Denver and discussion…a D day of sorts for SIB News…
Are Social Impact Bonds Financing The Future Of Social Services? (subscription)
Dexter Whitfield – Open Minds
Global banks such as Bank of America Merrill Lynch, Goldman Sachs, JP Morgan Chase and Co. and Morgan Stanley have played a key role in promoting and funding social impact bond projects in anticipation of attracting wider private investor interest. Foundations, in particular the Rockefeller Foundation and the J.B. and M.K. Pritzker Family Foundation, have similarly promoted and funded projects. Impact investment and social finance organisations have published reports that portray social impact bonds as the ‘best thing since sliced bread’.
Mary K. Cunningham, Mike Pergamit, Sarah Gillespie, Devlin Hanson & Shiva Kooragayala – Urban Institute