The Council invested £30m 10 years ago with Resonance in return for dividend income and property nomination rights for TA/EA. The fund mature in February 2023 and the Council now needs to re-consider the investment.
Decision type: Key
Decision status: For Determination
Wards affected: (All Wards);
Notice of proposed decision first published: 14/09/2022
Decision due: 25 Jan 2023 by Cabinet
Lead member: Cabinet Member for Finance
Lead director: Corporate Director of Resources (Section 151)
Department: Resources Directorate
Contact: Nish Popat, Interim Head of Corporate Finance Email: nish.popat@croydon.gov.uk.