Social Impact Bonds and Pay-for-Success projects are gaining recognition around the world for tackling complex social challenges such as poverty, crime, education, health, and workforce success. Rooted in innovative public-private-nonprofit partnerships, these transactions leverage philanthropic and investment capital to measurably improve the lives of vulnerable populations, and reflect a deep commitment to driving social progress through market-based approaches. As Asia readies itself to adopt this model, AVPN has brought in two experts from the US and Australia to discuss their experience in structuring and executing social innovation financing instruments in their respective countries. Join our webinars in order to find out more and participate in the interactive Q&A session if you have direct questions for the speakers.
17th March 2014, 10am Singapore time
In our first session, Tracy Palandjian, CEO and Co-Founder of Social Finance US, will provide an introduction to Social Impact Bonds (SIBs) and a US market overview. Tracy will also speak to case studies of successful projects and the context needed for successful transactions.
For more than a decade, Tracy has dedicated herself to building a more impactful nonprofit sector by re-imagining the role of the capital markets in enabling social progress. Inspired by her work with its sister organization in the UK, Tracy co-founded Social Finance, Inc. in January 2011. Prior to Social Finance, Tracy was a Managing Director for 11 years at The Parthenon Group where she established and led the Nonprofit Practice and worked with foundations and NGOs to accomplish their missions in the US and globally. She is co-author of Investing for Impact: Case Studies Across Asset Classes, a report that provides an important view on the evolution of the impact investing industry. Prior to Parthenon, Tracy worked at Wellington Management Co. and McKinsey & Co.
Tracy is the Co-Chair of the U.S. National Advisory Board of the G8 Social Impact Investment Task Force and the Board of Directors of Facing History and Ourselves. She is a member of the Board of Overseers at Harvard University and a Director of Affiliated Managers Group (NYSE: AMG). A former trustee, she also serves on the Milton Academy Investment Committee.
Tracy is a frequent speaker and writer on impact investing and social innovation, having been covered in The Atlantic, The Economist, Forbes, and The New York Times. Tracy graduated magna cum laude from Harvard College, with a B.A. in Economics, and holds an M.B.A. with high distinction from Harvard Business School where she was a Baker Scholar.
About Social Finance
Founded in January 2011, Social Finance US is a 501(c)(3) nonprofit organization that is dedicated to mobilizing investment capital to drive social progress. We believe that everyone deserves the opportunity to thrive, and that social impact financing can play a catalytic role in creating these opportunities.
We are dedicated to designing public-private-nonprofit partnerships that tackle complex social challenges such as poverty, crime, education, health, and workforce success. As market intermediaries, we structure these partnerships by aligning the unique interest of all stakeholders – service recipients and providers, government and investors – to create innovative social financing solutions. This work reflects our commitment to driving social progress through a market-based approach, as well as our deep experience in the governmental, capital markets, social services, and philanthropy sectors.
Core to our work is the development of Social Impact Bonds (SIBs), which draw upon private capital to fund effective interventions designed to address the needs of the underserved. Social Impact Bonds have the potential to unlock a new and vast pool of investment capital to finance the expansion of effective, prevention-based projects, while focusing on measurable outcomes and generating social and financial returns for investors.
Please click on this link to register for the webinar: