"I commend the Private Equity Foundation for the work it is undertaking to tackle the NEET issue."

Richard Lambert, CBI Director General

The Private Equity Foundation (PEF) is a leading venture philanthropy fund which works with carefully selected charities to empower young people to reach their full potential.  Its investments address the NEET (young people not in education, employment or training) issue and include not just money but also pro bono expertise from the private equity community.  

Since its creation in 2006, PEF has secured the backing of over 70 private equity firms and their advisers, including banks, law firms, accountancy firms, consultants and search firms.

By sharing its members’ business skills, PEF has developed a model of engaged philanthropy and can maximise the social return on its donors’ investments. This is helping charities achieve a step change in their impact so even more young people benefit from effective interventions.

NOTE: Private Equity Foundation I, Inc. (PEF I, Inc.), a sister organisation to PEF, is a US charity that is exempt from federal income tax pursuant to section 501 (c)(3) of the Internal Revenue Code. PEF I, Inc. solicits charitable contributions independently of PEF and makes independent decisions as to whether to support initiatives of PEF. PEF I, Inc. shares the charitable goals and charitable investment approach of PEF.