First Generation Investors Partners with Ares Management Corporation
09 Februar 2022 - 06:00PM
Business Wire
Ares to Support FGI Chapters at Boston College,
Massachusetts Institute of Technology, Harvard College, New York
University and Morehouse College
First Generation Investors (“FGI”), a 501(c)(3) non-profit
organization that provides high school students in underserved
communities with the knowledge and skills to thrive in the
investment economy, today announced a partnership with Ares
Management Corporation (“Ares”), a leading global alternative
investment manager. Through this partnership, Ares will support FGI
chapters at Boston College, Massachusetts Institute of Technology,
Harvard College, New York University and Morehouse College.
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“As FGI continues to expand its footprint to over 30
universities nationwide, we are grateful for supporters like Ares
who help us maximize the impact of our work,” said FGI Head of
Partnerships, Charlie Ewig. “Through this partnership, we look
forward to providing FGI students with investment accounts and
real-world funds they can use to apply their learning. As an
analyst at Ares, I’m personally proud to be part of a company that
not only supports my involvement with FGI, but also backs their
support with action and is committed to being a force for
good.”
FGI chapters consist of mentors and volunteers who work with
local high school students, providing them with the necessary
knowledge and insight to invest with confidence. Upon completing
the FGI curriculum and turning 18, FGI graduates receive real funds
and investment accounts to continue developing their portfolio.
“FGI’s mission to promote greater inclusion in the investment
economy aligns with our firm’s intent to be a catalyst for shared
prosperity,” said Michelle Armstrong, Head of Philanthropy at Ares.
“An understanding of how to invest can help reduce the wealth gap
and, as a result, help reduce inequities that often span multiple
generations. We are delighted to support the organization’s work at
colleges and universities across the country, and we also look
forward to engaging our employees with FGI through meaningful
volunteer opportunities.”
About First Generation Investors
Founded in 2018 by University of Pennsylvania students Alex
Ingerman, Dylan Ingerman and Cole Mattox, First Generation
Investors (FGI) is a non-profit organization that provides young
adults with the knowledge and skills to thrive in the investment
economy. FGI is a volunteer-based program that teaches high school
students in underserved communities the power of investing and
brings classroom lessons to life by providing students with real
money to invest. In the spring of 2019, FGI piloted the program
with three local Philadelphia high school students. FGI has since
expanded its program from three students to over 500, supported by
nearly 270 volunteers across 30+ universities.
For more information, please visit
https://www.firstgenerationinvestors.com/
About Ares Management Corporation
Ares Management Corporation (NYSE: ARES) is a leading global
alternative investment manager providing clients complementary
primary and secondary investment solutions across the credit,
private equity, real estate and infrastructure asset classes. We
seek to provide flexible capital to support businesses and create
value for our stakeholders and within our communities. By
collaborating across our investment groups, we aim to generate
consistent and attractive investment returns throughout market
cycles. As of September 30, 2021, Ares Management's global platform
had approximately $282 billion of assets under management with
approximately 2,060 employees operating across North America,
Europe, Asia Pacific and the Middle East. For more information,
please visit www.aresmgmt.com. Follow Ares on Twitter
@Ares_Management.
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Media Contacts For First Generation Investors
Sophia Templin Finsbury Glover Hering 917.596.8172
Sophia.Templin@fgh.com For Ares
Management Carl Drake 888.818.5298 or Jacob Silber
212.301.0376 media@aresmgmt.com
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