Quantcast
John Hoffmire

Johns background involved a 20 career in equity investing, venture capital, consulting and investment banking. His work has had a particular focus on Employee Stock Ownership Plans. As founder and CEO of his own investment banking firm, he helped employees buy and manage approximately $2.2 billion worth of ESOP stock. He sold his firm to American Capital, which then went public.

John left American Capital as Senior Investment Officer when the company reached $1 billion in assets. After leaving American Capital, John was Vice President at Ampersand Ventures, formerly Paine Webber's private equity group. Earlier in his career, after he finished his Ph.D. at Stanford University, he was a consultant at Bain & Company. John created the first known Employee Stock Ownership Plan for a microfinance institution when he helped the employees of K-REP buy part of their bank in 2001.

John is Chair of a 14 office international non-profit, Progress Through Business, that focuses on building entrepreneurship opportunities and that runs innovative financial literacy, tax form preparation and benefit enrollment projects. He has throughout his for-profit and non-profit career helped to start and grow 35 companies in addition to the hundreds of firms he has either financed or advised. He directs the Sad Business School Venture Fund and the Center on Business and Poverty at the University of Wisconsin-Madison. He serves on the board of directors of two companies in the media and finance industries.

John has participated in work, research and speaking tours in 90 countries. He was awarded the Darwin Nelson Community Impact Award by Wisconsin Business Development for his "tireless efforts to expand the financial literacy and tax form preparation programmes that have benefited so many."

more...

Connect with John Hoffmire

Email john.hoffmire@sbs.ox.ac.uk twitter @johnhoffmire Subscribe

Since its founding, the United States has been seen as the land of potential greater economic equality.
The core of the American Dream — equality of opportunity and rewards commensurate with efforts and abilities — has enchanted millions of people across the globe.
Across the United States, the need for better financial responsibility is well-documented. On average, Americans spend too much, save too little, and experience a great deal of stress over money.
Part of the American Dream has been the possibility of social mobility and the creation of wealth for every individual.
What do superheroes and mentors, financial calculators and online courses have in common?
Globally, approximately 325 million people suffer from some degree of hearing loss. Experts estimate that helping these people comes to a lifetime cost of around $300,000 per person.
In a recent column, I asked readers to write in with ideas about how full employment would influence the debate about inequality in the U.S.
The private sector of the economy is an important component in helping individuals climb out of poverty.
With the release of economic data from China, it is a good time to reflect on the basic direction of China’s reforms over the last 38 years.
How can the U.S. help the billions of micro-business men and women in the world find real prosperity?