Finance

OakNorth provides £40m loan to social housing group

By 2022-03-07T10:47:00

Social housing

Source: Shutterstock/Ewelina Wachala

OakNorth Bank has agreed a £40m loan to Grosvenor Hill Social Impact Group, a newly formed social impact fund, to build a portfolio of social housing.

Grosvenor Hill Social Impact Group will be led by the team behind Mountain Capital and MLX Capital.

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