Fund for Employee OwnershipNews

Fifty by Fifty – Can a Private Equity Fund Model Help Scale Employee Ownership?

From Fifty by Fifty:

In a new paper, “Investing in Employee Ownership: Financing Conversions through a Private Equity Model,” Transform Finance proposes a private equity fund model to finance and scale employee ownership conversions in a worker-centric way. Transform Finance is a nonprofit “working towards a world where capital is aligned with social justice values and serves as a tool for real, transformative social change.” The proposed fund model is intended to serve as a vehicle for impact investors who seek to address economic inequality or the racial wealth gap by building economic security for low-wage workers or workers of color. By centering the impact for low-wage workers and people of color, the model differs from existing fund models that use a private equity structure to finance employee ownership.

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https://www.fiftybyfifty.org/2019/11/can-a-private-equity-fund-model-help-scale-employee-ownership/?mc_cid=e523cdfd2e&mc_eid=95e94910b9