Social investment bank in the UK, the Big Society Capital has committed up to £100 million in new social projects in 2013. The organization will be targeting up to 20 new investments this year. Read more here. According to BSC’s CEO, Nick O’Donohue’s, plans to use a mode of “Payments by results” for probation services will form an important test of the capacity of UK’s social investment market. Read more here. Read Nick O’Donohue’s outlook for the year 2013 here.