They say many opportunities will be unlocked if the government creates a social impact investing ‘wholesaler’ to develop the market.
They say many investment opportunities will be unlocked if the government creates a social impact investing “wholesaler” to develop the market.
Impact Investing Australia chairman Richard Brandweiner said the creation of a wholesaler was an important step before super funds became confident about investing in aged care or social housing.“It is like teaching someone how to fish, as opposed to giving them a fish,” he said. “The beauty of a wholesaler is it could be the key that reconciles the need to invest in ways that are mindful of long-term impact together with the requirement for returns.”an enterprise professor at the University of Melbourne, said a wholesaler would be “a really important ingredient to create larger pools of capital to invest in new models”.
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