LOCAL AUTHORITIES & LOCAL GOVERNMENT PENSIONS SCHEMES

Bristol City Council • Croydon Council • Greater London Authority • Greater Manchester Combined Authority • Greater Manchester Pension Fund • South Yorkshire Pensions Authority • Lambeth Council • Milton Keynes Council • Oxford City Council • Oxfordshire County Council • Westminster City Council • Liverpool City Region Combined Authority 

IMPACT INVESTMENT SPECIALISTS

Access - The Foundation for Social Investment • Better Society Capital • Ethex • Snowball

FOUNDATIONS

Andrews Charitable Trust • Barrow Cadbury Trust • Blagrave Trust • Casey Family Programs • Ceniarth • Church of England Archbishops' Council • City Bridge Trust • Comic Relief • Cripplegate Foundation • Esmée Fairbairn Foundation • Friends Provident Foundation • Guy’s & St Thomas’ Foundation • Joseph Rowntree Foundation • Lankelly Chase Foundation • London and Quadrant Housing Trust • LostAnd Foundation • MacArthur Foundation • National Lottery Community Fund • Samworth Foundation • Schroders Better Society Capital Impact Trust plc • Stewardship • The Clothworkers' Foundation • Treebeard Trust • Trust For London 

Pensions for Purpose

Pensions for Purpose exists as a bridge between asset managers, pension funds and their professional advisors, to encourage the flow of capital towards impact investment.

It is an online platform providing a knowledge centre including an extensive bank of information and case studies. Members are able to network with peers whilst learning more about impact investment via a members’ forum, training workshops and events.

Pensions for Purpose helps pension funds mitigate negative impacts and seek positive impacts by understanding what they invest in and what opportunities exist in the market.

Resonance works with Pensions for Purpose as their work is raising awareness and building interest in impact investment strategies, into which Resonance’s experience can usefully feed.

Guy's & St Thomas' Foundation

Guy’s and St Thomas’ Foundation is an independent charitable foundation investing in a healthier society. The Foundation is committed to achieving both financial returns and health impact, to support their vision of helping everyone stay healthier for longer.

The Foundation has invested £10m in three of Resonance’s impact property funds: Real Lettings Property Fund 2, Women in Safe Homes and Resonance Everyone In Fund, as part of the charity’s initiative to invest some of its endowment in funds that aim to have a positive effect on health in the UK, complementing its charitable activities.

Access - The Foundation for Social Investment

Access works to make charities and social enterprises in England more financially resilient and self-reliant, so that they can sustain or increase their impact. They do this by supporting the development of enterprise activity to grow and diversify income, and improve access to the social investment which can help stimulate that enterprise activity. Access has worked with us for a number of years. We are an Access Point for their Reach Fund, which provides investment readiness grants.

Better Society Capital

Better Society Capital was set up as an independent organisation to build the social investment market in the UK, so that charities and social enterprises can access appropriate repayable finance to enable them to grow, become more sustainable and increase their impact on society.

Curiosity Society

The Curiosity Society helps organisations to make a better world, by using learning and design to change systems. Over many years Resonance has forged a strong working relationship with the team to evolve the services that it offers, working across the organisation and its funds to understand and enhance their positive impact.

The Curiosity Society co-developed the Transformational Index (TI), a tool for describing and measuring social impact. Resonance is a licensed user of TI products. 

Esmée Fairbairn

Esmée Fairbairn Foundation aims to improve the quality of life for people and communities throughout the UK. They do this by funding the work of organisations that are building an inclusive, creative and sustainable society. One of the largest independent grant-makers in the UK, they have supported our property and community asset funds with investment.

Ethex

Through the Ethex platform, people can invest in causes that are important to them and these organisations can find the investment they need to grow and develop. Ethex hosted some of the Resonance investment opportunities suitable for individual investors including community share offers and the two Resonance SITR Funds.

Greater London Authority

As a result of the pandemic, London’s homelessness crisis worsened. In response to this, in Autumn 2020 the Mayor of London, Sadiq Khan, announced funding for more than 900 homes for London’s rough sleepers. 38 homelessness projects were selected to receive funding, including Resonance’s Everyone In Fund.

A £5 million investment from Greater London Authority into the Resonance Everyone In Fund, enabled Resonance to extend its long running homelessness property fund initiative in London. The fund is helping to address the specific and urgent housing need that arose from the pandemic by providing move-on accommodation for individuals who had been temporarily housed in hotels and other emergency accommodation, and to help prevent a return to rough sleeping.

Greater Manchester Combined Authority

Greater Manchester Combined Authority (GMCA) is made up of ten Greater Manchester councils and the Mayor, which work with other local services, businesses, communities and other partners to improve the city region for the 2.8 million people who live there.

We have worked closely with GMCA across multiple property funds, as well as helping expand Resonance Community Developers across the region.

Greater Manchester Pension Fund

Greater Manchester Pension Fund is one of the largest public sector pension schemes in the UK and the eleventh biggest defined benefit pension fund in the UK. 

Greater Manchester Pension Fund was one of the seed investors into the National Homelessness Property fund 2, investing £10 million. It was also the first UK pension fund to invest into a Resonance homelessness property fund. It helped enable the fund to initially focus on tackling homelessness and housing issues in the Greater Manchester region. 

MacArthur Foundation

The organisation strives to enable transformative change, addressing social and environmental challenges around the world, in part by building the field of impact investing and providing catalytic capital. One of their areas of focus has been housing; in particular, supporting more balanced, forward-looking housing policies that acknowledge the importance of affordable rental housing and the role that various attributes of housing may play in promoting strong, resilient families and vibrant communities.

MacArthur was one of the seed investors into the Women in Safe Homes fund when it launched in December 2020, and – alongside fellow seed investor Lostand Foundation – was the first overseas, US-based investor, into one of Resonance’s property funds.

Their £3.7 million investment into the Women in Safe Homes fund was made through the Catalytic Capital Consortium, an investment, learning and market development initiative, conceived of by the MacArthur Foundation in partnership with The Rockefeller Foundation and Omidyar Network, to demonstrate the power of catalytic capital and to expand the reach of the impact investing field.

Patron Capital Partners

Patron represents over €5 billion of capital across several funds and related co-investments, investing in property and property related opportunities. Patron has a strong understanding of the UK housing market and an in-depth network in the sector through a successful track record in residential investment including development, owning care homes and thousands of residential homes and flats across the country.

Patron has a 26-year successful track record in building partnerships with multiple stakeholders within these investments. Patron has also invested in real estate credit which offers financial facilities to multi asset classes including housing, apartments and similar.

In addition to its significant contribution in fund setup costs and joint management of the Women in Safe Homes fund, Patron Capital’s founder and managing director Keith Breslauer, as The Breslauer Family, invested £1 million into the Women in Safe Homes fund. Philanthropy and impact are a core part of Patron Capital, leading to the creation of the Patron Charitable Initiatives programme in 2010. This brings together charitable work in the business with the philanthropic interests of the Breslauer family and is principally focused on the armed forces, schools and foundations.

Rathbone Greenbank Investments

Rathbone Greenbank Investments is the dedicated ethical and sustainable investment team of Rathbones, one of the UK’s leading investment managers. Rathbone Greenbank have been staunch supporters of our Resonance Social Investment Tax Relief (SITR) Funds covering the South West, North West and West Midlands. They have brought the highest number of investors to those funds, who have been able to take advantage of the tax relief, whilst supporting social enterprises to tackle poverty and inequality in those regions.

Schroder Better Society Capital Social Impact Trust plc

In 2020, Better Society Capital (one of the UK’s leading impact investors) partnered with leading investment manager, Schroders, to launch the Schroder Better Society Capital Social Impact Trust plc. Following a successful initial raise of £75 million, it listed on the London Stock Exchange. The fund is pioneering and allows ordinary investors access to private market impact investment for the first time and brings millions of pounds of additional capital to help social enterprises and charities.

The investments will address social challenges ranging from helping people with dementia or learning disabilities, to providing homes and support for those who have experienced homelessness or are survivors of domestic abuse.

One of the first investments of the fund was into Resonance’s Real Lettings Property Fund (RLPF1).

The Schroder BSC Social Impact Trust provides investors with unique access to a diversified portfolio of high impact private market investments within a liquid investment vehicle. Capital at risk.

Snowball

Snowball is an innovative impact investment firm that runs a globally diversified multi-asset portfolio that seeks to maximise positive social and environmental impact as well as make a competitive financial return. Snowball’s mission is to make impact investment easy for everyone to access and to change the financial system to mainstreaming impact investing. The portfolio has exposure to public and private market investments. Snowball has supported both our community asset funds and property funds with investment.

ST MUNGO'S

Our partnership with St Mungo’s focuses primarily on scaling their social enterprise ‘Real Lettings’ through a series of private rented sector (PRS) property funds to provide ‘move-on’ accommodation for homeless individuals and families. 

The South West Academic Health Science Network (SW AHSN)

The South West Academic Health Science Network was a key investor in our Health & Wellbeing Challenge Fund (South West). This innovative organisation works to improve the health and patient experience of people in the South West by supporting and accelerating innovation and quality improvement. They share proven innovations and programmes across the South West healthcare system and provide support and opportunities to innovators and businesses. Its Patient Safety Collaborative supports continuous learning and improvement to reduce the risk of harm and make care safer for all.

Trust for London

Trust for London works on some of London’s most pressing social issues, promoting equality and fighting poverty. Their focus is to improve work, housing and living standards as well as opportunities for people facing sustained and systemic disadvantage.

They are one of the first investors into our homelessness property funds. They have invested in both our Real Lettings Property Funds 1 & 2, supporting people in London who were at risk of homelessness.

Notting Hill Genesis 

Notting Hill Genesis is one of the largest housing associations in the country, managing homes across London and the south-east.

They build and maintain quality homes, with the ambition of creating diverse and thriving communities. This is their primary purpose and everything else they do supports that. They own and manage stock for social, affordable and private rent, leasehold, keyworker housing, care and support, temporary housing and shared ownership.

Developing Health and Independence

DHI helps those at risk of experiencing homelessness to turn their lives around. They provide support around issues such as housing, debt, income, employment and substance misuse.

They offer a range of specialist services in Bath & North East Somerset, Bristol, Wiltshire, South Gloucestershire and Somerset, including housing support and advice, and ‘Reach Out’ events for families and carers of people misusing drugs and alcohol. 

Nacro

Nacro is a national social justice charity with more than 50 years’ experience of changing lives, building stronger communities and reducing crime. Nacro is a leading registered social landlord and charity,  which also provides criminal record support, a substance misuse service and education and learning services such as apprenticeships, training and courses. Housing is fundamental to their mission, and they are partnered with multiple impact property funds. 

Cyrenians

Our first Scottish housing partner, Cyrenians tackles the causes and consequences of homelessness, with a clear focus on prevention and reaching those on the cusp of homelessness as well as those in crisis and in recovery. Cyrenians build relationships that support people to flourish and move towards more positive and stable futures.