Cofounder and CEO, Social Finance
Tracy Palandjian is cofounder and chief executive officer of Social Finance, a nonprofit organization which is leading the development of Pay for Success financing and Social Impact Bonds, an innovative public-private partnership that mobilizes capital to drive social progress.
For more than a decade, Palandjian has committed to building a more impactful nonprofit sector by re-imagining the role of the capital markets in enabling social progress. Inspired by Social Finance UK, Palandjian cofounded Social Finance US in January 2011 to develop the Social Impact Bond and Pay for Success model in the United States. Prior to Social Finance, Palandjian was a managing director for eleven years at The Parthenon Group where she established and led the Nonprofit Practice and worked with foundations and NGOs to accomplish their missions in the US and globally. Palandjian also worked at Wellington Management Co. and McKinsey & Co.
Palandjian is coauthor of Investing for Impact: Case Studies Across Asset Classes. She is vice-chair of the U.S. National Advisory Board to the Global Impact Investment Steering Group (previously the G8 Taskforce). She is a member of the Board of Overseers at Harvard University, and serves on the boards of Facing History and Ourselves and the Surdna Foundation. She is also a director of Affiliated Managers Group (NYSE: AMG).
Palandjian is a frequent speaker and writer on impact investing and social innovation, having been covered in The Wall Street Journal, The Atlantic, The Economist, Forbes, and The New York Times. A native of Hong Kong, Palandjian is fluent in Cantonese and Mandarin. She graduated magna cum laude from Harvard College, with a bachelor’s degree in economics, and holds an MBA with high distinction from Harvard Business School where she was a Baker Scholar.