Big Issue Invest, the social investment arm of The Big Issue magazine, is looking for a CEO as it prepares to launch a fund management business later this year.
The new business, Big Issue Invest Fund Management, will offer social investment funds aimed at both retail and institutional investors.
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Established in 2005, Big Issue Invest has raised £20 million till date. Big Issue Invest is aiming to raise £250 million over the next five years from institutions, foundations and individuals with an interest in investing in social businesses.
Nigel Kershaw, chairman of The Big Issue group, said: "Big Issue Invest is extending the boundaries of traditional investment, CSR and philanthropy to invest in social ventures that are creating opportunity for people and communities in the UK. We are planning to open a fund management arm as a central part of growing our business.
"Traditionally many people have ‘given back’ by taking up charity trustee positions or making donations. We are looking for somebody that would like to ‘give back’ by offering their time, leadership and financial experience to grow the business."
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