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Andrew Nikou,
Partner (business rank),
Security (finance) OpenGate Capital (“OpenGate”), a global private equity firm, announced today that it has partnered with Ownership Works , a nonprofit organization that works with companies and investors to provide all employees with the opportunity to build wealth at work.
Key Points:
- OpenGate Capital (“OpenGate”), a global private equity firm, announced today that it has partnered with Ownership Works , a nonprofit organization that works with companies and investors to provide all employees with the opportunity to build wealth at work.
- Founded in 2021, Ownership Works helps organizations implement broad-based employee ownership programs that can unlock new levels of success for businesses and create meaningful wealth-building opportunities for employees.
- Armed with tools, practical models, and hands-on guidance, Ownership Works assists companies in structuring shared ownership programs to boost culture, enhance company performance, and improve employees' financial wellbeing.
- OpenGate is proud to be part of Ownership Works' consortium of foundations, corporations, labor advocates, investors, pension funds, and other leading private equity organizations.
Retrieved on:
Wednesday, January 31, 2024
Founded in 2021, Ownership Works helps organizations implement broad-based employee ownership programs that can unlock new levels of success for businesses and create meaningful wealth-building opportunities for employees.
Key Points:
- Founded in 2021, Ownership Works helps organizations implement broad-based employee ownership programs that can unlock new levels of success for businesses and create meaningful wealth-building opportunities for employees.
- Armed with tools, practical models, and hands-on guidance, Ownership Works assists companies in structuring shared ownership programs to boost culture, enhance company performance, and improve employees' financial wellbeing.
- Through this collaboration with Ownership Works, Crossplane aims to gradually introduce shared ownership programs with selected portfolio companies well-suited for these models, empowering portfolio company employees to share in the value they help create and fostering an active ownership mindset in the workplace.
- This partnership with Ownership Works fully embraces these principles and paves the path for broad-based employee ownership opportunities at our portfolio companies," said Greg Balliro, Partner at Crossplane.
Collectively, these firms and individuals are committed to improving financial outcomes for businesses and workers through broad-based employee ownership.
Key Points:
- Collectively, these firms and individuals are committed to improving financial outcomes for businesses and workers through broad-based employee ownership.
- Ownership Works' Founding Partners include investors, banks, professional services firms, pension funds, labor advocates, nonprofits, and public companies.
- "We're thrilled to see the business community continuing to rally behind broad-based employee ownership.
- Ownership Works' new Founding Partners and Pension Fund Leadership Council members include:
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LP NEW YORK, April 5, 2022 /PRNewswire/ -- Harvest Partners, LP ("Harvest" or "the Firm"), an established private equity firm with an over 40-year history of investing in middle-market companies, announced today that the Firm is a founding member of the newly created nonprofit Ownership Works, whose mission is to increase prosperity through shared ownership at work. Ownership Works, which officially launched today, develops and helps implement broad-based employee ownership programs to create better work environments and financial opportunities for employees. By 2030, the nonprofit anticipates that the shared ownership movement in America will create hundreds of thousands of new employee-owners and generate at least $20 billion of wealth for working families.
Key Points:
- NEW YORK, April 5, 2022 /PRNewswire/ -- Harvest Partners, LP ("Harvest" or "the Firm"), an established private equity firm with an over 40-year history of investing in middle-market companies, announced today that the Firm is a founding member of the newly created nonprofit Ownership Works, whose mission is to increase prosperity through shared ownership at work.
- Ownership Works, which officially launched today, develops and helps implement broad-based employee ownership programs to create better work environments and financial opportunities for employees.
- The nonprofit was launched with the support of 60 partners across the private, public, and nonprofit sectors.
- Founded in 2021, Ownership Works is a nonprofit organization on a mission to increase prosperity through shared ownership at work.
Finance,
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Security (finance),
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Headwind and tailwind Tailwind is honored to be a founding investor partner for Ownership Works, said Jeff Calhoun, Managing Partner at Tailwind Capital.
Key Points:
- Tailwind is honored to be a founding investor partner for Ownership Works, said Jeff Calhoun, Managing Partner at Tailwind Capital.
- As an Ownership Works partner, Tailwind will seek to expand models of shared ownership across its portfolio and share insights with Ownership Works so that its employee equity ownership models can be replicated.
- Ownership Works aims to catalyze interest in employee ownership across corporate America, and to provide private and public companies with practical models and tools to support program implementation.
- Founded in 2021, Ownership Works is a nonprofit organization on a mission to increase prosperity through shared ownership at work.
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Gallup,
Labour Ownership Works will develop and help implement broad-based employee ownership programs to create better work environments and financial opportunities for employees, and to help businesses improve their performance by attracting and retaining engaged employees who are invested in their companys success.
Key Points:
- Ownership Works will develop and help implement broad-based employee ownership programs to create better work environments and financial opportunities for employees, and to help businesses improve their performance by attracting and retaining engaged employees who are invested in their companys success.
- This new movement is particularly timely as many Americans are leaving jobs to seek better pay, benefits and corporate cultures.
- This movement is about working in concert to create a future of work where employers and employees can win together, said Anna-Lisa Miller, Executive Director of Ownership Works.
- Ownership Works is advancing employee ownership programs with four components:
Structuring & Implementing Broad-Based Ownership Programs that provide every employee with the opportunity to participate in the value they help create.
