Patron Capital, the pan-European institutional investor focused on property-backed investments, has been shortlisted at the MoneyAge Wealth & Asset Management Awards 2024 for ESG Initiative of the Year, for its social impact fund, the Women in Safe Homes fund.
The Women in Safe Homes fund was created to provide safe and secure housing for women experiencing or at risk of homelessness, domestic abuse survivors, ex-offenders, and those with complex needs. The fund, which Patron manages in partnership with Resonance, aims to create 150 homes over its lifetime, benefiting over 1,500 women. The fund addresses gender-specific housing challenges, setting a precedent for socially responsible real estate investment.
As of December 2023, the fund houses a total of 206 women and children; the fund has so far acquired 68 properties, with a further circa 55 target properties in the pipeline. Of the acquired homes, 51 handovers to the fund’s housing partners have been completed.
The winners will be announced on 2 May 2024 at the awards ceremony, which is taking place at The Waldorf Hilton, London.
Keith Breslauer, Managing Director of Patron Capital, said:
“The demand for safe and secure homes for at-risk women is extremely high, with domestic abuse being one of the leading causes of homelessness for women and children. Meanwhile, renting property via traditional routes can be problematic for vulnerable women and their families. The Women in Safe Homes fund was created to address this complex issue and I am so proud to see its achievements recognised with this shortlisting. The fund’s ability to attract a diverse group of investors, secure substantial commitments, and adapt its strategies has positioned it as a powerful force in the field of social impact.”
Media Enquiries to:
Polly Warrack t: +44 (0)7808 541191
SEC Newgate e: patron@secnewgate.co.uk
Notes to Editors
