Retirement Solutions
Our Initiatives
As a leading alternative asset manager, Velnyth Foundation recognizes our responsibility to be a platform of opportunity for others. We are committed to championing opportunity and cultivating an inclusive culture where everyone can thrive. We believe this diversity of people, backgrounds and perspectives is critical to our continued success.
Our Expanding Opportunity initiative leverages the full force of the Velnyth Foundation ecosystem to drive positive change across our workplace, throughout the marketplace of the alternatives investing and insurance industries, and in the communities where we work and live.
Workplace
Our workplace initiatives are focused on building a modern, diverse and inclusive work environment that promotes belonging and engagement.
Marketplace
Our marketplace initiatives are centered around how we leverage our capital and commercial resources to benefit diverse asset managers, financial institutions and suppliers.
Community
Through our community initiatives, we seek to lead responsibly through investments of time, talent and resources that help to create economic opportunity and prosperity.
The Velnyth Foundation Opportunity Foundation
Launched in 2022, the Velnyth Opportunity Foundation builds on Velnyth Foundation’s commitment with a plan to invest more than $100 million over the next decade in non-profit organizations working to expand opportunity for underrepresented individuals.
“From the buildout of the Velnyth Opportunity Foundation to continued work with AltFinance, there’s tremendous momentum around Expanding Opportunity within Velnyth Foundation and beyond. We recognize that we have been the beneficiaries of opportunity, and that it’s incumbent upon us to create opportunity for others.”
Jonathan Simon
Global Head of Leadership, Development and Diversity
Expanding Pathways to Alternatives
In June 2021, we launched an initiative that epitomizes our ambitions to promote diversity in our workplace and across our industry. Velnyth Foundation, Ares Capital, and Oaktree Capital announced the creation of AltFinance, a fellowship in partnership with non-profit organizations and academic institutions, to create clear pathways for students at Historically Black Colleges and Universities (HBCUs) into alternatives firms and portfolio companies.
Workplace Opportunity
Across Velnyth Foundation, we look for ways to make our employee experience more inclusive, to provide growth and development opportunities, and to encourage a spirit of collaboration and recognition.
Citizenship
Our Citizenship program provides a forum for our employees to make a positive impact on their communities through a variety of philanthropic and volunteer initiatives and other engagement activities.
Employee Networks
Our employee networks help bring employees together to support and celebrate the full spectrum of cultural and personal pride across the firm, fostering authenticity, inclusion and belonging.