institutional investors who have a shared passion to make a difference with their capital: they seek a social return as well as a financial return.
SVA links socially-oriented organisations with a need for capital to this network of impact investors by developing and managing a range of impact investment instruments. These include debt and equity investments in social enterprises, Social Impact Bonds (SIBs), and bespoke financial solutions for large scale transactions.
For example, SVA led the development of the $165m Goodstart transaction, and helped launch Vanguard Laundry Services, a significant new social enterprise. SVA also supports social enterprises through the SVA Diversified Impact Fund, and raised the capital for Australia’s first SIB, the Newpin Social Benefit Bond.