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Paul O'Sullivan - Clann Credo

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Social Impact Investment

Your Title Here

Paul O’Sullivan

Clann Credo -­‐ the Social Investment Fund

#ccents13

1


What is Social Impact Inves


© Clann Credo 2013

3


Interna


How does it work?

State and SII Organisa


Key Components

Outcomes based contract with defined


SII Organisa


SII Organisa


SII Organisa


Independent Verifica


Service Provider Delivering Improved Outcomes

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© Clann Credo 2013

12


SII Model

Focus is on outcomes, not inputs and outputs

Leverages non-­‐Exchequer funding

Aligns State, Service Providers and Investors to achieve desired outcomes

Transfers financial risk from State to Investors -­‐ Investors are repaid if and

when outcomes achieved

Up-­‐front funding for early interven


SII Model

Uses an third-­‐party to manage all of the rela


Other Benefits

Promotes innova


Thank you

Please stay in touch!

www.clanncredo.ie

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Session 2

Social Impact Investing

Chair: Pat Farrell - CEO, Irish Banking Federation

Paul O’Sullivan - CEO, Clann Credo - the Social Investment Fund

Catherine Maher - National Director of Services and Housing,

Focus Ireland

#ccents13

17

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