Charities, corporations, housing associations and family offices were found to be the most
likely prime providers of the next £500m in required risk capital as they are primarily
motivated to create impact as an objective of their investment activities or approach to
service delivery. The larger, more established end of the market is likely to be supported by
a group of local authority pension funds who require substantial investment sizes and have
created dedicated allocations to support social investments, as well as family offices and
charitable endowments with capacity to consider larger investments in sectors that are close
to their current areas of focus.