November 06, 2011
via Financial Timesby Sophia Grene
Deutsche Bank has announced the launch of a GBP 10 million social investment fund.
From original article:
"Deutsche Bank is launching a social investment fund of funds with GBP 10m ($16m) of its own money, aiming to build a track record in this sector before launching products for external investors.
"We're trying to explore how this works with our own money," said Chris Minter, global head of DB private equity. "Talking to clients, there's real interest in this asset class, but you'll only get real volume if there's rigour in how the capital is deployed.""