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Suggest a titleWealth Through Ownership Apis & Heritage
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Suggest questionPartner Phillip Reeves is helping implement Apis & Heritage Capital Partners' Employee-led Buyout (ELBO©) approach, which provides:
Workers of Color ... in essential industries with the most powerful wealth building tool in our nation – equity in a thriving business
Companies ... with the incentives and support to grow and the capital needed to build balance sheets for long-term resilience
Founders ... with capital to support ownership transitions that preserve their legacies and meet their retirement needs
Communities ... with stable jobs and business continuity
Investors ... with timely exits, competitive returns, and clear and measurable impact
Learn more about Apis & Heritage here:
Gary Community Ventures is a proud investor in Apis & Heritage. As a philanthropic organization leveraging business, policy and philanthropy tools to reshape the arc of opportunity for kids and families, Gary is actively working to build a national ownership movement. We believe creating new ownership pathways is the single strongest tool to address our widening racial wealth gap.
Explore Gary's full Wealth Through Ownership series and our multi-layered approach to this ownership movement:
Transcript from YouTube captions. May contain errors.
you shouldn't have to bend the entire world through your will to have a good life and employee ownership we think is the best way to do that [Music] our firm Apes Heritage we focus on employee ownership as it means to create wealth or workers in color and the way we do it is we go around the country and find great small businesses that are being held by a family or a single owner and then we convert those businesses to being 100 employee young the the racial Equity Focus lends itself to a really good investment thesis and so A and H we explicitly Target companies that have workforces of color we're sort of unlocking we think generational wealth the benefit this time is now going to be all the employees who actually now hold back right now and who've been doing the work for 30 years our mission really is to set people on a path where those things can get cheap
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About Gary Community Ventures
We deliver breakthrough solutions that transform the opportuniy landscape for Colorado's kids and their families.
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