The InvestAge Team

The founding members and directors of InvestAge comprise a strong team of collaborators with wide-ranging business knowledge, later life sector experience, financial expertise and big ambitions; we’d like you to join us. The directors (pictured below) are responsible for planning the organisation, raising the start-up capital necessary and exploring the numerous projects that will make a big contribution to a better later life – with the right sort of advice and investment.

Richard Adams OBE

“InvestAge has the potential to change how we approach and live later life for the better. It’s a practical, exciting way that everyone can make a difference.”

Richard has spent his working life in the founding and development of several successful charitable, community-owned, or co-operative enterprises. These allow people to express constructive social and environmental values through their work, spending or saving, such as Traidcraft, Warm Zones, Fairtrade Foundation, Out of this World supermarkets. He has honorary doctorates from both Durham and Newcastle Universities, chaired Newcastle and North Tyneside Community Health NHS, received an OBE for services to ethical business, won the New Statesman Social Entrepreneur Award and was listed by the Independent newspaper as one of the top 50 people in the UK who had had most impact in “making the world a better place” for his development of the concept of ethical shopping.

Canon Chris Beales

“Living longer doesn’t always mean living happier. InvestAge brings new energy and substantial resources to challenge our paralysis and channel our vision for a society where everyone, whatever their age, truly belongs.”

Chris currently works mainly on housing and education and, as a William Leech Research Fellow in Applied Theology, has been researching new housing developments across North East England. He is a member of the Archbishop of Canterbury’s Commission on Housing, Church & Community. He has worked on faith and economy issues at local and national levels and in international development and pioneered Government’s work with faith communities whilst on secondment from the Church of England. He was the first Director of the Churches’ Regional Commission in the North East, returning to London to start a business and develop a charity, Employment Forum (UK), with two main programmes, a Black Economic Empowerment Programme (working with black majority churches) and an Inter-Faith Action Programme.

Alma Caldwell

“I thoroughly recommend InvestAge. It is a new way to be actively involved in creating and supporting a positive ageing experience so we can all live our best lives together.”

Alma was Chief Executive Officer of Age UK North Tyneside from 1994 – 2019 and has over 35 years’ experience working in the Third Sector. She is an inspirational leader, focused on investing in people to improve quality of life for those most disadvantaged in our communities. Her passion and commitment to addressing social injustice ranges from work in homelessness, offending, estate regeneration, social enterprise development and ageing.

Welcome to Investage

Peter Gilson

“I see InvestAge as providing opportunities to attract and fund social and technological developments that could make tomorrow’s innovations and benefits a reality today.”

Peter currently works at Northstar Ventures as the lead Investment Manager on the North East Social Investment Fund identifying opportunities to invest in sustainable, impactful charities and social enterprises across the North East. His role and experience have enabled him to make a significant impact in the development of the social investment market in the North East. He previously spent 30 years in banking at Barclays both leading regional local business teams and assessing European wide advances, from major European conglomerates, within the bank’s head office in London. Peter became involved in the social sector through working with Futurebuilders England, which later became Social Investment Business. Latterly he worked for Entrust, leading and developing their fund management programmes, before joining Northstar in 2014.

Maureen O'Neill OBE

“This innovative co-operative venture is very timely and welcome. It represents a mutual investment for all our futures.”

Maureen has worked in the voluntary sector in Scotland for the past 40 years. She was previously Director of Age Concern Scotland (now AGE Scotland); a UK appointee to the European Economic and Social Committee; head of policy and public affairs for the Scottish Association for Mental Health. In addition, she is currently the chairperson of a care home and was previously a member of the Scottish Social Services Council; a member of NHS Quality Improvement Scotland and the chair of the Lay Advisory Committee of the Royal College of Physicians of Edinburgh. She is currently the Director of Faith in Older People a Scottish voluntary organisation.

Derek Osborn CB

“As members of InvestAge we may be able to play a part in the planning and delivery of the kind of services and facilities for older people that we shall all need in due course.”

Derek is President of the Stakeholder Forum for Our Common Future, and has been Chair or Board member for several organisations in the public, private and voluntary sectors. As Director-General for Environmental Protection with the Department of the Environment he led the UK preparations for the first Rio Earth Summit in 1992. Later he chaired the Management Board of the European Environment Agency and was the first chair of the Sustainable Development Observatory of the European Economic and Social Committee.

​Mark Patchett

“This is a such a brilliant idea and a great means for people from all walks of life to pool resources to make a difference for our parents and indeed us all as we reach our older years.”

Mark has over 35 years’ hands-on community development experience within urban and rural communities across the UK. With a degree in Management Sciences and a short career in sales and marketing, Mark turned his skills to start and develop numerous social enterprises. He specialises in setting up and running Community Trusts, usually in partnership with developers and local government, to deliver high quality stewardship and inclusive placemaking to benefit the whole community within major new housing developments.

Dr Michael Price

“Our ageing society is an increasingly unequal one, leading to numerous social, health and economic problems. I absolutely believe that these problems are entirely surmountable through our collective endeavour.”

Michael is a Senior Research Fellow at Leeds University Business School. He is also a Visiting Research Fellow at The Centre for Research on Entrepreneurship, Wealth and Philanthropy at Newcastle University. Michael is an expert in corporate governance and has a specific interest in understanding how organisations can be more accountable to their stakeholders. He is a Fellow of the Higher Education Academy.

Phil Wells

“My experience at Age UK Norwich showed me clearly that ‘patient finance’ is a barrier to establishing projects that can make a difference to later life. InvestAge is a great opportunity to make a better future.”

Phil taught and worked at the Natural History Museum then moved to the third sector managing the charitable arm of Traidcraft, going on write The Global Consumer – a guide to the human impact of consumer products – before joining the Fairtrade Foundation, leading it as Director through its first 9 years of rapid growth and achievement. At a more local level, he has served as CEO of Age UK Norwich, steering it through the local government cuts and restructuring of the health service to a position of some security with a range of income sources and public sector and private sector partners. Most recently, Phil has worked for Business in the Community as an adviser to member companies in developing and implementing strategies to achieve core business objectives through Corporate Responsibility.

InvestAge is a multi-stakeholder cooperative (No. 4604) registered with the Financial Conduct Authority under the Co-operative and Community Benefit Societies Act 2014. It is a member of Co-operatives UK and the UK Sustainable Investment and Finance Association.

Registered Address: 13 Saville Street West, North Shields, NE29 6QP

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