Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Capital on the Frontier Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Frontier Finance Best Practices Geographies
Slack Agent of Impact Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe
Features
Series
Themes
Community
Data
Subscribe Log In
More

KKR Global Impact looks to leverage labor data with majority stake in Burning Glass



ImpactAlpha, September 12 – Boston-based Burning Glass is a software company that identifies labor market patterns and sell those insights to companies and educators. KKR has invested an undisclosed amount for a majority stake in the company as part of its Global Impact strategy.

Burning Glass analyzes “hundreds of millions of job postings and real-life career transitions,” which shed light on issues like the aging workforce and looming skills gap in the infrastructure sector, or how employers’ interest in LGBTQ diversity has skyrocketed in recent years. The company says education clients use Burning Glass to identify new course and curriculum offerings and companies use it to anticipate talent needs.

“Predicting tomorrow’s jobs, and the skills needed for those jobs, will empower workers to navigate [the technology] disruption, companies to up-skill their workforce, and policymakers to promote economic growth,” said KKR Global Impact’s Ken Mehlman of the investment.

What we know about KKR’s $1 billion Global Impact Fund

KKR recently passed a $1 billion fundraising goal for its impact fund. Its investments range across the labor sector (Burning Glass) to energy efficiency (Barghest Building Performance) and waste management (Ramky Enviro Engineers). 

You might also like...