There is a rumor that EY partners are giving back to the firm. Can someone confirm or deny?

smarthelpful
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What does that mean?

likehelpful

Capital Call is when each partner in the company must pay X amount based on their % of equity in the company.

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Capital call? Oof

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We do have a special opp just launched in the US to invest additional capital at a competitive RoR.

So instead of forcing everyone to invest, they’re making it “voluntary” but super-diluting those who don’t invest?

Not true. Last year we had become lax collecting bills and everyone was worried that we might need to do a capital call but then in the last two months of fiscal we collected enough that it wasn’t an issue - personally I doubt we were really that close. Could have just been a scare tactic to get us motivated to collect delinquent bills

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