In a recent article in the Telegraph, Sir Ronald Cohen, the “father of private equity” in the UK and founder of Apax Partners, is quoted as saying “An important part of the capitalist system is having a powerful social sector to address social issues.”
Those of us interested in social finance in Canada have long looked to the UK in general, and the work of Sir Ronald Cohen in particular, for advice and direction. Sir Ronald (as he is affectionately called) recently addressed student at Harvard Business School telling the students about the next big thing in the business world – social finance.
“If I had been leaving Harvard in 2010, this would be the area I would want to be going into,” says Sir Ronald. About one-fifth of recent Harvard Business School graduates agree given that they have been drawn to “social enterprise-type organizations.”
To read the full, original article click on this link: MaRS Blog – Innovation and Commercialization in Canada » Blog Archive » Sir Ronald Cohen on social finance: “The next big thing”
Author: Allyson