Alastair Graham, director of Golden Lane Housing (GLH) shared the success of the 2014 Retail Charity Bond across the nations earlier this month.
Several hundred experts and leaders in innovation from around the world heard Alastair speak at The Innovation Week sponsored by Rome Chamber of Commerce. Some of the topics from this all-encompassing event included technology, the environment, design, accessibility and social finance.
Most recently GLH hosted a delegation from Malmo in Sweden to discuss our experiences for raising substantial sums of private investment in housing for people with a learning disability.
Alastair Graham says, “It was a great honour to speak at international conference in Rome and to host delegates from Malmo at the Centre of Engagement in the North in Manchester. The success of the innovative £11m bond issue demonstrates an alternative means for raising capital in an ever changing financial environment.
GLH’s 2014 bond was the first ever retail charity bond to be listed on the London Stock Exchange in July. It was issued through the new Retail Charity Bonds platform, created by Allia in association with Canaccord Genuity to raise unsecured loan finance for charities from ethical investors.
The success of raising £11m will enable GLH to provide homes for over 100 people with a learning disability in 30 specially adapted properties in a location of their choice. So far, we have exchanged contracts on the first bond property and seven are currently in conveyancing.
We are happy to continue talking to organisations in the UK and abroad about GLH’s 2014 Retail Charity Bond.”