We’re back, and for the first episode of the Good Future podcast, for 2022, I’m joined by Sally Mccutchan.

Sally has been a vital leader and catalyst for the growth of impact investing in recent years. After a career in investment banking and consulting, she took on the role of CEO of Impact Investing Australia, an organisation dedicated to catalysing growth in the sector.

And the next stage, is launching Bridges Australia. A private equity investor dedicated to impact.

 

On this episode…

We go deep in this one, we discuss Sally and the team’s hard work to try and get an impact wholesaler off the ground in Australia. That’s a work in progress, and Sally explains the huge opportunity there.

But we also look forward, and dig into the exciting news that Sally will be bringing the hugely influential Bridges Fund Management to Australia. They’re already raising their first private equity fund, and running the impact ruler over companies poised for growth.

Bridges was originally founded, in the UK, by Sir Ronald Cohen and Michele Giddens, they’ve both been guests on the show previously, so you can wind back and hear more about their journeys and the work they do.

My key takeaway this week…

“I felt like I was so new, and that I didn’t know anything, and he said:

‘You are very early to this, but, you’re going to look back, and you’re going to realise you’re  one of the people that started this.’

And I said, No, that’s not going to happen. But here we are. It’s interesting, isn’t it, how you perceive yourself at a particular time. And then here we are now, with the market still evolving. And more new people coming in all the time. It’s fantastic.”

Good Future’s Good Books

The Elegance of the Hedgehog

By Muriel Barbery

So one of my favourite books of all time, which I think I’d say influence me to get into impact investing that is quite profound in the message of the actual book, and it’s called the elegance of the hedgehog.

It’s about the way that people see people based on what they look like in their standing in life, which does not go to who the person actually is. The reason I love that book is because I think that’s actually often what happens in the world that people just make assumptions about, you know who people are because have, you know they happen to have this job or they happen to look like this or whatever, as opposed to actually taking the time to understand who they really are? There’s a lesson in that for all of us, I suppose. So I would recommend reading that book.

Links

·   Impact Investing Australia

·   Social Impact Taskforce (interim report)

·   Bridges Australia

·   Bridges Fund Management (UK)

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