Palladium International

Palladium (also known as "The Palladium Group", "Palladium Holdings" or "Palladium International") is an international advisory and management company representing the combination of seven prior companies:[1] GRM International, Futures Group,[2] Palladium,[3] the IDL Group,[4] Development & Training Services,[5] HK Logistics[6] and CARANA Corporation.[7] As of October 2016, Palladium employs over 2,500 persons operating in 90 countries.[1] At the end of 2015, Palladium International was the fourth-largest private sector partner for the UK Government's Department for International Development (DFID).[8] During 2011, Palladium International members Futures Group and Carana were USAID's fourteenth and sixteenth largest private sector partners, respectively.[9] At the end of 2012, GRM International was the third largest private sector partner for AusAID.[10]

Notable initiatives

Palladium International is active in the expansion of social innovation[11][12] including impact bonds,[13][14] impact investing,[15] and shared value.[16] Select initiatives of Palladium Group include:

• Utkrisht Development Impact Bond (DIB) in Rajasthan, India [17][18]
• The SPRING Accelerator, a human centered design-based programme[19][20]
• The Human Development Innovation Fund, an Enterprise Challenge Fund[21][22]
• Innovation for Indonesia’s School Children (INOVASI)[23]
• Innovation Impact Framework,[24] Execution Premium Process (XPP) and Balanced Score Card[25]
• IQCare (International Quality Care)[26][27]
• Financing Ghanaian Agriculture Project (FinGAP)[28][29]

In 2015, the firm announced the formation of the Positive Impact Research Institute to explore current and future trends in the Impact Economy[30] and the affiliated Let's Make It Possible nonprofit organization.[31][32][33]

Subsidiaries

Subsidiaries of Palladium Group include:

• Enclude, acquired in 2018 from Triodos Ventures, an independent fund managed by Triodos Bank[34]
• Palladium Consulting India, a joint venture established in 2018 with AP Globale and DCF Advisory Services[35]

Notable persons

Notable persons affiliated with Palladium Group include:

• Robert S. Kaplan, Harvard University Professor and co-creator of the Balanced Scorecard[30]
• George Serafeim, Harvard Business School Professor[36]
• David P. Norton, co-creator of the Balanced Scorecard[30]
• Julie Bishop, Palladium board member and former Australian Minister for Foreign Affairs[37]
• Ann Sherry, Palladium board member,CEO of Carnival Australia, and former public servant
• John Eales, Palladium board member, hall of fame rugby player, and businessman[38]
• Alonzo Fulgham, Palladium board member and former Acting Administrator of the United States Agency for International Development (USAID)
• Kerry Packer, former Palladium board member and billionaire media magnate[39][40]
• Sir William Archer Gunn (deceased), Palladium (formerly GRM International) founder[41][42]
• Theodore J. Gordon (The Futures Group founder)[43][44]

Incidents

On 20 November 2015, terrorist gunmen took 170 people hostage and killed 20 at the Radisson Blu Hotel in Bamako, Mali.[45] In the 2015 Bamako hotel attack one American victim was Anita Datar, an international development worker at Palladium International working on its Health Policy Plus project.[46] After the incident, Hillary Clinton described Ms. Datar by saying, "Anita Datar was a bright light who gave help and hope to people in need around the world, especially women and families.... She represented the best of America’s generous spirit."[46]

References

1. "Palladium - Our Purpose". thepalladiumgroup.com. Archived from the original on 2018-08-31. Retrieved 2017-03-05.
2. "Why GRM and Futures Group are merging". Devex. 2011-10-04. Retrieved 2017-03-05.
3. "Palladium Joins Forces with GRM Futures Group - News - Advanced Advice". www.aadvice.lt. Archived from the original on 2017-05-27. Retrieved 2017-03-06.
4. "GRM, theIDLgroup join forces to deliver more value for money". Devex. 2013-11-08. Retrieved 2017-03-06.
5. "dTS Becomes Part of GRM Futures Group; Ed Abel, Indira Kaur Ahluwalia Comment - GovCon Wire". GovCon Wire. Retrieved 2017-03-05.
6. "Palladium - HK Logistics Joins Palladium". thepalladiumgroup.com. Retrieved 2017-03-05.
7. "SEC FORM D". www.sec.gov. Retrieved 2017-03-05.
8. "DfID's top private sector partners for 2015". Devex. 2016-12-23. Retrieved 2017-03-06.
9. "Top USAID private sector partners: A primer". Devex. 2011-09-06. Retrieved 2017-03-06.
10. "Top AusAID private sector partners". Devex. 2013-06-03. Retrieved 2017-03-06.
11. "Hirst, World Bank Presentation, Lessons Learnt from Developing a DIB Market" (PDF).
12. "Tanzania: UK Firm, Costech Seal 4.2 Billion/ - Deal". Tanzania Daily News (Dar es Salaam). 2017-01-31. Retrieved 2017-03-05.
13. "The future of impact bonds globally: Reflections from a recent Brookings event | Brookings Institution". Brookings. 2016-03-24. Retrieved 2017-03-05.
14. "http://ehealth.eletsonline.com/2016/09/palladium-transforming-lives-through-linking-social-financial-impact/". ehealth.eletsonline.com. Retrieved 2017-03-05. External link in |title= (help)
15. "Rising private investment in EMs provides opportunities for new financing mechanisms: Peter Vanderwal". The Economic Times. Retrieved 2017-03-05.
16. "Palladium hosts Positive Impact Event in Indonesia". www.antaranews.com. Retrieved 2017-03-06.
17. "Convergence". convergence.finance/. Retrieved 2017-03-07.
18. Editorial, Reuters. "UBS pledges". U.S. Retrieved 2018-03-25.
19. Accelerator, SPRING. "Home - SPRING Accelerator". SPRING Accelerator. Retrieved 2017-03-06.
20. "SPRING Accelerator | U.S. Agency for International Development". www.usaid.gov. 2016-05-19. Retrieved 2017-03-06.
21. "Human Development Innovation Fund (HDIF)". www.hdif-tz.org. Retrieved 2017-03-06.
22. "Tanzania: UK Firm, Costech Seal 4.2 Billion/ - Deal". Tanzania Daily News (Dar es Salaam). 2017-01-31. Retrieved 2017-03-06.
23. "The Jakarta Post".
24. "Certificate Program" (PDF).
25. Palladium. "Palladium Announces 2015 Hall of Fame for Executing Strategy". www.prnewswire.com. Retrieved 2017-03-06.
26. "The Paperless Way". Retrieved 2017-03-06.
27. "Palladium - #PositiveImpact: big data in health". thepalladiumgroup.com. Retrieved 2017-03-06.
28. "Business & Financial Times" (PDF).
29. "USAID—FinGAP facilitates investments of $13.5m in Ghana agribusiness". Ghana Business News. 2015-04-29. Retrieved 2017-03-06.
30. Palladium. "Palladium Announces the Formation of the Positive Impact Research Institute". www.prnewswire.com. Retrieved 2017-03-06.
31. "LET'S MAKE IT POSSIBLE – A Palladium Initiative". letsmakeitpossible.com. Retrieved 2017-03-06.
32. "Palladium - Our Foundation". thepalladiumgroup.com. Retrieved 2017-03-06.
33. "Palladium – Make it possible initative [sic]". springfields.asia. Retrieved 2017-03-06.
34. "Transforming the way development is financed:Palladium buys Enclude from Triodos Bank". Global News, Analysis, Awards for Banking, Finance, Technology sector. 2018-09-26. Retrieved 2018-10-05.
35. "Palladium Group & AP GlobaleS DCF Advisory Services Merge To Set Up Palladium India". www.apglobale.com. Retrieved 2018-10-05.
36. "Palladium - The Price of Corporate Sustainability". thepalladiumgroup.com. Retrieved 2019-04-03.
37. "Julie Bishop". Palladium. Retrieved November 15, 2019.
38. "Eales inducted into Hall of Fame". Fox Sports. 2011-07-22. Retrieved 2017-03-13.
39. "The richest list of all - Business - www.theage.com.au". www.theage.com.au. Retrieved 2017-03-13.
40. "Bidders line up for slice of $1bn aid - National - www.theage.com.au". www.theage.com.au. Retrieved 2017-03-13.
41. "A wool man who changed the landscape - smh.com.au". www.smh.com.au. Retrieved 2017-03-06.
42. "Era ends as Packer quits bush". 2009-01-02. Retrieved 2017-03-06.
43. SemiColonWeb. "Palladium". www.edcprofessionals.net. Retrieved 2017-03-06.
44. "The Millennium Project". www.millennium-project.org. Retrieved 2017-03-06.
45. "At least 20 hostages dead in siege of hotel in Mali, official says". Washington Post. Retrieved 2017-03-06.
46. "Anita Datar is the only known American killed in Mali. She was there to help". Washington Post. Retrieved 2017-03-06.