PLY: A new specialist division of Ratings agency Moody’s is eager to show the positives to possibilities for UK charities to fundraise while Newcastle in the vibrant north east of England is deploying various PFS structures.
Moody’s: Strong Global Growth In Social Investment Widens UK Charities’ Access To Funding
Moody’s
Strong global growth in social investment has widened the funding sources available to public sector not-for-profit groups and supports their credit profiles, Moody’s Public Sector Europe (MPSE) says in a report to mark its launch today:
Moody’s Public Sector Europe is a new credit rating agency and the first of its kind dedicated to the growing European public sector debt market. MPSE combines tailored service and local expertise with global reach, using Moody’s rigorous ratings methodologies to assign globally comparable ratings.
The report, entitled “UK Public Sector: Social Investment Provides New Funding Opportunity as Austerity Bites”, is available HERE.
First £500,00 Leaves North East Social Investment Fund Under Peter Gilson’s Leadership
Tom Keighley – The Journal
The first portion of the new £9m North East Social Investment Fund has been handed to a Newcastle social enterprise, under the leadership of Northstar Ventures’ Peter Gilson.
Mr Gilson has been appointed to lead the new fund which has already invested £500,000 via a social impact bond into an unnamed Newcastle social enterprise.