Sir Ronald Cohen is on a mission. Back in the 1970s he was one of the key players in the development of the venture capital industry in the UK, setting up Apax Partners. But now he’s using the approach he developed financing businesses and delivering a return to investors to tackle social issues.
When you listen to Cohen (below) talk about it, the scale of the challenge is what interests him. He sees social problems getting bigger but charities and the public sector less able to try new approaches because their time is spent servicing existing needs. So 10 years ago he set about proving that ‘social investment’ could have an impact. He co-founded Bridges and the Social Investment Business and played a role in the creation of social impact bonds that are now spreading to other countries.
To read the original article: Saving the world with tech? It’s getting easier all the time — European technology news
