Achieve Partners announces the close of Achieve Partners Workforce II, a $450 million fund designed to respond to AI’s impact on the labor market and address talent shortages in the fastest-growing segments of the economy. Backed by institutional investment leaders including Cambridge Associates, JP Morgan Asset Management, Prudential, Ingka Investments, and ZOMA Capital, the new fund – more than double the size of Achieve Partners Workforce I – reflects a unique strategy to build apprenticeship programs to accelerate growth in sectors with talent shortages. Workforce I has announced three exits, including the recent agreement to sell Optimum Healthcare IT to Infosys for $465M.
Read the full article: Achieve Partners Closes $450M Fund //
Source: https://www.prnewswire.com/news-releases/pioneering-education-and-workforce-investors-close-450-million-fund-to-tackle-ai-driven-labor-market-disruption-302749174.html