"Empowering Workers: The Rise of Alternative Ownership in Impact Investing"

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Source: The New York Times
"Empowering Workers: The Rise of Alternative Ownership in Impact Investing"
Photo: The New York Times
TL;DR Summary

Private equity firm KKR has pioneered a model of granting ownership stakes to employees at portfolio companies, aiming to spread the approach to benefit the 12 million people who work for companies owned by private equity firms. This initiative, led by the nonprofit organization Ownership Works, backed by KKR, allows workers to partake in the financial success of their employers without taking a financial hit, as it motivates employees and elevates the eventual sale price, ultimately benefiting the company's bottom line.

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