What is the future of Social Impact Capitalism?
with Sir Ronald Cohen, Chair of The Portland Trust, Big Society Capital and founder and former chair of Bridges Ventures, Tracy Palandjian, CEO and Co-Founder, Social Finance U.S., and Audrey Choi, Managing Director and Head of Global Sustainable Finance, Morgan Stanley, and Alicia Glen, Managing Director, Goldman Sachs; moderated by Georgia Levenson Keohane, Fellow, Roosevelt Institute, Adjunct Associate Professor, Columbia Business School.
Please join us for a panel discussion and Q&A followed by a reception.
In recent years there has been much noise about the emerging fields of social finance and innovation, impact investing and new ways that private capital is being harnessed to address social and environmental problems. Please join us to hear from three of the field’s leading pioneers and practitioners who will explain what they mean by social impact capitalism – what works, what does not, and what we can expect to see in the years ahead at the intersection of profits and purpose.
We are delighted to welcome:
Sir Ronald Cohen, widely considered to be both a founding father of both modern venture capital and the impact investing field, is the former Chair of Apax Partners Worldwide LLP. He launched and chairs the U.K.’s Social Investment Taskforce in 2000, The Portland Trust, Bridges Ventures, Social Finance U.K., and Britain’s Big Society Capital bank, all dedicated to advancing social impact finance. As one of the architects of the world’s first social impact bond, Sir Ronald Cohen has become the leading champion of investment that considers the “invisible heart” as well as the “invisible hand.”
Tracy Palandjian is the CEO and Co-founder of Social Finance U.S., the sister organization of Social Finance UK and Social Finance Israel, and one of the country’s leading nonprofits dedicated to mobilizing investment capital to drive social progress. The Social Impact Bond, which is core to Social Finance's current work, has been recognized for its potential in providing innovative financing solutions to some of the most persistent societal problems in the U.S. and abroad. Previously she was a managing director at The Parthenon Group, worked at Wellington Management Co. and McKinsey & Co.
Audrey Choi is Managing Director and Head of Morgan Stanley Global Sustainable Finance. The Global Sustainable Finance group harnesses the power and discipline of the capital markets to advance impact investing, expand economic opportunity, promote community development, and enhance environmental sustainability. Previously, she served in the Clinton-Gore Administration in senior policy positions at the White House, in the Commerce Department and at the Federal Communications Commission. Prior to this, Ms. Choi was a bureau chief and foreign correspondent for The Wall Street Journal. Ms. Choi was appointed by President Obama to serve as a member of the U.S. Community Development Advisory Board.
Alicia Glen is a Managing Director at Goldman Sachs and is the Head of the Urban Investment Group (UIG), the firm’s business platform focused on providing capital to under-served domestic urban markets and coordinating CRA investing and lending activity. In addition to serving on the UIG Investment Committee, she is a member of the GSBank Management Committee, and Co-Heads the 10,000 Small Businesses Initiative. Under her leadership, UIG has become the industry leader in structuring complex public-private partnerships, catalyzing more than $6 billion of development across dozens of residential, mixed-use and commercial projects, as well as financing job creation and neighborhood revitalization strategies like the $40mm New York Healthy Food and Healthy Communities Fund. Most recently, UIG structured, and was the sole investor in the first domestic Social Impact Bond, a $10mm initiative with the City of New York to reduce recidivism among young male adults in the Rikers jail.
Moderator adjunct professor Georgia Levenson Keohane at Columbia Business School, is also a Fellow at the Roosevelt Institute, where she works on a range of issues in economic policy including poverty and inequality, employment and job growth, and social entrepreneurship and the role of firms in society. A former McKinsey consultant and foundation executive, Keohane advises a number of organizations including philanthropies, educational entities, community development agencies, and think tanks. Keohane is the author of Social Entrepreneurship for the 21st Century: Innovation Across the Nonprofit, Private and Public Sectors (McGraw Hill 2013).
|Attendee Fee (nonrefundable, but transferable)||$ 15.00|
|Columbia Business School Students (ID's will be checked at registration)||$ 0.00|