8 November 2023 — Place-Based Impact Investing Forum online all-stakeholder event with The Good Economy, Impact Investing Institute and Greater Manchester Pension Fund

Place-based in practice: a real-life example from Greater Manchester Pension Fund and introducing the new PBII Network.

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We were delighted to deliver this Place-Based Impact Investing (PBII) forum all-stakeholder event working closely with our partners, sponsors and active market participants to demonstrate PBII in action. 

The Good Economy, along with The Impact Investing Institute and the Institute of Economic Development, have recently launched their leading-edge PBII Network which builds on the pioneering collaboration between local authorities, local stakeholders and institutional investors. In this event we heard more from Sarah Forster, CEO and Co-Founder of The Good Economyand Mark Hall, Programme Manager for PBII at Impact Investing Institute, on what this potentially means for driving change across Britain.

We heard about Greater Manchester Pension Fund’s (GMPF) recently published review and report on the impact performance of its local investment portfolios – the first UK pension fund to have gone through this process. We were delighted to welcome Andrew Hall, Senior Investment Manager Pensions (Local Investments), from GMPF to discuss this report and its implications for the UK pension fund market.

Martin Pattinson, Pensions for Purpose Directorhosted the event and invited questions from the audience.

Speakers' biographies

Andrew Hall, Senior Investment Manager Pensions (Local Investments), Greater Manchester Pension Fund 


Andrew Hall
Andrew has worked for Tameside Metropolitan Borough Council and Greater Manchester Pension Fund for 25 years. After qualifying as an accountant, he oversaw the Treasury Management function for over 10 years and for the last nine years has led the Fund’s local investment portfolio, comprising of the Greater Manchester Property Development Fund and Impact Portfolio. 



Mark Hall, Programme Manager
 Place-based Impact Investing, Impact Investing Institute 


Mark Hall

Mark joined the Institute as Programme Manager for place-based impact investing in January 2023. He is focused on making it easier for investors to do effective place-based impact investing (committing to investments within a target geography that generate a financial return as well as positive social, environmental and economic impacts for local communities).

Mark joined the Institute from Waltham Forest Council where he was Policy and Projects Manager in the Leadership Office. Mark previously spent 10 years at the Royal Society of Arts, most recently leading research and impact projects in the economy team. He led the RSA's community banking movement and Collective Defined Contribution Pensions (CDC) Forum, paving the way for new models of banking and pensions to be adopted in the UK.

Mark has co-authored several RSA reports including 'The road to resilience: how community financial services can help level-up Britain' (2020) and 'The cash census: Britain's relationship with cash and digital payments' (2022).

Sarah Forster, CEO and Co-Founder, The Good Economy

Sarah Forster

Sarah Forster is CEO and Co-Founder of The Good Economy (TGE), a leading impact advisory firm dedicated to enhancing the contribution of business and finance to inclusive and sustainable development.

She has been at the forefront of finance for positive impact for more than 25 years, working in the fields of sustainable economic development, development finance, impact measurement and management both internationally and in the UK. She combines a strong knowledge of public and private sector development policy issues with hands-on experience in the design of impact investment vehicles mobilising capital to achieve positive social impact as well as commercial financial returns.

Prior to establishing TGE, Sarah held senior positions at The World Bank, the New Economics Foundation and Big Issue Invest.


Host

Martin Pattinson, Director and Place-Based Impact Investing Forum Lead

Martin Pattinson

Martin has spent over 40 years in a variety of roles in property, banking and asset management across North America, Asia and EMEA, but especially in the UK institutional marketplace. 

At Pensions for Purpose, Martin helps host our forums and works with colleagues on our engagement programme, contributing to bring our members together to inform, share knowledge, influence and advise, to achieve environmental and societal impact investment.


The Place-Based Impact Investing Forum

The Place-Based Impact Investing Forum was established by Pensions for Purpose and The Good Economy and is run in partnership with the Impact Investing Institute to help pension funds and other asset owners make informed decisions about place-based investments. We do this by sharing place-based-related thought leadership written by our members (asset managers, consultants and lawyers), by running training workshops for trustees and by engaging in industry-wide conversation through our quarterly all-stakeholder and asset-owner events.

Pensions for Purpose

Pensions for Purpose exists as a bridge between asset managers, pension funds and their professional advisers, to encourage the flow of capital towards impact investment. Our aim is to empower pension funds to seek positive impact opportunities and mitigate negative impact risks.

For more information, please email the Membership Manager.

To the extent that anything on this website constitutes a financial promotion it is exempt from the general prohibition in S21 of FSMA on the basis that the site is only intended for investment professionals as such term is defined in S19 of the Financial Promotions Order. Please note that Pensions for Purpose does not provide consultancy services, advice or personal recommendations on any of the investment opportunities mentioned on the platform. We curate content written by Influencer members and do not endorse any underlying funds.

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Watch recording here