Social Finance and DC Pursue the Nation's First Teen Pregnancy Prevention Social Impact Bond

Social Finance is partnering with DC to launch the nation’s first​ SIB aimed at reducing teen pregnancy and increasing educational outcomes for high school-aged youth. Read more here.

Social Finance and Bank of America Launch ​Veterans Feasibility Study

Social Finance has been commissioned by Bank of America to conduct a feasibility study exploring innovative financing solutions to expand critical services for military veterans. Read the release here.

 

Social Finance Drives Landmark New York State Deal

Social Finance, in partnership with New York State and CEO, is proud to announce the release of key documents related to the nation's first state-led SIB.

Please read more here

Video: Impact Investing: The Second Act

Social Finance CEO Tracy Palandjian discusses the promise of Social Impact Bonds at the Clinton Global Initiative 2013 Annual Meeting.

Watch the video

Foundations for Social Impact Bonds: How and Why Philanthropy is Catalyzing the Development of a New Market

Social Finance is delighted to share this study on philanthropy's role in the SIB market. Event video here Read more here

 

What's New

July 22, 2014

A recent Marketplace Morning Report featured the Rikers Island SIB, a $9.6 million investment from Goldman Sachs funding cognitive behavioral therapy for young offenders. Goldman stands to recoup this investment if the program decreases recidivism by 10% and earn a return if the reduction exceeds that threshold. Please read or listen to the story here.

July 14, 2014

A new Forbes article explains Development Impact Bonds (DIBs)—a form of Pay-for-Success financing focused on international development—and features a recently announced DIB transaction aimed at breaking the cycle of poverty in Rajasthan, India by improving enrollment and education outcomes for 10,000 girls in 150 schools. Please read more here.

July 2, 2014

Social Finance U.S. CEO Tracy Palandjian and Director of Knowledge Management Jane Hughes have composed a strong field framework for SIBs. In this article, they discuss how developments in shared identity, standards of practice, knowledge base, leadership and grassroots support, and funding and supporting policy can shift the nascent SIB sector toward maturity and sustainability. Please read more here.

July 1, 2014

"These are long-term systems-change recommendations," says Tracy Palandjian, CEO of Social Finance U.S. and Co-Chair of the U.S. National Advisory Board on Impact Investing. For more insights on the NAB's report from Institutional Investor Magazine, please continue reading here.

Featured Publications

In their Strong Field Framework for SIBs published by the Stanford Social Innovation Review, Social Finance U.S. CEO...

Social Finance in partnership with Bank of America Merrill Lynch is proud to announce the release of a Pay-for-...

Social Finance in partnership with the State of New York and CEO is proud to announce the release of key...

Blog

June 26, 2014

Today, Social Finance US announced an innovative new impact investment initiative to address the challenge of high teen pregnancy rates in the District of Columbia. This initiative is one of more than twenty new commitments made public at...

June 19, 2014

The Social Impact Bond (SIB) market has recently gained tremendous momentum. Today, there are four SIBs operating in the United States—channeling $50 million in capital to the social sector—and at least two dozen additional states and counties actively pursuing SIBs in their respective...

June 19, 2014

The pace of exploration regarding Social Impact Bonds (SIBs) has picked up at the federal level. President Obama’s FY2015 Budget included nearly $500 million in Pay-for-Success-related (PFS) funding, including a $300 million Treasury “Incentive Fund” and millions in Social Innovation Fund (SIF)...