Investing in the Future: Leveraging Employee Ownership and Benefits to Increase Low and Moderate-Income Worker Wealth
On Tuesday, May 23, 2023, the Federal Reserve Bank of New York, in partnership with the Ford Foundation, hosted an in-person event discussing effective strategies for increasing low and moderate-income workers’ wealth through investments in ownership and employee benefits. The event focused on examining the ways in which investments in these types of wealth-building opportunities can be financially supported and what is needed to make these investments more widespread.
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Discover How to Increase Low and Moderate-Income Worker Wealth with an Exclusive Event!
Subheadings
Introduction
Event Details
Research Presentation
Investment Strategies Panel
Moving the Needle for Capital Panel
Speakers
Introduction
On Tuesday, May 23, 2023, the Federal Reserve Bank of New York and the Ford Foundation collaboratively hosted an in-person event exploring how some companies are seeking to create more wealth for low and moderate-income workers through investments in ownership and employee benefits. This informative event looked at the financial support necessary to make these types of investments in wealth-building opportunities more widely available.
Event Details
The event was held on May 23, 2023, and was open to the public as well as the media. All remarks were officially on the record, and the event was recorded for future viewing. For media inquiries, please contact Ellen Simon at [email protected].
Research Presentation
The event was kicked off with a research presentation by Joseph R. Blasi, J. Robert Beyster Distinguished Professor at Rutgers University and the Director of the Institute for the Study of Employee Ownership and Profit Sharing.
Investment Strategies Panel
A panel was then convened, moderated by Jessica Rose, Chief Financial Officer of the Global Impact Investing Network. The panel included Graham Thomas, Principal of KKR Capstone; Philip Reeves, Founding Partner of Apis & Heritage Capital Partners; and John Holdsclaw IV, President and CEO of Rochdale Capital.
Moving the Needle for Capital Panel
Following the break, a second panel was moderated by Margot Brandenburg, Senior Program Officer at the Ford Foundation’s Mission Investments. This panel consisted of Michaela Edwards, Partner of Capricorn Investment Group; Don Baylor Jr., Managing Director and Co-Head Community Impact of Lafayette Square; and Gianna McCarthy, Director of Corporate Governance of New York State’s Common Retirement Fund.
Speakers
The event included various speakers such as President of the New York City Central Labor Council, AFL-CIO; Chair of the Board of Directors of the Federal Reserve Bank of New York; and a Community Development Analyst at the Federal Reserve Bank of New York.
The event concluded with closing remarks by Jake Scott, Community Development Analyst at the Federal Reserve Bank of New York.
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Unlock Strategies to Improve Low and Moderate-Income Worker Wealth — A Special Event!