Jobs for the Future: 
Two Reports on Private Equity and Job Quality

HCAP Partners was featured in two reports addressing private equity and job quality published by Jobs for the Future (JFF): Private Equity Holds the Key to Creating Quality Jobs for Millions and Five Ways to Help Private Equity Firms Create Quality Jobs. The reports showcase HCAP, the Gainful Jobs Approach™️, and quotes about our firm’s work. We are delighted to partner with JFF and contribute to ongoing efforts in the private equity sector aimed at enhancing job quality.

NYU Stern:
Private Equity Sustainability Practicum

NYU Stern Center for Sustainable Business hosted the Private Equity Sustainability Practicum, a convening focused on discussing sustainability strategies that drive financial value creation. HCAP’s Tom Woefel participated in a panel discussion on labor management and leveraging human capital as a highly valuable asset, sharing about HCAP’s approach to creating quality jobs through its Gainful Jobs Approach™️.

Impact Capital Managers (ICM)*:
Featured Impact Investing Field-Building Initiatives

HCAP’s Hope Mago joined other ICM members in briefing Senate Small Business and Entrepreneurship Committee staff members to share examples of how private impact capital can be a force for good with American businesses and communities.

HCAP and its exit of AMFM Healthcare was featured in a research report titled Strengthening Outcomes: Impact and Financial Return at Exit, released by ICM in collaboration with Morrison Foerster LLP. The report focused on impact-specific drivers that influenced exit outcomes for ICM portfolio companies.

HCAP’s work with portfolio company BetterNight was featured in a report published by Tideline and ICM, New Frontiers in Value Creation, exploring strategies for impact investors to achieve financial and social impact goals.

HCAP participated in the inaugural Racial Equity Investing Leadership Summit convened by ICM and 5 peer organizations. This event brought together over 60 members from various networks to discuss and promote racial equity in investing.

HCAP and ICM co-hosted a webinar on employee assistance funds, encouraging broader support from investors for frontline workers. The discussion highlighted Arosa, an HCAP portfolio company, and spurred several private equity groups to explore similar funds.

Good Jobs Institute:
Strategy Session
& Collaboration

HCAP hosted a two-day strategy session with the Good Jobs Institute that included knowledge sharing on job quality approaches and outcomes. The two organizations explored opportunities for collaboration and how elements of the Good Jobs Strategy could be integrated alongside the Gainful Jobs Approach™ as part of HCAP’s investment strategy️. HCAP looks forward to further collaboration with the Good Jobs Institute in 2024.

Tideline:
Compass Series
Webinar

HCAP’s Hope Mago was a featured speaker on a Tideline Compass Series webinar alongside a panel of four other distinguished industry leaders. The webinar marked the formal launch of ICM and Tideline’s collaborative research report, New Frontiers in Value Creation, which identifies key considerations foundational to impact value creation. During the webinar, panelists shared their approaches to effective and financially-material impact value creation.

In a December 2023 interview with Authority Magazine, Hope Mago shares his journey into impact investing, highlighting key moments in his career. In the article, he emphasizes the importance of aligning business models with impact goals, advocates to support underserved communities, and encourages young people to leverage their voices for positive change.

HCAP is proud to support the next generation of diverse fund managers through our participation in the ICM Mosaic Fellowship, a summer fellowship for first year graduate students, as well as by serving as mentors to business school students competing in the Turner MIINT impact investing competition.