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."


Connect with John Hoffmire

Email twitter @johnhoffmire Subscribe

What is a nation? This simple question has been at the heart of political philosophy and historical debate for hundreds of years.
The human instinct for trade has deep historical roots, but its economic, social and political importance has risen in recent times due to industrialization, technological advance and globalization.
In an effort to alleviate poverty, the United States government spends billions of dollars annually in foreign aid. But there is a growing consensus on the type of aid that is most effective: providing skills a...
Graduation from college with massive amounts of debt may delay large purchases, such as homes and cars; it can delay savings and investment for retirement; it can steer potential entrepreneurs away from startin...
Poverty has been, and continues to be, one of the major problems facing both developed and non-developed countries across the world.
In the past 25 years, over 2 billion people have gained access to improved sources of drinking water.
Imagine that you are online and all of the sudden you have the urge to participate in a lottery. A daylater, you discover that you have won $100 million. You now have it made, right?
Is it possible to eradicate poverty? The answer to this question seems to have become more and more optimistic over the past several decades.
In theory, employee ownership through an employee stock ownership plan (ESOP) is an almost perfect idea, since it benefits employees and businesses equally and simultaneously.
A for-profit company named Dignity Coco aims to improve the employment, pay, safety and environmental situation in the Philippines.