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Ellevate Network

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Ellevate Network
Formation1997 (1997)
TypeProfessional association
HeadquartersNew York, NY
Chair
Sallie Krawcheck
COO / President
Kristy Wallace
Websitehttp://www.ellevatenetwork.com
Formerly called
85 Broads

Ellevate Network (formerly 85 Broads) is a global network for professional women, providing opportunities for women to connect, learn, and invest in themselves. Founded in 1997[1] to bring high-achieving women in finance together, the network now serves women across industries and around the world. Ellevate Network is chaired by Sallie Krawcheck.[2]

Ellevate has over 40 chapters in the United States and around the world.[citation needed]

History

Ellevate was founded in 1997 as 85 Broads by Janet Hanson. Hanson had formerly worked at Goldman Sachs and formed the organization as an alumnae network for women who had left the firm. The name came from the address of New York's Goldman Sachs office.[1]

Sallie Krawcheck, former head of global wealth management at Merrill Lynch, acquired 85 Broads Unlimited LLC in 2013 and rebranded the organization as Ellevate in 2014.[3][4] Following Krawcheck's acquisition, Hanson stayed involved with the organization as Chairman Emeritus and as an advisor to Krawcheck.[5]

Services

Ellevate Network hosts networking events around the world: online webinars, online networking, and career advice on topics like creating a personal brand, growing a business, finding a mentor, reinventing your career, and finding balance and fulfillment. Special events, opportunities and advice are available for young professionals, working mothers, entrepreneurs, and senior executives.[citation needed]

Partnerships

On March 21, 2016 Ellevate announced a partnership with American Corporate Partners, a women's veteran mentoring program.[6][7]

In 2014, Ellevate partnered with Pax World Management to form the Pax Ellevate Global Women's Index Fund, a fund focused on companies with significant representation of women in director and officer positions.[8]

References

  1. ^ a b "Connecting Best and Brightest Women — Janet Hanson 85 Broads". Wharton Work/Life. Retrieved 2016-03-24.
  2. ^ "Our Team | Ellevate". www.ellevatenetwork.com. Retrieved 2016-03-24.
  3. ^ "85 Broads is changing its name to Ellevate, will invest in women via index fund, Sallie Krawcheck says - Bizwomen". The Business Journals. Retrieved 2016-03-24.
  4. ^ Marcinek, Laura. "Krawcheck to Acquire 85 Broads From Ex-Goldman Executive". Bloomberg.com. Retrieved 2016-03-24.
  5. ^ "Sallie Krawcheck Is Buying Women's Networking Group '85 Broads'". Business Insider. Retrieved 2018-01-11.
  6. ^ "American Corporate Partners Launches Mentoring Initiative for Transitioning Women Veterans". acp-usa.org. Retrieved 2016-03-24.
  7. ^ "Help a Transitioning Female Veteran Find Her Next Career". www.ellevatenetwork.com. Retrieved 2016-03-24.
  8. ^ Alden, William. "Sallie Krawcheck Opens an Index Fund Focused on Women". DealBook. Retrieved 2018-01-11.

External links