Social impact investor rebrands as Better Society Capital

Founded as Big Society Capital, the new name better reflects its mission of tackling social issues across the UK through investment.

Stephen Muers, chief executive of Better Society Capital, said the organisation has seen remarkable success and support over the last twelve years.

“This evolution to Better Society Capital provides opportunity to reaffirm our mission and open up new opportunities to help maximise value for government, private investors, and the social purpose organisations who need it,” Muers said.

Since launch, Better Society Capital has invested £925mn of its own capital and unlocked nearly £3bn from investors to tackle social issues, from homelessness to healthcare.

Robin Hindle Fisher, chair of Better Society Capital, said the change of name will unlock opportunities and contribute to the market’s future growth.

“For us to do this it is important that we define our role in the sector clearly and ensure that our outward messaging is as true to our mission as possible,” Fisher said.

The organisation directs money from pension funds, trusts and foundations, family offices, and other institutional investors into social impact organisations.

It has helped the market grow from £800mn to over £9bn since launch through its own investments and education in the sector.

As the UK faces fiscal challenges, the next government has the opportunity to leverage social investment and improve social inequality across the country, the company said.