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PERMIRA DEBT MANAGERS IN NEW PARTNERSHIP WITH SBT

July 17th, 2018

Finance experts to help SBT’s portfolio of social enterprises grow

Social Business Trust (SBT) is delighted to announce a new corporate partnership with Permira Debt Managers (PDM).

The company, a leading provider of alternative credit solutions and long-term capital for successful businesses, will provide financial support and in-kind expertise to help great social enterprises grow.

PDM is a partner in the growth of household names like Paperchase and Soho House.

Thomas Kyriakoudis, Chief Investment Officer, PDM, said he and his team look forward to applying their skills to support social enterprises as they scale-up: “I think PDM can add real value to the partnership and it’s going to be excellent working together. We’re delighted to be part of SBT: the whole team is!”

PDM staff have already begun to get involved across SBT’s portfolio, working with social enterprises including Brightside, Catch Up and Shakespeare Schools Foundation (pictured).

Adele Blakebrough MBE, CEO of SBT said: “With their deep expertise in what’s needed for businesses to grow, PDM add something really special to SBT. By helping our social enterprises, they will ultimately make life better for thousands of people across the UK.”

“Permira were our first Founding Partner and continue to play a pivotal role in our work.  We’re thrilled to now have their independent debt management and advisory business contributing to SBT as well.”

Thomas Kyriakoudis will sit on SBT’s Investment Committee, alongside leaders from its other corporate partners: Thomson Reuters, Permira, EY, Clifford Chance and Bain & Company. The Committee meets quarterly to decide which social enterprises to support.

Picture by Splaat Media