Private Equity Giants Back New Nonprofit Promoting Employee Ownership

A group of major private equity firms have agreed to put shares in the hands of more employees in the companies they own in a bid to tackle income inequality.

A coalition of more than 60 groups that also includes banks, pension funds and others has signed on to support a new nonprofit aimed at promoting large-scale share ownership, officials told The Wall Street Journal .


Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button