Since TSIC’s inception, we have been working in the impact investing ecosystem, providing research, convening and advisory services for providers of capital, as well as supporting the charities and social enterprises to be investment ready. As the impact investing industry continues to grow, and as awareness on Diversity, Equity and Inclusion (DEI) grows among impact investors, we are excited to announce that we have gained regulatory approval that will allow us to expand our service offerings to arrange impact investment transactions and provide investment advice. This is made possible through our new partnership with Investing for Good.
As of April 2022, TSIC became an Appointed Representative, through Investing for Good’s wholly owned subsidiary The Social Investment Market CIC Ltd (SIMCIC) which is authorised and regulated by the Financial Conduct Authority (FCA). Through this arrangement, our Managing Director has also become an Approved Person. This is following a rigorous due diligence and selection process.
Geoff Burnand at Investing for Good commented, ‘’We are particularly pleased to welcome TSIC into our Partner Programme. Their expertise in impact evaluation and their commitment to bringing to market transactions that represent DEI principles will help to ensure that best practice in impact investing continues to develop”.
“Capital flows, structures and outcomes in the impact investing ecosystem should be more equitable and impact-focused than the traditional financial system – but impact investing still has a very long way to go in addressing challenges of diversity, equity and inclusion (DEI), and impact measurement. We look forward to be able to apply our DEI and impact measurement expertise to impact investing products, deals and structures, and to deepen our own impact on the impact investing ecosystem. We also look forward to learning from Investing for Good, particularly their experiences in structuring and placement of impact investing products,” says Bonnie Chiu, Managing Director.
Jonny Page at Esmée Fairbairn Foundation commented, ‘’TSIC is the first organisation we have supported under Investing for Good’s new Partner Programme which aims to bring more regulated financial intermediaries into the market. The strong DEI focus aligns well with our core mission, and we are looking forward to seeing how the relationship between TSIC and IFG develops’’
We will be sharing more details on the programme of work following this partnership. Please contact [email protected] if you have any questions in the meantime.