Venture philanthropy foundation Impetus – The Private Equity Foundation has announced that Daniela Barone Soares, chief executive officer, and Johannes Huth, chairman, have been appointed to the UK National Advisory Board of the G8 Social Impact Investment Taskforce. The board will hold its first meeting today.
Impetus – The Private Equity Foundation (Impetus-PEF), the pioneer of venture philanthropy in the UK, today announces that Daniela Barone Soares, Chief Executive Officer, and Johannes Huth, Chairman, have been appointed to the UK National Advisory Board (Board) of the G8 Social Impact Investment Taskforce (Taskforce). The Board will hold its first meeting today.
Impetus-PEF brings strategic resources to charities and social enterprises that work to support children and young people in poverty in the UK. It uses a highly effective venture philanthropy model, consisting of management support from the Impetus-PEF investment team, pro bono specialist expertise and funding, to support and then increase the capacity of charities that it believes are tackling the most persistent social problems affecting children and young people.
Over the course of the next 12 months, the Board will discuss and advise the Taskforce on the experience, learnings and evolution of the UK social investment market. Impetus-PEF brings over a decade of experience of supporting 49 charities and social enterprises to achieve greater effectiveness, growth and sustainability.
Daniela Barone Soares, Chief Executive Officer of Impetus-PEF commented on the appointment: “Impetus-PEF is honoured to be invited to join the UK National Advisory Board of the G8 Social Impact Investment Taskforce. There are many charities and social enterprises developing innovative and effective programmes but they may struggle with sustainable funding. Impetus-PEF is the pioneer of venture philanthropy in the UK and we invest in high-potential charities to support them in developing a long-term strategy that incorporates sustainable income generation, including social investment. Social investment is a growing market and Impetus-PEF will contribute to its development by sharing insights with the UK National Advisory Board from our hands-on experience of supporting charities to scale and reach more young people who need their support.”
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