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Pensions for Purpose joins PBII Network

The Good Economy, September 2024.

Posted on Sep 26, 2024

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... The Place-Based Impact Investing (PBII) Network continues to grow in momentum with Pensions for Purpose joining as a partner, alongside The Good Economy, the Institute for Economic Development and the Impact Investing Institute.

The PBII Network is a safe environment where local authorities and investment managers come together to learn from each other, share their knowledge and for the development of financing solutions to scale-up institutional investment to help the UK achieve sustainable development.

Richard Giles, Senior Director and Community Lead at Pensions for Purpose said: “We are delighted to partner with The Good Economy (TGE) on their PBII Network. Pensions for Purpose have worked closely with TGE for many years. Now is a significant juncture for PBII by pension funds. There is momentum from the many local government pension schemes investing in place, while other types of schemes, including DC master trusts, are considering PBII and being encouraged by the Government to invest in productive UK assets. This is a genuine opportunity to further investment in solutions that have real-world impact, as well as provide healthy returns for pension investors.”

Learn more here