{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Promote Giving \u2013 A New Model for Performance-Driven Giving (EP.496)","description":"My guest on today\u2019s special episode is Joel Holsinger, Co-head of Ares\u2019 $50 billion Alternative Credit strategy. In addition to his long and stellar career in the credit markets, Joel spearheaded the launch of Promote Giving, a philanthropic initiative similar to Warren Buffett and Bill Gates\u2019 Giving Pledge, designed for alternative asset managers. Our conversation covers Joel\u2019s path to engaging in philanthropy, starting from humble beginnings to now making grants of $5 million in 2025 through Ares and launching Promote Giving in October. The proposition of Promote Giving is simple \u2013 GPs commit up to 5% of their promote on at least one fund to give to a charity of their choice. With ten signatories and more than $35 billion in AUM pledged to participate already, Promote Giving is quickly growing the movement to managers across asset classes. It\u2019s the Giving Pledge applied to investment firms, and I can\u2019t imagine a better use of this space than to spread the word. Learn more and pledge to give at promotegiving.org Learn More Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mailing list Access Transcript with Premium Membership   Editing and post-production work for this episode was provided by The Podcast Consultant (\u2060https:\/\/thepodcastconsultant.com\u2060) ","author_name":"Capital Allocators \u2013 Inside the Institutional Investment Industry","author_url":"https:\/\/capitalallocators.com","html":"