StreetWise Partners and Global Atlantic announce $1 million partnership to benefit Underrepresented Talent
June 08 2023 - 11:45AM
Business Wire
StreetWise Partners, a leading nonprofit organization, and
Global Atlantic Financial Group (“Global Atlantic”), a leading
insurance company meeting the retirement and life insurance needs
of individuals and institutions, today announced a $1 million
commitment from Global Atlantic in support of StreetWise Partners.
This strategic commitment underscores Global Atlantic's belief in
the organization's mission to promote economic equity by actively
connecting underrepresented talent with valuable career
opportunities.
The announcement took place during the StreetWise Annual
Partnership Breakfast, where Global Atlantic was recognized for
their support. The event showcased the shared vision and unwavering
commitment of both organizations to foster a more inclusive and
equitable society.
For the past 25 years, StreetWise Partners has actively enabled
economic equity through innovative workforce development and
mentoring programs. Their unwavering commitment and impactful
actions have supported over 10,000 mentees and 15,000 mentors in
New York and Washington, D.C., forming numerous successful
mentoring pairs. These efforts have played a crucial role in
nurturing a diverse and skilled workforce, making significant
contributions to the advancement of economic equity in these
regions.
The excitement was palpable as the Annual Partnership Breakfast
started with a delightful coffee and networking reception.
Supporters, corporate partners, dedicated volunteers, and
StreetWise Partners' valued clients came together, forming a
vibrant atmosphere of connection and collaboration. The program
unfolded with captivating success stories shared by program alums,
showcasing the transformative impact of StreetWise Partners. To
deepen the experience, insightful discussions led by the
organization's leadership delved into thought-provoking topics,
igniting inspiration and sparking meaningful conversations.
Shari Krull, CEO of StreetWise Partners, said, "We are driven to
equip underrepresented talent with the skills, industry knowledge,
and social capital needed to launch their careers and achieve
upward mobility. Global Atlantic Financial Group's generous
investment bolsters our mission and underlines their confidence in
our cause."
The $1 million investment from Global Atlantic Financial Group,
a long-term, valued partner, will help ensure that StreetWise
Partners can connect graduates to jobs faster, at higher starting
salaries. Beyond dollars, Global Atlantic will increase its efforts
to volunteer with StreetWise and focus on qualified graduates for
potential employment opportunities at the company.
"At Global Atlantic, we devote a substantial number of resources
to attract, retain and develop exceptional talent. The people from
StreetWise are impressive, and their enthusiasm for learning is
unparalleled," Dan O'Shea, Chief Administrative Officer at Global
Atlantic, "The social impact that StreetWise is having is
tremendous, and so we are doubling down on our commitment."
This year’s Annual Partnership Breakfast was more than an event;
it was a celebration that honored the strides made by mentees and
recognized Global Atlantic’s commitment to StreetWise Partners'
mission, as well as the steadfast mentors, successful graduates,
and the broader community.
For more information about the event or StreetWise Partners'
work, please visit www.streetwisepartners.org
About StreetWise Partners
StreetWise Partners is a 501(c)3 nonprofit organization
dedicated to driving economic equity through mentoring programs for
today's adult workforce. The organization connects talent with
opportunity through mentorship and career development services in
New York and Washington, D.C.
About Global Atlantic Financial Group
Global Atlantic Financial Group is a leading insurance company
meeting the retirement and life insurance needs of individuals and
institutions. With a strong financial foundation and risk and
investment management expertise, the company delivers tailored
solutions to create more secure financial futures. The company's
performance has been driven by its culture and core values focused
on integrity, teamwork, and the importance of building long-term
client relationships. Global Atlantic is a majority-owned
subsidiary of KKR, a leading global investment firm. Through its
relationship, the company leverages KKR's investment capabilities,
scale, and access to capital markets to enhance the value it offers
clients. KKR's parent company is KKR & Co. Inc. (NYSE:
KKR).
Global Atlantic Financial Group (Global Atlantic) is the
marketing name for The Global Atlantic Financial Group LLC and its
subsidiaries, including Accordia Life and Annuity Company,
Commonwealth Annuity and Life Insurance Company, Forethought Life
Insurance Company and Global Atlantic Re Limited. Each subsidiary
is responsible for its own financial and contractual obligations.
These subsidiaries are not authorized to do business in New
York.
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version on businesswire.com: https://www.businesswire.com/news/home/20230607005788/en/
For StreetWise Partners: Andrew Bourke
andrew@cadencecommunications.com.au 917.946.4447
For Global Atlantic: ICR Inc. GlobalAtlantic@icrinc.com
203.682.8268
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