Inspired by her work with its sister organization in the U.K., Tracy Palandjian cofounded Social Finance in January 2011 to mobilize investment capital to drive social change. The Social Impact Bond, which is core to Social Finance’s work, is a public-private partnership organized to produce shared economic and social value. Social Impact Bonds raise private capital to fund nonprofit prevention programs that improve social outcomes and generate long term public-sector savings, a portion of which is used to finance returns to investors. Prior to Social Finance, she was a Managing Director at the Parthenon Group, where she established and led the consulting firm’s nonprofit practice. Prior to Parthenon, Palandjian worked at Wellington Management Co. and McKinsey & Co.