a leading global investment firm, today announced a partnership with Code
First: Girls, a multi award-winning U.K.-based social enterprise
focused on diversity and skills in the technology sector. Launching in
December 2017, KKR will support Code First: Girls' 20:20 campaign which
aims to train 20,000 women to code for free by the end of 2020.
The firm will provide a significant yearly financial commitment
throughout the course of the campaign, in addition to leveraging its
global resources, network and portfolio of companies to provide
operational and logistical support for the program's roll-out of
community courses. Additionally, select female KKR employees, portfolio
company employees or strategic partners will be able to participate
annually in Code First: Girls' community coding courses. This
partnership will bring the program to life within KKR and help develop
critical tech skills for women in the firm's network.
Women are currently underrepresented in the U.K. technology sector. In
2017, looking at tech and telco professionals in the U.K., only 3.9%
were female programmers and software developers, a number that has gone
down from 10% in 2007. Code First: Girls is working to redress the
imbalance by helping women develop the coding and leadership skills they
need to fill these roles and increase their representation in tech and
entrepreneurship, for their benefit and also for the benefit of the U.K.
digital economy. The 20:20 campaign builds on Code First: Girls'
achievements in teaching over 5,000 women to code in the last three
years, drawing on that success and significantly expanding its scope.
"KKR is a major tech investor both in the U.K. and around the world, so
we know firsthand how important technology is to the future success and
prosperity of the U.K. and Europe," said Jean-Pierre Saad, Director in
KKR's TMT team in London. "More generally, coding is becoming an
increasingly important skill that should be available equally to all,
regardless of gender. We are hence delighted to partner with a
pioneering organisation like Code First: Girls and support them in
tackling gender diversity in tech which we believe will drive better
outcomes for businesses and our communities."
Amali de Alwis, CEO of Code First: Girls, said: "One of the biggest
barriers to women entering the tech industry is education, and our 20:20
campaign is designed to address this by providing skills that are
critical to the digital economy. Our partnership with a leading
investment firm like KKR, which has such a deep and wide network with
companies in the U.K. and worldwide, is a fantastic opportunity for our
organisation. Their support is key to us delivering our 20:20 campaign."
The partnership with Code
First: Girls is the latest initiative born out of KKR's citizenship
efforts as part of the firm's continued focus on Inclusion and
Diversity, which began with KKR's Inclusion and Diversity Council (IDC)
founded in 2014 to help realise a goal of creating a more diverse
In London, KKR has been a long-standing partner with Impetus
- PEF, an organisation which provides funding, operational expertise
and management support to charities and social enterprises working with
disadvantaged young people. In the U.S., KKR is a proud partner of SEO,
the TEAK Fellowship, and Girls
Who Code, a similar initiative to Code First: Girls that is working
to increase the representation of women in technology.
KKR is a leading global investment firm that manages multiple
alternative asset classes, including private equity, energy,
infrastructure, real estate, credit and, through its strategic manager
partnerships, hedge funds. KKR aims to generate attractive investment
returns by following a patient and disciplined investment approach,
employing world-class people, and driving growth and value creation with
KKR portfolio companies. KKR invests its own capital alongside its
partners' capital and provides financing solutions and investment
opportunities through its capital markets business. References to KKR's
investments may include the activities of its sponsored funds. For
additional information about KKR & Co. L.P. (NYSE: KKR), please visit
KKR's website at www.kkr.com
and on Twitter @KKR_Co.
About Code First: Girls
Code First: Girls, is a multi-award winning social enterprise which
works with companies and women to increase the proportions of women in
tech. They do this by running free coding courses for young women, paid
courses for men and women, by advising companies on tech talent, and by
running a community of 6000+ women who are interested in tech.
They are the largest provider of free in person coding courses for women
in the U.K. Over the past 3 years they've delivered £2.5 million+ worth
of free tech education, taught 5000+ women how to code for free, and
have helped companies to recruit and train better tech talent in their
View source version on businesswire.com: http://www.businesswire.com/news/home/20171121005076/en/
Phone: +44(0)20 7251
News Provided by Acquire Media