SVA Diversified Impact Fund
Social Ventures Australia (SVA) is seeking to raise $10 to $15 million to fund a diversified investment portfolio of private debt, private equity and social impact bond investments.
The SVA Diversified Impact Fund (the Fund), which will provide 20% downside protection, aims to offer investors the opportunity to generate financial returns while making a meaningful social impact on the lives of people in Australia.
According to SVA, the Fund will invest in projects that provide jobs, homes and opportunities for people living in disadvantage, and will focus on areas where SVA has "deep expertise".
The Fund aims to make 10-15 investments with a target size of $500,000 to $1.5 million.
Fund applications opened: 19 September 2017
Target first close date: 31 December 2017