Founded | 2011 |
---|---|
Headquarters | Boston, MA |
Leadership | Tracy Palandjian, Co-Founder and Chief Executive Officer Lara Metcalf, Managing Director Jeff Shumway, Vice President of Advisory Services Navjeet K. Bal, Vice President and General Counsel |
Board of Directors |
Bracebridge H. Young, Jr., Chair Edward L. Shapiro, Vice Chair Sir Ronald Cohen Pamela Dippel Choney Karen Dynan Ian Simmons Laurene Sperling Sandra A. Urie Bracebridge Capital |
Website | www.socialfinance.org |
Bracebridge H. Young, Jr., Chair
Mariner Investment Group
Edward L. Shapiro, Vice Chair
PAR Capital Management
Sir Ronald Cohen
Big Society Capital, G8 Social Impact Investing Taskforce
Pamela Dippel Choney
Former Wellington Management Company
Karen Dynan
John F. Kennedy School of Government
Ian Simmons
Blue Haven Initiative
Laurene Sperling
Sperling Family Charitable Foundation
Sandra A. Urie
Cambridge Associates
Social Finance, Inc. is a nonprofit organization focusing on the emerging field of Pay for Success (PFS) financing (also called a Social Impact Bond (SIB)) in the United States. Social Finance provides advisory, social investment, and active performance management services to public- and private-sector partners seeking to drive more resources to social programs that deliver proven results to those in need. The organization has offices in Boston, MA, Austin, TX and San Francisco, CA.
In January 2011, David Blood (Generation Investment Management), Sir Ronald Cohen (Global Social Impact Investment Steering Group and The Portland Trust) and Tracy Palandjian founded Social Finance as a sister organization to Social Finance, Ltd., which pioneered the PFS model and launched the first PFS project in 2010. The organization was started in Boston, MA, and added an Austin, TX, office in 2015. Its founding supporters include Omidyar Network, The Pershing Square Foundation, and The Rockefeller Foundation.
Tracy Palandjian has served as Social Finance’s CEO since its founding in 2011. She is a leader in the field of impact investing, and currently serves as Vice-Chair of the U.S. National Advisory Board to the Global Impact Investment Steering Group (previously the G8 Taskforce), which aims to catalyze the development of the social impact investment market. She is a frequent speaker and writer on impact investing and social innovation, and has been covered in The Wall Street Journal, The Economist, Forbes, and The New York Times, among other media outlets. She is the co-author of Investing for Impact: Case Studies Across Asset Classes, a report that provides a view on the evolution of the impact investing industry.