The concepts of local and impact investing are easy for most people to embrace: what’s not to like about investing in places you love and businesses who are doing good in the world? But the methods of doing so require specialized knowledge of securities laws.
That’s why lawyers may be the unsung heroes of impact investing and community capital.
Social Finance, Inc. CEO Tracy Palandjian sat down with LinkedIn’s Devin Banerjee, CFA at the Milken Institute Global Conference to discuss alternatives to four-year degrees as well as new ways to pay for higher education, including the rise of income-share agreements.
The finalists, selected from close to 1,000 applications, have entered the final stage of a selection process that is expected to identify five non-profit organisations to receive approximately $A10 million each and mark Macquarie Group’s 50th anniversary of operations.
Fast Company‘s third annual World Changing Ideas Awards drew nearly 2,000 submissions across 17 categories. Social Finance’s Career Impact Bonds were selected as an honorable mention in the Education and Experimental categories.
The Point in Time numbers set the stage for Council’s consideration today (Thursday, March 28) of its first Pay for Success project to increase both the number and the success rate of people exiting homelessness.
To help triple participation in home visiting programs, Governor DeWine also announced the formation of a pilot program, Pay for Success, a public-private partnership aimed at increasing the availability of, and participation in, home visiting programs.
Tracy Palandjian, CEO of Social Finance, and Herve Duteil, chief sustainability officer at BNP Paribas, join Chip Barnett of The Bond Buyer to talk about the new and growing field of social impact bonds and what it is about them that appeals to both issuers and investors.