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Social Enterprise Investment Fund II LP
United Kingdom
Last updated 12 May 2020, by Impactyield.
Fund geography
Developed countries (203) / More developed regions (202) / Western Europe (43) / United Kingdom of Great Britain and Northern Ireland (12)
The Social Enterprise Investment Fund II (SEIF II) will provide growth capital to social enterprises that drive positive social change by providing innovative solutions to social problems.
Asset class
Fund status
Fund style
Financial description
The Social Enterprise Investment Fund II will provide growth capital to social enterprises based in the UK, who are providing innovative solutions to social problems, driving positive social change and becoming sustainable. Investment made by the fund can range from £250,000 to £2,000,000, with the possibility of additional follow on investment depending on the success of the business.
Financing will be provided in the form of debt, participation debt, social impact bonds and equity. Focus will be on expansion financing for growth stage social enterprises, but up to 30% of funds will be to early stage social enterprises.
9 years
of track record
2015
the year funded
30,000,000 GBP
AUM
Interested in this fund?
Log in or create an account to request more information.
Gain a deeper and comprehensive understanding of how this fund generates positive impact in the themes and SDGs that matter to you, with insights provided by our dedicated team of expert analysts, and receive notifications about new available impact products, exciting investment opportunities, and relevant updates in the world of impact investing.
Asset manager
Big Issue Invest
Headquarters location: United Kingdom
Other funds managed by this asset manager: Social Enterprise Investment Fund LP
SDG goals
SDG targets
Implement social protection systems
Equal rights to ownership basic services technology and economic resources
Safe and affordable housing
Universal access to sexual and reproductive care, family planning and education
Free primary and secondary education
Increase aid for trade support
Develop sustainable, resilient and inclusive infrastructures
Increase access to financial services and markets
Impact Category
Key performance indicators
Fund overview
Asset manager: Big Issue Invest
Product track record: Fund has 9 years of track record
Target IRR: 4%
Committed Capital: 0 GBP (Pound Sterling)
Target return category: Risk-adjusted market-rate of return
Fund domicile: United Kingdom
Product status: Open - no committed capital
Style/Stage: Early Stage, Growth Stage
Inception year: 2015
Vintage year: 2015
Target region: Developed countries, More developed regions, United Kingdom of Great Britain and Northern Ireland, Western Europe
Target close date: n.a.
Product term: 12 year term
Assets under management: 30,000,000 GBP (Pound Sterling)
Investment size: Min: 250,000; Max: 2,000,000; Avg: 0
Co-investment policy: With non-LPs only
Currency of investments: GBP (Pound Sterling)
Currency for fund / product figures: GBP (Pound Sterling)
Fund investments to date: 0
Fund investments to date exited or repaid: 0
Management fee: 2.5%
Carried interest: n.a.
Hurdle rate: n.a.
GIIN Investors' Council Investment: No
Limited Partners / Investors: n.a.
Limited Partner / Investor Type: Family Office, Other Institutional Investors
Contact
E-mail: investmentenquiries@bigissueinvest.com
Website: https://bigissueinvest.com/
Phone number: 020 7526 3437
If you wish to have your details removed from this database please email gdpr@impactyield.com
Ed Siegel
Director of Investments
Sarah Forster
Director of Development
Impact Performance
n.a.
Impact thesis
The Fund will use a proprietary Impact Assessment methodology to evaluate, monitor and report on the social impact performance of the Fund to investors in a transparent, meaningful and robust way. Investments are assessed according to a number of quantitative indicators related to mission, scale, transparency and business innovation.
We will agree on core metrics for each business and aim to have common indicators across each of our six core investment themes. For example in the area of employment and training core metrics would include:
The number of jobs created
The number of employees who were previously unemployed for more than 6 months
The number of people trained and qualifications received.
Tracks the following IRIS metrics:
Full time employees-013160
Part time employees-018864
Full time employees female-016213
Jobs Created at Directly Supported/Financed Enterprises: Total (PI3687)
Jobs Created at Directly Supported/Financed Enterprises: Low Income Areas (PI2251)
Jobs Maintained at Directly Supported/Financed Enterprises (PI5691)
Jobs Maintained at Directly Supported/Financed Enterprises: Low Income Areas (PI2688)
Impact Management
n.a.
Financial benchmark
Term Description:
Keywords