During the 13th EU webinar, we will be discussing outcome funds, where these are positioned in the EU policy framework, which initiatives the EU is considering, what are the strengths and the weaknesses of these mechanisms, as well as the challenges to implement outcome funds in Europe, and how investors and SPOs can use them to maximise social impact.
The webinar will explore the topic of outcome funds, where these are positioned in the EU policy framework, which initiatives the EU is considering, what are the strengths and the weaknesses of these mechanisms, as well as the challenges to implement outcome funds in Europe, and how investors and SPOs can use them to maximise social impact.
15.00 - 15.10 Introduction - Matteo Mascolo, EVPA
15.10 - 15.20 The EU Policy and strategy on Outcome Funds - Georgia Efremova, European Commission,
15.20 - 15.30 EU innovative outcome-based financial products - Philippe Bernard-Treille, European Investment Fund
15.30 - 15.40 Financing outcomes - the UK journey through Outcomes Funds - Jane Newman, Social Finance UK
15.40 - 15.50 Lessons learned from establishing an Outcomes Fund in Portugal - Filipe Almeida, Inovacao Social Portugal
15.50 - 16.20 Q&A session - All Panellists
16.20 - 16.30 Conclusion - Matteo Mascolo, EVPA
Georgia Efremova is a Policy Officer for Social Impact Investment at the European Commission, Directorate General for Economic and Financial Affairs, where she currently coordinates the work of the Directorate on EU policy development and financial instruments in the area of social investment, developed together with the EIB Group and other IFIs and contributing to the achievement of the United Nations Sustainable Development Goals.
This builds on her previous experience working with the United Nations Development Programme on area-based development and social inclusion in CEE. Georgia has also previously worked in the fields of urban policy and poverty reduction, CSR and finance. Her academic background includes studies in Economics (UIC Chicago), Political Science (CEU Budapest), and doctoral research in Social Anthropology (UCL London).
Philippe is an Investment Manager at the European Investment Fund (EIF) with 15 years of experience in venture capital, private equity and impact investing.
At EIF, Philippe is focusing on the deployment of social impact instruments and impact investment strategies within the EU. During the past 10 years at EIF, Philippe has led and monitored investments in impact investing, payments by results, venture capital, private equity, mezzanine and growth capital funds across Europe. Prior joining EIF, Philippe worked in investment banking in London, focusing on M&A transactions. During his entire career, Philippe has worked on various projects related to social inclusion in particular with mentally handicapped and autistic children and young people facing social exclusion. Philippe has Master in Finance from Ecole Nationale de Ponts et Chaussées (ENPC) and UniversitéParis X and a Master in Business Law from UniversitéParis I - Panthéon Sorbonne (France).
Jane is International Director of Social Finance UK. Social Finance is a not for profit organisation that partners with government, social sector organisations and the financial community to find better ways of tackling social problems.
It pioneered the UK's Social Investment Bank and the Social Impact Bond concept as well as the application of Jam Jar Accounts and a Care and Wellbeing Fund. As International Director, Jane works in collaboration with Social Finance sister organisations and intermediaries in other jurisdictions to support the development of Social Impact Bond models in those markets. Before joining Social Finance she was a Director of The Social Investment Business, the UK's largest social investor, and before that was a senior corporate partner with the international law firm, Simmons & Simmons, working in London, Germany, and China. Jane is a member of the board of EVPA.
Filipe Almeidais currently President of the Mission Unit "Portugal Social Innovation", a public entity created to promote social innovation and develop the social investment market in Portugal.
He is professor of the University of Coimbra (Portugal) and researcher at the Center of Social Studies. He holds a PhD in Business Administration from EBAPE / FGV (Brazilian School of Public Administration and Business, Getúlio Vargas Foundation, Brazil) and a PhD in Business Management from the University of Coimbra. He also holds a Master's Degree in Business Sciences, having attended the MBA program at Virginia Polytechnic Institute and State University (USA).