Sign up to our newsletter for more in-depth insights | Follow us on LinkedIn In light of the ongoing COP26 UN Climate Change Conference in Glasgow, we're re-releasing our episode featuring Sir Ronald Cohen. Sir Ronald is the Co-Founder of Apax Partners and is widely referred to as the 'father of social investment' (as well as being a key figure in shaping British venture capital). His 2020 book, 'Impact: Reshaping Capitalism to Drive Real Change', was a Sunday Times Bestseller and shortlisted in the Financial Times' 'Best Economics Books of 2020' rankings. Sir Ronald Cohen’s extraordinary story begins in Egypt in 1956 where the Suez crisis has taken place and Egyptian nationalism is on the rise, forcing his family to leave everything and flee to England, not even speaking the language. Armed only with ambition and hope and hard work, he gets into grammar school, wins a scholarship to Oxford, then to Harvard Business school and moves on to build one of the largest venture capital firms in the world, Apax. Over the last 20 years, he has been invited to advise governments, chaired the G8 task force for impact investment, helping drive the revolution to rethink the way we invest. Along the way he has authored 3 books, the most recent being 'Impact: Reshaping Capitalism to Drive Real Change'. He has sat on the University of Oxford Investment Committee, been a member of the Board of Dean’s Advisors at Harvard Business School and Vice-Chairman of Ben Gurion University. He talks about the opportunities created by attending Oxford and Harvard, his journey to help create the UK Venture Capital industry, co-founding Apax, and the role private equity plays in developed economies, including discussing some of its perceived drawbacks. The conversation moves to entrepreneurship, and his first book, 'The Second Bounce of the Ball – Turning Risk into Opportunity' and the critical role job-creation will play in the post-COVID landscape. This leads to his thoughts on the profound importance Impact Investing must and will play, and its essential role in the evolution of capitalism. Specifically he discusses the need to have company accounts properly measure impact and how this sub-sector of the investment management industry is accelerating, as evidenced by the growth of the Social Impact Bond (SIB) and Harvard’s impact-weighted accounts. The conversation moves on to discuss how and what Governments should do, the evolution of philanthropy in this environment, and advice for young people thinking about careers, and finally his perspectives on an extraordinary journey. Interview originally recorded in September 2020. Want to meet some of our past show guests and join the Money Maze Podcast community? The Money Maze Corporate Partnership Programme is now live! Sign up to our newsletter and never miss a release | Visit our website | Follow us on LinkedIn | Follow us on Twitter

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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