LearnWell Partners with Goldman Sachs Alternatives
LearnWell, a distinguished provider of academic and mental health services tailored for students and their families, has announced an important investment from the Sustainable Investing branch at Goldman Sachs Alternatives. This partnership is intended to bolster LearnWell's commitment to enhancing the lives of individuals confronting behavioral challenges.
Supporting Student Mental Health
With the mission to provide equitable access to vital services, LearnWell aims to bridge gaps between hospitals, schools, and families. Many students face chronic absenteeism due to mental health issues; LearnWell works relentlessly to ensure these students receive the necessary support to get back on track academically, thus improving their overall mental health.
Significant Impact on Student Wellness
Richard Waitumbi, Managing Director in Sustainable Investing at Goldman Sachs Alternatives, stated that the demand for comprehensive mental and behavioral health services for students is at an all-time high. He beautifully captured the essence of the partnership stating, "LearnWell has established itself as a vital partner to hospitals and school districts. Our partnership is expected to positively influence student well-being and improve academic success." This investment will provide LearnWell with the leverage needed to expand its reach and impact further.
LearnWell’s Commitment to Education
Founded in 1995, LearnWell has become a trusted ally for healthcare facilities and educational institutions across the nation. The organization boasts a robust team of more than 250 educators who serve an impressive 7,700 school districts. Each year, LearnWell helps over 51,000 students by delivering a staggering 629,000 hours of personalized instruction, addressing both academic continuity and emotional support.
Customized Solutions for Diverse Needs
LearnWell provides a wide array of services to support K-12 students facing mental and behavioral health challenges. Their offerings include outpatient psychotherapy, therapeutic services, academic continuity services for students absent from school, and specialized behavioral interventions. Additionally, the program operates both in-person and virtually, ensuring students and their families receive tailored support regardless of their circumstances.
Leadership Vision and Future Growth
Kathleen Egger, Ed.D, CEO of LearnWell, highlighted the significance of this partnership, asserting that teaming up with Goldman Sachs Alternatives represents a transformational period for the organization. The rich expertise of Goldman Sachs in supporting social impact initiatives, combined with their vast resources, is set to amplify LearnWell's ability to empower students. Egger confidently stated, "This partnership will significantly amplify our impact, allowing us to serve even more students and communities across the nation."
Alignment with Strategic Goals
Greg Shell, Partner and Head of Inclusive Growth at Goldman Sachs Alternatives, echoed similar sentiments by expressing enthusiasm for the collaboration. He remarked, "Investing in LearnWell aligns with our strategy of concentrating on firms that embody both robust fundamentals and commendable social purposes. Their approach, centered on data and student success, makes them a perfect fit for our educational portfolio."
About LearnWell
LearnWell uniquely positions itself as a primary provider of accessible mental health and academic support services for K-12 students. By forming robust partnerships with school districts, the organization delivers a comprehensive suite of evidence-based interventions aimed at fostering student well-being and academic achievement. LearnWell focuses on enabling students to cope with challenges and excel in their educational journeys.
More About Goldman Sachs Alternatives
Goldman Sachs, recognized as a major player in alternative investments globally, boasts over $625 billion in assets managed and more than three decades of experience within the sector. The focus of Goldman Sachs Alternatives is diverse, encompassing various fields such as private equity, real estate, and sustainability-driven projects. This strategic direction allows clients to engage deeply with solutions that emphasize long-term investment performance while capitalizing on Goldman Sachs' expansive expertise.
Frequently Asked Questions
What is LearnWell's primary mission?
LearnWell is dedicated to improving the mental health and academic success of K-12 students by providing integrated support services.
How does the investment from Goldman Sachs Alternatives benefit LearnWell?
This investment will significantly enhance LearnWell's capabilities to serve more students and expand its reach across the nation.
What types of services does LearnWell offer?
LearnWell provides academic continuity, mental health support, outpatient psychotherapy, and customized behavioral interventions for students.
How long has LearnWell been in operation?
LearnWell was founded in 1995 and has since established itself as a trusted partner in educational and healthcare settings.
What does Goldman Sachs Alternatives focus on?
Goldman Sachs Alternatives invests in a wide range of sectors including private equity, real estate, and sustainability with an emphasis on long-term performance.
