24 April 2024 – Innovation in private debt – lending for social purpose

Join us from 11:00-12:00 BST for an online morning coffee with Allia C&C.

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How can private lending be shaped efficiently and effectively to create an attractive investment proposition for LGPS pension funds while simultaneously achieving positive social impact for some of the most vulnerable individuals in society 

In this morning coffee discussion, Karen Shackleton, Chair and Founder of Pensions for Purpose, will share some of the findings from our latest market research on private lending for social purpose. This will be followed by a fireside chat between Henrietta Poddfrom Allia C&Cand Lars Hagelmann, from Big Issue Invest, when we will discuss: 

  • Why there is a shortage of good-quality accommodation for the elderly, the disabled and those with learning difficulties. 
  • How lending to providers of residential care and supported housing can help address that shortage. 
  • How Allia C&C can work with LGPS funds’ regional preferences to target effective place-based investing. 
This will be followed by a roundtable discussion on the criteria LGPS investors may look for when seeking to achieve impact in private debt investments. 

Who should attend?

This event is open to asset owners such as pension fund trustees, in-house executives and independent advisers, professional trustees and consultants.

Register here 

Speaker biographies

Henrietta Podd, Director ‑ Debt Capital MarketsAllia C&C 

Henrietta Podd

Henrietta has worked in financial markets for many decades and, over the years, she has advised the public, private and not-for-profit sectors on using and managing risk in fixed income markets with a principal focus on funding social and economic infrastructure and its operators.  

In 2019, she joined Allia C&C, a specialist fixed-income stockbroker controlled by Cambridge-based charity Allia. Part of their mission is to raise debt in mainstream capital markets to fund impactful projects and businesses. Much of her time is now dedicated to raising sustainable finance for residential care charities and specialist-supported housing.  

Henrietta was formerly on the housing committee of the CoE Pension Fund. She is a member of the Chartered Institute of Securities and Investments where she served for five years on their fixed-income committee. 

Lars Hagelmann, Head of Investments, Big Issue Invest

Lars HagelmannLars is Head of Investments at Big Issue Invest (BII) and joined BII in 2016. Lars has over 20 years’ experience in direct investment and investment management and has launched two funds at BII. Lars started his career in Berlin with BDO in corporate finance before moving to London to work for SISU Capital, sourcing and managing direct private equity investments. He spent six years in the Middle East in venture and private equity with a focus on education, healthcare and real estate. 

Host

Karen Shackleton, Chair & Founder,  Pensions for Purpose 

Karen Shackleton

Karen has worked in the finance sector for over 30 years. As well as being Founder of Pensions for Purpose, she is Chair of the Strategic Investment Board for the Ministry of Justice and a Non-executive Director and Chair of the Board of Resonance Ltd, a social impact investment company. She sits on the Advisory Council of the Impact Investing Institute. 
 
Karen also provides independent investment advice to the London Boroughs of Islington, Camden and Hounslow through Apex Group. She was the Chief Executive/Managing Director of AllenbridgeEpic Investment Advisers from 2010 to 2013. Prior to that, she had ten years’ experience as a fund manager and director for County NatWest and BZW Investment Management (now BlackRock).

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.

Our Community allows members to learn from leaders in the impact investment industry. We provide a trusted environment to interact, collaborate and share knowledge. Members engage in a programme of activity to shape their strategy in ESG, sustainable and impact investments.

For more information, please email the Membership Manager.

Register here