It's independent to government. It was capitalized with £600 million, and £400 million of that came from dormant bank accounts, so unused bank accounts where there was legislation that allowed those to be used for the purpose of supporting a social investment wholesaler. Another £200 million came from our largest high street banks. It's been set up to be independent to government and to be self-sufficient, by which we mean that, when it invests, it invests with the intent of getting its money back and covering its costs.
The way it predominantly works is by being a cornerstone investor in social investment funds and those social investment funds themselves specialize in certain areas, with different types of lending to different organizations.
It was set up in 2012 and it's been running for a couple of years. It's now supported over a hundred front-line organizations. When it was set up there were about eight funds in the U.K. and there are now over 30 of those funds.
I think perhaps crucially what it's done is it's unlocked about two times the amount of money that it itself has invested through private markets.